CBRL Group, Inc. Reports August Comparable Store Sales.LEBANON, Tenn. -- CBRL CBRL CBRL Group, Inc (stock symbol) CBRL Council for British Research in the Levant (UK) Group, Inc. (the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBRL) today reported comparable store sales for the fiscal four-week period ending Friday, August 25, 2006. The report includes monthly comparable store sales for both its Cracker Barrel This article is about the restaurant-and-store chain. For the unrelated company marketing cheeses bearing the "Cracker Barrel" trademark, see Kraft Foods. Cracker Barrel Old Country Store, Inc. Old Country Store(R) ("Cracker Barrel") restaurants and gift shops and its Logan's Roadhouse Logan's Roadhouse is a chain of restaurants that was founded in 1991, and in 1999 became a wholly owned subsidiary of the publicly held CBRL Group, Inc (which also owns Cracker Barrel). (R) ("Logan's") restaurants. For Cracker Barrel: --Comparable store restaurant sales in fiscal August were down 1.5%, with an approximately 1.2% higher average check, including approximately 0.9% higher average menu pricing, and --Comparable store retail sales in fiscal August were up 2.2%, showing an improvement in trends in the last two weeks of the month as new seasonal merchandise began to be featured. For Logan's: --Comparable restaurant sales in fiscal August were up 0.7%, with an approximately 2.5% higher average check (all of which reflected higher average menu prices). Commenting on the Cracker Barrel sales results, Michael A. Woodhouse, Chairman, President and Chief Executive Officer noted, "We are extremely pleased with performance for the fiscal period, especially our performance over the last two weeks of the period when Cracker Barrel's weekly restaurant sales trends improved relative to prior trends, and comparable-store retail sales increased approximately 9% from the same period last year. We attribute the retail sales increase to our new product offerings, which have begun to feature our seasonal merchandise. We also are encouraged to see these improvements before we lap the effects last year of Hurricane Katrina Headquartered in Lebanon, Tennessee
Lebanon is a city in Wilson County, Tennessee, in the United States. The population was 20,235 at the 2000 census. , CBRL Group, Inc. presently operates 543 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states and 142 company-operated and 25 franchised Logan's Roadhouse(R) restaurants in 20 states. |
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