CBRL Group (CBRL) Reports March Comparable Store Sales
Tweet
Share
E-mailGet Alerts CBRL Hot Sheet
Price: $58.75 +2.85%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5%
Revenue Growth %: -5.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5%
Revenue Growth %: -5.6%
Join SI Premium – FREE
CBRL Group, Inc. (Nasdaq: CBRL) reported comparable store sales for its Cracker Barrel Old Country Store restaurants and gift shops for the four-week period ending Friday, March 23, 2007.
Comparable store restaurant sales were down 1.0% from the comparable period last year. The average check increased approximately 1.4% including 1.5% higher average menu pricing.
Comparable store retail sales were down 0.3%.
The Company noted that comparable store restaurant and retail sales in fiscal March were unfavorably affected by an estimated net effect of approximately 0.5 to 1.0%, and 1.0 to 1.5%, respectively, each as a result of winter weather that, as in February, was more severe this year than last year.
Comparable store restaurant sales were down 1.0% from the comparable period last year. The average check increased approximately 1.4% including 1.5% higher average menu pricing.
Comparable store retail sales were down 0.3%.
The Company noted that comparable store restaurant and retail sales in fiscal March were unfavorably affected by an estimated net effect of approximately 0.5 to 1.0%, and 1.0 to 1.5%, respectively, each as a result of winter weather that, as in February, was more severe this year than last year.
You May Also Be Interested In
- Google DeepMind leadership reshuffle: Hassabis shifts to AGI focus
- Mizuho Expects Circle Internet Group (CRCL) to Fade Premarket Gains
- Salesforce president Srini Tallapragada steps down, becomes advisor
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
