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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): February 1, 2005
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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 Exchange
Act (17 CFR.13e-4(c))
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Item 7.01. Regulation FD Disclosure.
On February 1, 2005, 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 five-week period ending January 28,
2005.
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 February 1, 2005.
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: February 1, 2005 CBRL GROUP, INC.
By: /s/ James F. Blackstock
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Name: James F. Blackstock
Title: Senior Vice President, General
Counsel and Secretary
[Logo of CBRL Group, Inc.] POST OFFICE BOX 787
LEBANON, TENNESSEE
37088-0787
PHONE 615.443.9869
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CBRL GROUP, INC.
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Contact: Lawrence E. White
Senior Vice President/
Finance and Chief
Financial Officer
(615) 443-9869
CBRL GROUP, INC. REPORTS JANUARY SALES
LEBANON, Tenn. (February 1, 2005) -- CBRL Group, Inc. (the "Company") (NASDAQ:
CBRL) today reported comparable store sales for the five-week period ending
January 28, 2005. As indicated when it established its reporting calendar for
fiscal 2005 on September 9, 2004, the Company will report financial results for
its second fiscal quarter on Thursday, February 17, 2005, at which time it will
also provide updates on earnings guidance.
The Company reported that comparable store restaurant sales for the five
weeks ending Friday, January 28, 2005 in its Cracker Barrel Old Country Store(R)
("Cracker Barrel") units were down approximately 0.6% from the comparable period
last year, with an approximately 3.9% higher average check, including
approximately 2.6% higher menu pricing. Cracker Barrel comparable store retail
sales in January were up approximately 6.1%. Comparable restaurant sales in the
Company's Logan's Roadhouse(R) restaurants in January were up approximately
1.9%, with an approximately 4.1% higher average check, including approximately
3.3% higher menu pricing. The Company noted that restaurant sales were affected
unfavorably in January by the shift in timing of the Christmas holiday from
fiscal December last year to fiscal January this year. The Company estimated
that comparable store restaurant sales were decreased by approximately 4% at
Cracker Barrel and Logan's as a result of this shift. In addition, the Company
noted that comparable store sales included a slight benefit from higher gift
card redemptions than last year approximately offset by a slightly negative net
effect versus last year from winter weather during the month. Comparable store
retail sales were also decreased by the holiday shift, but this decrease was
more than offset by stronger performance including the effects of the
post-holiday markdown period compared to the prior year.
Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates
516 Cracker Barrel Old Country Store restaurants and gift shops located in 41
states and 119 company-operated and 21 franchised Logan's Roadhouse restaurants
in 18 states.
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