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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
  • The Northeast Blackout of 1965 on November 9, 1965.
1977
  • The infamous New York City Blackout of July 13-14, 1977, resulted in looting and rioting.
. In addition, the Company has lost approximately 36 store operating days to date in fiscal October due to closings related to Hurricane Rita Hurricane Rita was the fourth-most intense Atlantic hurricane ever recorded and the most intense tropical cyclone ever observed in the Gulf of Mexico. Rita caused $11.3 billion in damage on the U.S. Gulf Coast in September 2005. , and five stores remain closed as of today (three Cracker Barrel and two Logan's locations), including one Cracker Barrel store that is still closed as a result of Hurricane Katrina Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. . The Company estimates that comparable store sales were reduced slightly in September at both Cracker Barrel and Logan's as a result of the net effect of lost sales from closings and shorter hours and the estimated partial offset from gains at locations that apparently benefited from evacuation activity. Store operating days that were lost by Logan's occurred primarily at locations that are not yet included in the comparable store base. Including the favorable fa·vor·a·ble  
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
For other places with the same name, see Lebanon (disambiguation).


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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 27, 2005
Words:466
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