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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): November 30, 2004
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CBRL GROUP, INC.
Tennessee 0-25225 62-1749513
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
305 Hartmann Drive, Lebanon, Tennessee 37087
(615) 444-5533
Check the appropriate box if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions :
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchang
Act (17 CFR.13e-4(c))
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Item 7.01. Regulation FD Disclosure.
On November 30, 2004, CBRL Group, Inc. issued the press release that is
furnished as Exhibit 99 to this Current Report on Form 8-K, which by this
reference is incorporated herein as if copied verbatim, with respect to its
reporting of comparable store sales for the four-week period ending November 26,
2004.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements. None
(b) Pro Forma Financial Information. None
(c) Exhibits.
99 Press Release issued by CBRL Group, Inc. dated November 30, 2004.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: November 30, 2004 CBRL GROUP, INC.
By: /s/James F. Blackstock
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Name: James F. Blackstock
Title: Senior Vice President, General
Counsel and Secretary
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CBRL GROUP, INC.
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[CBRL GROUP, INC. Logo]
Contact: Lawrence E. White
Senior Vice President/
Finance and Chief
Financial Officer
(615) 443-9869
CBRL GROUP, INC. REPORTS NOVEMBER SALES
LEBANON, Tenn. (November 30, 2004) -- CBRL Group, Inc. (the "Company") (NASDAQ:
CBRL) today reported comparable store sales for the four-week period ending
November 26, 2004.
The Company reported that comparable store restaurant sales for the four
weeks ending Friday, November 26, 2004, in its Cracker Barrel Old Country
Store(R) ("Cracker Barrel") units were up 3.8% from the comparable period last
year, with an approximately 4.3% higher average check, including approximately
3.3% higher menu pricing. Cracker Barrel comparable store retail sales in fiscal
November were down 3.0% (compared to a 10.0% increase in fiscal November of the
prior year). Comparable restaurant sales in the Company's Logan's Roadhouse(R)
restaurants in fiscal November were up 3.1%, including an approximately 3.6%
higher average check, including approximately 3.2% higher menu pricing.
The Company noted that sales for fiscal November were unfavorably affected
by the timing of Halloween, which fell in fiscal October last year but occurred
in fiscal November this year. The Company estimated that comparable store
restaurant sales for the month were reduced by approximately 0.5% at Cracker
Barrel and approximately 1.5% at Logan's as a result of this change in holiday
timing. In addition, the Company estimated that comparable store retail sales
increased approximately 3.9% because of special discounts offered Cracker Barrel
employees for two days during November that were offered only in December last
year.
As indicated when it established its reporting calendar for fiscal 2005 on
September 9, 2004, the Company will report sales for fiscal December on Tuesday,
December 28, 2004, at which time it will also provide updates on earnings
guidance.
Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates
512 Cracker Barrel Old Country Store restaurants and gift shops located in 41
states and 115 company-operated and 21 franchised Logan's Roadhouse restaurants
in 18 states.
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