Form 8-K

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
 


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): March 28, 2006


CBRL GROUP, INC.

 
Tennessee
 
0-25225
 
62-1749513
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S. Employer
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))




 
 

 


Item 7.01. Regulation FD Disclosure.

On March 28, 2006, 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, reporting comparable store sales for the four-week period ending March 24, 2006 for its Cracker Barrel Old Country Store® restaurants.


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 March 28, 2006     

 
2

 

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: March 28, 2006
 
CBRL GROUP, INC.
     
     
 
By:
/s/ N.B. Forrest Shoaf
 
Name:
N.B. Forrest Shoaf
 
Title:
Senior Vice President, Secretary
and General Counsel
 

 
 3

Press Release
[CBRL GROUP, INC. LOGO]
Post Office Box 787
Lebanon, Tennessee
37088-0787
Phone 615.443.9869
 

 
Investor Contact: Lawrence E. White
Senior Vice President/Finance
and Chief Financial Officer
(615) 443-9869

Media Contact: Julie K. Davis
Director Corporate Communications
(615) 443-9266

 

CBRL GROUP, INC. REPORTS MARCH COMPARABLE STORE SALES

LEBANON, Tenn. (March 28, 2006) -- CBRL Group, Inc. (the “Company”) (Nasdaq: CBRL) today reported comparable store sales for its Cracker Barrel Old Country Store® (“Cracker Barrel”) restaurants and gift shops for the four-week period ending Friday, March 24, 2006. On March 17, 2006, the Company announced its intention to divest itself of its wholly-owned Logan’s Roadhouse, Inc. (“Logan’s”) subsidiary. In accordance with federal securities laws, the Company has discontinued reporting of Logan’s sales results.
 
·  
Comparable store restaurant sales in fiscal March were down 2.1%, with an approximately 2.2% higher average check, including approximately 2.4% higher average menu pricing, and
·  
Comparable store retail sales in March were down 12.9%.

The Company noted that comparable sales in fiscal March were unfavorably affected by a shift in the timing of Easter, which is three weeks later this year than last year. The Company estimated that Cracker Barrel’s comparable store sales in fiscal March were unfavorably affected by approximately 1-1.5% in restaurant sales and 5-6% in retail sales as a result of this shift.

Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 537 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states and 134 company-operated and 25 franchised Logan’s Roadhouse® restaurants in 20 states.
 
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