CBRL Group, Inc. (Nasdaq: CBRL) today reported increased comparable store sales for its Cracker Barrel Old Country Store restaurants and gift shops for the four-week period ending Friday, November 30, 2007.
The sales are compared with comparable weeks, not the prior-year fiscal period, as a result of the 53rd week in the fiscal year ended on August 3, 2007:
Comparable store restaurant sales increased 2.5%, with approximately 3.6% higher average check primarily due to an average menu price increase of about 3.8%. Traffic declined approximately 1.1%.
Comparable store retail sales were up 4.4%.
Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 570 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.
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