Search:

The search returned 7 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:

Cracker Barrel Reports Fourth Quarter and Full Year Fiscal 2020 Results

Cracker Barrel Old Country Store reported its financial results for the fourth quarter of fiscal 2020 ended July 31, 2020 and provided an update regarding the impact of the COVID-19 pandemic on the Company's business.

Fourth Quarter Fiscal 2020 Highlights

  • Dining room service gradually returned during the first two months of the quarter, and by the end of June, substantially all dining rooms were open at varying levels of reduced capacity.
  • Comparable store restaurant and retail sales both improved sequentially each month during the quarter. Comparable store restaurant sales decreased...
Full Story »
Sep 16 8:17 AM, General News



Cracker Barrel Old Country Store Offers Menu Enhancements to Kick Off Fall 

Cracker Barrel Old Country Store announced it will welcome fall with new menu additions and limited-time seasonal items, including offering a classic comfort-food staple, Chicken Pot Pie, everyday.

In addition to the updated homestyle Chicken Pot Pie recipe, families can now enjoy a refreshed Kid's Menu and, for a limited time, they can savor the warmth of new seasonal beverages as well as the familiarity of a timeless dessert, Carrot Cake.

"Cracker Barrel has always been known as a place where families come together to connect," said Cracker Barrel Vice President of Culinary and Menu Strategy Cammie Spillyards-Schaefer. "As we move into this next season and continue to...

Full Story »
Aug 27 8:20 AM, General News


Cracker Barrel Reports Third Quarter Fiscal 2020 Results And Provides Business Update

Cracker Barrel Old Country Store, Inc. reported its financial results for the third quarter ended May 1, 2020 and provided an update regarding the impact of the coronavirus disease ("COVID-19") pandemic on the Company's business.

COVID-19 Business Update

Beginning in March, the unprecedented circumstances and rapidly changing market conditions caused by the COVID-19 pandemic resulted in significant disruptions to the restaurant industry and to the Company's business. As previously disclosed, the Company undertook numerous actions in response to the pandemic to...

Full Story »
Jun 3 8:08 AM, General News


Cracker Barrel Old Country Store Announces DoorDash Partnership

Cracker Barrel Old Country Store announced its partnership with DoorDash, to bring the comfort of Cracker Barrel to guests' homes nationwide.

"We have served as a home-away-from-home for more than 50 years, and as families spend even more time together now, we want to make mealtime a little easier by providing the comfort and value guests have come to expect from Cracker Barrel in their own home," said Jeff Sigel, Vice President of Marketing for Cracker Barrel. "We are pleased to partner with DoorDash to provide our homestyle food to guests, wherever they may be."

To help make their guests' next family meal more special, the companies will offer...

Full Story »
Apr 28 8:19 AM, General News


Cracker Barrel Reports Second Quarter Fiscal 2020 Results

Cracker Barrel Old Country Store, Inc. reported its financial results for the second quarter ended January 31, 2020.

Second Quarter Fiscal 2020 Highlights

  • Comparable store restaurant sales growth of 3.8% and traffic of -0.2% outperformed the casual dining industry. Comparable store retail sales increased 1.3%.
  • Operating income was $79.1 million, a 3.2% increase compared to the prior year.
  • GAAP earnings per diluted share were $2.55, which includes an unfavorable impact to...
Full Story »
Feb 25 8:47 AM, General News


Cracker Barrel Reports First Quarter Fiscal 2020 Results

Cracker Barrel Old Country Store today reported its financial results for the first quarter ended November 1, 2019.

First Quarter Fiscal 2020 Highlights

  • Comparable store restaurant sales growth of 2.1% and traffic of -1.5% outperformed the casual dining industry.
  • As previously announced, the Company acquired Maple Street Biscuit Company in an all-cash transaction for $36 million.
  • The Company repurchased $14.2 million in shares in the first quarter.
  • GAAP earnings per diluted share were $1.79 compared to prior year first quarter earnings per diluted share of $1.96. This figure includes unfavorable impacts to earnings per diluted share for...
Full Story »
Nov 26 10:04 AM, General News


Cracker Barrel Acquires Maple Street Biscuit Company

Cracker Barrel Old Country Store, Inc. announced it has acquired Maple Street Biscuit Company in an all-cash transaction for $36 million. Maple Street Biscuit Company was founded by Scott Moore and Gus Evans in Jacksonville, FL in 2012. It currently has 28 company-owned and five franchised fast casual locations across seven states. Maple Street Biscuit Company has targeted AUVs of $1.0+ million and targeted store-level EBITDA of 17%+ of net sales. The Company plans to convert its Holler & Dash Biscuit House units into Maple Street Biscuit Company locations in the coming months. Scott Moore will remain CEO of Maple Street Biscuit Company and will report directly to Sandra B. Cochran, President and CEO of Cracker Barrel.

“The breakfast and lunch-focused fast casual category is an attractive segment, and our experience with Holler & Dash has reinforced this belief. We have long admired Maple Street Biscuit Company with...

Full Story »
Oct 15 8:15 AM, General News




URNER BARRY INDICES




Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.