CBRL Group Inc 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): September
21, 2006
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
September 21, 2006, 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, announcing that its Board of
Directors had declared a cash dividend of fourteen cents per share, payable
on
November 8, 2006 to shareholders of record on October 20, 2006.
Item
9.01. Financial
Statements and Exhibits.
(d)
Exhibits.
99.1 |
Press
Release issued by CBRL Group, Inc. dated September 21,
2006
|
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:
September 21,
2006
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 September 21, 2006
[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
Wynne
Senior
Vice President Corporate Affairs
(615)
443-9869
Media
Contact: Julie
K.
Davis
Director
Corporate Communications
(615)
443-9266
CBRL
GROUP, INC. DECLARES QUARTERLY DIVIDEND
INCREASES
PAYMENT TO FOURTEEN CENTS PER SHARE
LEBANON,
Tenn. (September 21, 2006) -- CBRL Group, Inc. (Nasdaq: CBRL) today announced
that the Board
of
Directors has declared an increase in its regular quarterly dividend to common
shareholders to a new amount of $0.14 per share from the previous amount of
$0.13 per share, payable on November 8,
2006 to
shareholders of record on October 20, 2006.
Headquartered
in Lebanon, Tennessee, CBRL Group, Inc. presently operates 544 Cracker Barrel
Old Country Store restaurants and gift shops located in 41 states and 142
company-operated and 25 franchised Logan’s Roadhouse restaurants in 20
states.
Except
for specific historical information, many of the matters discussed in this
press
release may express or imply projections of revenues or expenditures, statements
of plans and objectives or future operations or statements of future economic
performance. These, and similar statements are forward-looking statements
concerning matters that involve risks, uncertainties and other factors which
may
cause the actual performance of CBRL Group, Inc. and its subsidiaries to differ
materially from those expressed or implied by this discussion. All
forward-looking information is provided by the Company pursuant to the safe
harbor established under the Private Securities Litigation Reform Act of 1995
and should be evaluated in the context of these factors. Forward-looking
statements generally can be identified by the use of forward-looking terminology
such as “trends,” “assumptions,” “target,” “guidance,” “outlook,” “plans,”
“goals,” “objectives,” “expectations,” “near-term,” “long-term,” “projection,”
“may,” “will,” “would,” “could,” “expect,” “intend,” “estimate,” “anticipate,”
“believe,” “potential,” “regular,” or “continue” (or the negative or other
derivatives of each of these terms) or similar terminology. Factors which
CBRL
Group Declares Quarterly Dividend
Page
2
September
21, 2006
could
materially affect actual results include, but are not limited
to:
the
timing and ability of the Company to execute a successful divestiture of its
Logan’s Roadhouse, Inc. subsidiary, including the effects of changes in capital
market or economic conditions that could affect valuations of restaurant
companies; the effects of incurring substantial indebtedness and associated
restrictions on the Company’s financial and operating flexibility and ability to
execute or pursue its operating plans and objectives; the effects of uncertain
consumer confidence, higher costs for energy, consumer debt payments, or general
or regional economic weakness, or weather on sales and customer travel,
discretionary income or personal expenditure activity of our customers; the
ability of the Company to identify, acquire and sell successful new lines of
retail merchandise and new menu items at our restaurants; the ability of the
Company to sustain or the effects of plans intended to improve operational
execution and performance; changes in or implementation of additional
governmental or regulatory rules, regulations and interpretations affecting
tax,
wage and hour matters, health and safety, pensions, insurance or other
undeterminable areas; the effects of plans intended to promote or protect the
Company’s brands and products; commodity, workers compensation, group health and
utility price changes; consumer behavior based on negative publicity or concerns
over nutritional or safety aspects of the Company’s products or restaurant food
in general, including concerns about E. coli bacteria, hepatitis A, “mad cow”
disease, “foot-and-mouth” disease, and bird flu, as well as the possible effects
of such events on the price or availability of ingredients used in our
restaurants; changes in interest rates or capital market conditions affecting
the Company’s financing costs or ability to obtain financing or execute
initiatives; the effects of business trends on the outlook for individual
restaurant locations and the effect on the carrying value of those locations;
the ability of the Company to retain key personnel during and after the
restructuring process; the ability of and cost to the Company to recruit, train,
and retain qualified hourly and management employees; the effects of increased
competition at Company locations on sales and on labor recruiting, cost, and
retention; the availability and cost of suitable sites for restaurant
development and our ability to identify those sites; changes in building
materials and construction costs; the actual results of pending, future or
threatened litigation or governmental investigations and the costs and effects
of negative publicity associated with these activities; practical or
psychological effects of natural disasters or terrorist acts or war and military
or government responses; disruptions to the company’s restaurant or retail
supply chain; changes in foreign exchange rates affecting the Company’s future
retail inventory purchases; implementation of new or changes in interpretation
of existing accounting principles generally accepted in the United States of
America (“GAAP”); effectiveness of internal controls over financial reporting
and disclosure; and other factors described from time to time in the Company’s
filings with the Securities and Exchange Commission, press releases, and other
communications
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END
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