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
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Q4 2023 Cracker Barrel Old Country Store Inc Earnings Call Transcript

Sep 13, 2023 / 03:00PM GMT
Release Date Price: $71.93 (-3.03%)
Operator

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

I would now like to turn the conference over to Kaleb Johannes. Please go ahead.

Kaleb Johannes

Thank you. Good morning, and welcome to Cracker Barrel's Fourth Quarter Fiscal 2023 Conference Call and Webcast. This morning, we issued a press release announcing the fourth quarter results.

In the press release and on the call, we will refer to non-GAAP financial measures for the fourth quarter ended July 28, 2023, as well as our expectations for the first quarter. The non-GAAP financial measures are adjusted to exclude the expected noncash amortization of the assets recognized from the gains on the sale and leaseback transactions, certain expenses related to our CEO transition and a corporate restructuring charge.

The company believes that excluding these items from its financial results provides investors with an enhanced understanding of the company's financial performance. This

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