By Brooke DiPalma

Cracker Barrel's controversial redesign made its way to the president's desk, and now the company says its reverting to its old logo.

“We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘old timer’ will remain,” the company said in a statement posted on social media.

Shares of the restaurant operator rose about 7% in premarket trading on Wednesday. On Tuesday, the stock closed more than 6% higher after President Trump called on the company to change its logo back following a redesign it unveiled last week, which sent shares tumbling amid broad customer backlash.

After changing its logo back, Trump congratulated the company on the decision.

"Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before," Trump said in a post on Truth Social Tuesday morning.

"They got a Billion Dollars worth of free publicity if they play their cards right. Very tricky to do, but a great opportunity. Have a major News Conference today. Make Cracker Barrel a WINNER again."

Cracker Barrel stock fell more than 14% last week after the company announced the fifth evolution of its logo to a more minimalist look, removing the image of an "old-timer."

Cracker Barrel announced the company's new brand logo on Aug. 19 (Courtesy: Cracker Barrel)