Cracker Barrel Old Country Store Q3 sales declined 41.7%Christian Fernsby ▼ | June 3, 2020
Cracker Barrel Old Country Store reported its financial results for the third quarter ended May 1, 2020.
Cracker Barrel Old Country Store Comparable restaurant sales declined 41.7%
Topics: Cracker Barrel Old Country Store
All Cracker Barrel stores have remained open. However, all stores were operating in an off-premise-only model with no dine-in service from late March through late April, with incremental dine-in openings initiating thereafter.
For the week ending May 29, 2020, when compared to the comparable period in 2019, comparable store restaurant sales for stores with limited dine-in service decreased approximately 32%.
As of May 29, 2020, 505 stores had limited dine-in service, and the Company expects that substantially all stores will have limited dine-in service by the end of June. ■