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Cracker Barrel Old Country Store Q4 sales decreased 39.2%

Christian Fernsby |
Cracker Barrel Old Country Store reported its financial results for the fourth quarter of fiscal 2020 ended July 31, 2020.

Topics: CRACKER BARREL OLD COUNTRY STORE   

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.

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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