Company Profile For Cracker Barrel Old Country Store, Inc.

Cracker Barrel Old Country Store, Inc., formerly CBRL Group, Inc., is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept (Cracker Barrel). As of September 22, 2009, the Company operated 591 full-service restaurants and gift shops in 41 states. The Company’s stores are intended to appeal to both the traveler and the local customer. The format of its stores consists of a rustic, old country-store design with a separate retail area offering a variety of decorative and functional items featuring rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods, including various old fashioned candies and jellies.

BRIEF: For the fiscal year ending 31 July 2009, Cracker Barrel Old Country Store, Inc.'s revenues decreased 1% to $2.37B. Net income from cont. ops. increased 1% to $66M. Revenues reflect lower retail sales. Net income was offset by a decrease in cost of goods sold, a fall in other store operating expenses, reduced interest expenses due to lower average interest rates and lower general & administrative expenses due to lower manager trainee salaries.