CBRL Group, Inc. (Nasdaq: CBRL) today reported comparable store sales for its Cracker Barrel Old Country Store(R) restaurants and gift shops for the four-week period ending Friday, February 29, 2008.
The sales are compared with the four-week period ending March 2, 2007, 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 0.9%, which included the effect of an approximately 3.1% higher average check that resulted primarily from an average menu price increase of approximately 3.2%.
Comparable store retail sales were up 1.2%.
Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 572 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.
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