Exhibit 99.1
[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 OCTOBER COMPARABLE STORE SALES
LEBANON, Tenn. – November 6, 2007 -- CBRL Group, Inc. (Nasdaq: CBRL) today reported comparable store sales for its Cracker Barrel Old Country Store® restaurants and gift shops for the five-week period ending Friday, November 2, 2007. The sales are compared with comparable weeks, not the prior-year fiscal period, as a result of the 53rd week in the fiscal year ended on August 3, 2007:
· | Comparable store restaurant sales increased 1.0%, with approximately 3.6% higher average check primarily due to an average menu price increase of about 3.8%. Traffic declined approximately 2.6%. |
· | Comparable store retail sales were down 4.9%. Excluding the effect of a Porch Sale clearance event last year, sales decreased 1.3%. |
CBRL-F
Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 567 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.
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