What happened Shares of Cracker Barrel Old Country Store (NASDAQ: CBRL) dropped 11.2% in 2020, according to data provided by S&P Global Market Intelligence, as restaurants across the country dealt with the pandemic. It's amazing the performance wasn't worse, and as we begin 2021 there seems to be a light at the end of the tunnel for restaurant stocks. Image source: Getty Images. So what You can see below how swift the pandemic hit Cracker Barrel's financial performance. Restaurants were shut down across the country in the second quarter, and it took months for them to start getting some of that revenue back. CBRL Revenue (Quarterly) data by YCharts By year end, Cracker Barrel's business was back to a decent, albeit reduced, level as some locations opened and takeout became more common. And with vaccines now being rolled out in the U.S., there's hope that operations will be back at full steam sometime in 2021. Now what It's really amazing that the performance of stocks like Cracker Barrel wasn't worse in 2020. Companies like this were forced to shut down and lay off thousands of workers, but survived and could thrive when the economy opened because smaller competitors were forced to shut down. COVID-19 hasn't been good for Cracker Barrel, but long term it could actually help the stock and be a big winner for investors. 10 stocks we like better than Cracker Barrel Old Country StoreWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Cracker Barrel Old Country Store wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source