Declares Quarterly Dividend of $1.10 per share
LEBANON, Tenn.--(BUSINESS WIRE)--
Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the
"Company") (NASDAQ: CBRL) today announced that its Board of Directors
has declared a regular quarterly dividend to common shareholders of
$1.10 per share, payable on November 5, 2015, to shareholders of record
on October 16, 2015. The Board also authorized new share repurchases for
up to $25 million of the Company's outstanding common stock. The share
repurchase authorization is effective immediately and replaces the prior
authorization.
About Cracker Barrel Old Country Store
Cracker Barrel Old Country Store restaurants provide a friendly
home-away-from-home in its old country stores and restaurants. Guests
are cared for like family while relaxing and enjoying real home-style
food and shopping that's surprisingly unique, genuinely fun and
reminiscent of America's country heritage…all at a fair price.
Cracker Barrel Old Country Store, Inc. (Nasdaq:CBRL) was established in
1969 in Lebanon, Tenn. and operates 637 company-owned locations in 42
states. Every Cracker Barrel unit is open seven days a week with hours
Sunday through Thursday, 6:00 a.m. - 10:00 p.m., and Friday and
Saturday, 6:00 a.m. - 11:00 p.m. For more information, visit:
crackerbarrel.com.
CBRL - F
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Cracker Barrel Old Country Store, Inc.
Investor Contact:
Lawrence
E. Hyatt, 615-235-4432
Media Contact:
Janella Escobar,
615-235-4618
Source: Cracker Barrel Old Country Store, Inc.
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