The Craker barrel returns to the CEO of Steak ‘N Shake after social media attacks

First on the fox – The Kraker barrel again launched at the head of a “meat slice”, Serdar Baggari “self -interested”, after she criticized the fast food chain Restore the restaurant On social media, his “weak performance” described the CEO “a warning story.”

“Mr. Biglari has followed seven unprecedented requests against the company in just 14 years, every time for what we believe are reasons interested in particular. Thank God, our shareholders have refused his proposals and candidates continuously.” Fox News digital In a statement.

Biglari acquired Shake ‘N Shake after a one -year agent in 2008 and is also one of the largest shareholders of Cracker Barrel, according to SEC. Cracker’s barrel stocks have a lion box and other entities, According to the last SecHe has launched many battles against the Board of Directors since he bought stocks for the first time in 2011. He became Chairman and CEO of Western Sizzlin in 2006, after the Battle of an agent. He merged “N Shake and Western Sizzlin” under Biglari Holdings Corporation in 2010.

Conservative activist criticizes the cracking barrel. The company left the decline after redesign the logo

As one of the largest shareholders of Cracker Barrel, Biglari has long intensified against the Board of Directors for its follow -up to what is believed to be bad trade decisions that harm the company’s brand. Six battles have launched seven disputed requests against the Cracker Barre, since 2011, seeking to confirm himself or his candidates on the blackboard, according to what he said SEC files for the company.

He also called for the replacement of the former CEO Craacker Barrel Sandra B. Cochran, and the company’s commercial brand bombing, and called for an increase in stock profits for shareholders in his many businesses against the Board of Directors. The Board of Directors publicly criticized in open messages issued in 2021 and 2022, according to the SEC report.

Most of the Biglari movements were unanimously rejected by the Board of Directors, but in 2022 he succeeded in obtaining one of the candidates for the board of directors, in exchange for a “advanced agreement” for a period of two years, which forced him to stop following up on the agents and overcoming the company publicly.

However, in October 2024, after the end of the suspended rulings, Biglari again attacked the council’s “strategic transformation plan” in an open letter of 7 pages. In the letter, the Iranian -born investor deleted the council as a “defective” and collided with his previous decisions by opening new stores and investing in new business. He criticized the painting for being far from the “basic customers” of the restaurant.

Only the new barrel text logo is “How to Destroy with a Trade Mark”, criticism claims

“The plan adopted by the Board of Directors includes reshaping units with new stalls and banquets, which have not been part of the interior stores yet. However, the problem does not lie in the seats but to get more people to sit in them. We do not believe that changing furniture and changing the decor will not change the company’s path or solving professional problems in the company.

He added: “We believe that the questionable transformation plan indicates the existence of a poorly established painting that cannot be related to the virgin barrel or its customers. It lacks a transformation experience, and it lacks a set of skills needed to face basic commercial challenges.”

However, Craacker Barrel said that Biglari did not provide any problems with the renamination of the planned company during a meeting in June 2024 that he requested with the new CEO Julie Felss Masino, claiming that he was attended by Biglari, Masino and other Cracker Barrel and Biglari Holdings.

“At the June 11 meeting, Mr. Biglari did not express their concerns about the strategic transformation or disagreement with the decrease in the company’s quarterly profits, and did not make any material suggestions to improve business.”

The Wall Street Ken Square, who monitors active shareholders, told Fox News Digital that the repeated agent battles in Biglari could reach harassment, and Biglari added to his website.Shame“Because of self -trading.”

“One of the biggest advantages of American markets is the ability to thwart the frustrated shareholders in launching a proxy battle to replace managers. But this right can be misused at the expense of shareholders. This is what we see in the virgin barrel … at some point it becomes very disabled and harassment, and the company should have taken reasonable measures to rid it. Fox News digital.

Craft barrel or a waffle house? The hottest food debate returns in the south in the epic of the slogan

After Cracker’s barrel fans rebelled after redesign the restaurant that abolished the Kitschy-MARICANA chain chain in favor of the elegant and modern approach and a simple new slogan that collected the presence of “The Old Timer”, which is a creative image of an old man tending to barrels, Prairier -taker barberry meat slice On social media.

“Sometimes, people want to change things just to put their own personality on things,” Steak ‘N Shake has been posted, along with a picture of part of the old broken barrel logo.

“In (the virgin barrel), their goal is to delete the character completely. Hence, the disposal of the” old timer “of signs”, Steak ‘N Shake was published on X on August 21, shortly after the start of anger against the new logo.

Steak ‘n also chanting Publishing pictures of hats similar to Maga Al -Ahmar The call to release CEO Craacker Barrel Masino.

Steak ‘N Shake has seen mixed results with Biglari on top. When he first got the company in 2008, he was, he said, “a water that takes water,” and on the whipping of bankruptcy. Through a series of movements that reduce costs and other improvements, Biglari turned the company to the extent that it was achieving a $ 100,000 profit per day in just one year in 2009.

However, by 2018, the privilege was witnessing losses once again, and by 2024, the company closed 200 sites and was renewed in a “fast food service” restaurant that mostly depends on self -service kiosks, QSR mentioned.

Steak ‘N Shake recently won the Minister of Health and Humanitarian Services Robert F. Kennedy, the son after they started in the village of fried potatoes in the beef fork. Under the leadership of Biglari to Western Sizlin, the company shrunk from 140 sites to only 33 sites, which was previously crushing barrel in corrosion in the company’s value, FSR mentioned.

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Steak ‘N Shake Coo Dan Edwards Cracker has accused the Cracker barrel of trying to pay attention to the recent public relations disaster by attacking Biglari personally. Krakir barrel stocks He decreased by 7 % after trying to rename the failed brand, and scan $ 90 million in the market value. However, the stock has recovered to some extent that the company pledged to maintain its current slogan.

“CB’s wrong guidance techniques remained the same for more than a decade. The recent fashion proves that management is separate from its commercial brand and customers. Sardar Biglari is an investor. As head of the company, Biglari, circulating publicly, Sardar seeks to build a value for all BH shareholders. Shares continued to lose value collectively.