cbrlgroupinc8k010308.htm




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 3, 2008


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 3, 2008, CBRL Group, Inc. issued the press release, which is furnished hereto as Exhibit 99.1 and incorporated by reference as if fully set forth herein, announcing the comparable store sales for its Cracker Barrel Old Country Store® restaurants and gift shops for the four-week period ending Friday, December 28, 2007.


Item 9.01.  Financial Statements and Exhibits.
 
(d)  
Exhibits.
   
  See Exhibit Index immediately following signature page.


 


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 3, 2008   CBRL GROUP, INC.
       
       
    By: /s/ N.B. Forrest Shoaf
    Name: N.B. Forrest Shoaf
    Title: Senior Vice President, Secretary and General Counsel
       
  


 
EXHIBIT INDEX
 
Exhibit No.                                                                            Description
 
99.1  
Press Release issued by CBRL Group, Inc. dated January 3, 2008 (furnished only)
 

 


 
pressrelease.htm
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 DECEMBER COMPARABLE STORE SALES
Sales Affected Unfavorably by Severe Weather

LEBANON, Tenn. – January 3, 2008 -- CBRL Group, Inc. (“CBRL”) (Nasdaq: CBRL) today reported comparable store sales for its Cracker Barrel Old Country Store® restaurants and gift shops for the four-week period ending Friday, December 28, 2007.  The sales are compared with the 4-week period ending December 29, 2006, 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 decreased 1.1%, which included the effect of an approximately 3.6% higher average check that resulted primarily from an average menu price increase of approximately 3.5%.   Traffic declined approximately 4.7%.  Severe winter weather unfavorably affected restaurant traffic by an estimated 1.5% to 2%.
·  
Comparable store retail sales were up 1.0%.

Commenting on the results, CBRL Chairman, President and Chief Executive Officer Michael A. Woodhouse said, “Pressures on consumer discretionary spending were more pronounced than expected during this holiday season.  In addition, the extreme weather in the Midwest and Northeast adversely impacted traffic.  Nevertheless, despite these headwinds, our retail sales remained positive and our guest traffic trends continue to exceed the industry as reported by the Knapp-Track™ index.”

Headquartered in Lebanon, Tennessee, CBRL Group, Inc. presently operates 570 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.

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