07:51 AM EDT, 09/19/2025 (MT Newswires) -- Cracker Barrel Old Country Store ( CBRL ) investor Sardar Biglari and his associates filed a securities filing Thursday, urging investors to withhold votes on the re-election of Chief Executive Julie Masino and director Gilbert Davila to the board at the next annual meeting.

Sardar Biglari, CEO of rival Steak 'n Shake, holds 654,141 Cracker Barrel shares, or about 2.9% through his investment funds.

Biglari criticized the company's recent rebranding efforts as a "fiasco" and said Masino and Davila are the "two directors most responsible for this fiasco."

Biglari said Masino's tenure has been marked by "repeated and highly publicized missteps, from misguided rebranding efforts to ill-fated 'transformation' initiatives."

Biglari also urged shareholders to vote against the Ineligibility Provision and the Mutual Reimbursement Provision in the company's bylaws.

Cracker Barrel did not immediately respond to requests for comment from MT Newswires.