CBRL Group, Inc. Reports September 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 four-week period ending September 23, 2005. The Company reported that comparable store restaurant sales for the four weeks ending Friday, September 23, 2005 in 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") units were down 2.4% from the comparable period last year, with an approximately 4.3% higher average check, including approximately 4.1% higher menu pricing. Cracker Barrel comparable store retail sales in September were down 10.7%. Comparable restaurant sales in the Company's 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 in September were down 1.5%, with an approximately 2.3% higher average check, including approximately 2.5% higher menu pricing. The Company believes that gasoline prices, energy cost outlook and the effects of the two recent hurricanes have had a negative and disruptive effect on consumer sentiment, and it observed that sales trends in September were below its previous expectations. In September, the Company's operations were unfavorably affected by Hurricanes Katrina and Rita. During September, the Company lost approximately 131 store operating days due to closings for damages and power outages This is a list of famous wide-scale power outages. 1965
adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. effect of comparisons to comparable store restaurant sales that were reduced during September last year by approximately 0.5% at both Cracker Barrel and Logan's, as previously disclosed, the Company estimated the combined net effect from hurricanes in both years had a slightly positive impact on comparable restaurant sales. The estimated combined net effect in both years was more positive on comparable retail sales at Cracker Barrel since the hurricanes last year disrupted or postponed porch sale events in certain of the Company's regions last year. The Company noted that retail sales trends were substantially affected by lower sales than prior year for certain seasonal product lines, which may reflect delayed consumer purchases of seasonal items. 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. operates 535 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states and 128 company-operated and 23 franchised Logan's Roadhouse restaurants in 19 states. |
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