CBRL Group, Inc. Form 8-K filed January 30, 2007


 

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): January 30, 2007
 
CBRL GROUP, INC.

 
Tennessee
0-25225
62-1749513
(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 240.13e-4(c))
 





Item 7.01. Regulation FD Disclosure.

On January 30, 2007, CBRL Group, Inc. issued the press release that is furnished as Exhibit 99.1 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 five-week period ending January 26, 2007.


Item 9.01. Financial Statements and Exhibits.
 
(d)    Exhibits.
 
99.1  
  Press Release issued by CBRL Group, Inc. dated January 30, 2007
 
 

 
 

 

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: January 30, 2007                                            CBRL GROUP, INC.

 
                              By:       /s/ N.B. Forrest Shoaf        
                                                Name:  N.B. Forrest Shoaf
                                         & #160;                  Title:     Senior Vice President, Secretary
                                             and General Counsel

CBRL Group, Inc. Press Release dated January 30, 2007

    
 
[CBRL GROUP, INC. LOGO]
POST OFFICE BOX 787
 
LEBANON, TENNESSEE
 
37088-0787
   
C  B  R  L  G R O U P,  I  N  C.  



Investor Contact: Diana S. Wynne
  Senior Vice President, Corporate Affairs
  (615) 443-9837
   
Media Contact: Julie K. Davis
  Director, Corporate Communications
  (615) 443-9266

 
CBRL GROUP REPORTS COMPARABLE STORE SALES
FOR THE FIVE-WEEK PERIOD ENDING JANUARY 26, 2007

LEBANON, Tenn. (January 30, 2007) -- 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 five-week period ending Friday, January 26, 2007.

Comparable store restaurant sales were up 1.5% from the comparable period last year, with an increase in the average check of approximately 1.4% including 1.6% higher average menu pricing. Comparable store retail sales were up 14.3%. Comparisons to prior year for both restaurant and retail sales were affected by the shift in timing of Christmas Day from Sunday in 2005 to Monday in 2006, severe winter weather late in fiscal January 2007 and increased gift card redemptions. The Company estimates the respective effects of these factors as follows:

·  
  The shift in timing of Christmas Day favorably affected comparable store restaurants sales by an estimated 0.5% and comparable store retail sales by
  an estimated 2.5-3%;
·  
  Weather unfavorably affected combined restaurant and retail sales by an estimated 1-1.5%, and;
·  
  Increased gift card redemptions had a favorable incremental effect on combined comparable store restaurant and retail sales of less than 1%.

Commenting on the retail results, CBRL Chairman, President and Chief Executive Officer Michael A. Woodhouse said, “Retail sales benefited from our continuing focus on providing unique, quality products for our targeted customer base, and the total of our markdowns in January was not substantially different than last year.”

Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 553 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.
 
 
 
 
 
 
 

 
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