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 2024 Cracker Barrel Old Country Store Inc Earnings Call Transcript

Feb 27, 2024 / 04:00PM GMT
Release Date Price: $70.1 (-3.07%)
Operator

Good day and welcome to the Cracker Barrel fiscal 2024 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
Cracker Barrel Old Country Store, Inc. - VP, IR

Thank you. Good morning, and welcome to Cracker Barrel's second-quarter fiscal 2024 conference call and webcast. This morning, we issued a press release announcing our second quarter results. In the press release and on the call, we'll refer to non-GAAP financial measures for the second quarter ended January 26, 2024.

The non-GAAP financial measures are adjusted to exclude the non-cash amortization of the assets recognized from the gains on the sale and leaseback transactions, expenses related to the company's CEO transition, expenses associated with the strategic transformation initiative, a corporate restructuring charge and an employee benefits policy change and related tax impact.

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