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Cracker Barrel Old Country Store Q4 sales decreased 39.2%

Christian Fernsby ▼ | September 16, 2020
Cracker Barrel Old Country Store reported its financial results for the fourth quarter of fiscal 2020 ended July 31, 2020.
Cracker Barrel Old Country Store
Cracker Barrel Old Country Store   The Company reported total revenue of $495.1 million
Comparable store restaurant sales decreased 39.2% and comparable store retail sales decreased 32.3% for the full quarter compared to the prior year quarter.

Topics: Cracker Barrel Old Country Store

Off-premise sales grew approximately 145% over the prior year quarter and represented approximately 35% of restaurant sales.

The Company reported total revenue of $495.1 million for the fourth quarter of fiscal 2020, representing a decrease of 37.1% compared to the fourth quarter of the prior year.

Cracker Barrel fourth quarter comparable store restaurant sales decreased 39.2% compared to the prior year quarter, as a 40.7% decrease in comparable store restaurant traffic was partially offset by a 1.5% increase in average check.

Comparable store retail sales decreased 32.3% compared to the prior year quarter.


 

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