Cracker Barrel Old Country Store Inc (NAS:CBRL)
$ 56.41 -0.48 (-0.84%) Market Cap: 1.26 Bil Enterprise Value: 2.44 Bil PE Ratio: 31.17 PB Ratio: 2.85 GF Score: 75/100

Q2 2023 Cracker Barrel Old Country Store Inc Earnings Call Transcript

Feb 28, 2023 / 04:00PM GMT
Release Date Price: $108.96 (+1.09%)
Operator

Good day and welcome to the Cracker Barrel Fiscal 2023 Second Quarter Conference Call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Kaleb Johannes, Vice President, Investor Relations and Business Transformation. Please go ahead.

Kaleb Johannes

Thank you. Good morning, and welcome to Cracker Barrel's Second Quarter Fiscal 2023 Conference Call and Webcast.

This morning, we issued a press release announcing our second quarter results. In this press release and on the call, we'll refer to non-GAAP financial measures for the second quarter ended January 27, 2023. The non-GAAP financial measures are adjusted to exclude the non-cash amortization of the assets recognized from the gain on our sales and leaseback transactions and the related tax impacts.

The company believes that excluding these items from the financial results provides investors with an enhanced understanding of the company's financial performance. This information is not intended to be considered in isolation or

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