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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
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...
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...
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...
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
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
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...
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