Cracker Barrel tried to win back customers by abandoning its logo and remodels. But it still sees fewer diners up ahead.

Shares of Cracker Barrel Old Country Store Inc. declined in after-hours trading on Wednesday following the company’s outlook for the upcoming fiscal year. The popular Americana-themed restaurant chain projects a slowdown in customer traffic and expects sales to come in below Wall Street’s expectations. The company is also facing some controversy over its recent logo redesign and store remodels, which have sparked mixed reactions from customers and critics alike. Despite its loyal customer base and strong brand presence, Cracker Barrel is navigating challenges as it seeks to modernize its image while maintaining its nostalgic charm. Investors are closely watching how these strategic changes will impact future sales and overall growth.