Cracker Barrel Old Country Store Inc (NAS:CBRL)
$ 53.79 -4.06 (-7.02%) Market Cap: 1.20 Bil Enterprise Value: 2.47 Bil PE Ratio: 29.82 PB Ratio: 2.72 GF Score: 76/100
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Q1 2024 Cracker Barrel Old Country Store Inc Earnings Call Transcript

Nov 30, 2023 / 04:00PM GMT
Release Date Price: $67.13 (-10.62%)
Operator

Good day and welcome to the Cracker Barrel fiscal 2024 first 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. Please go ahead.

Kaleb Johannes
Cracker Barrel Old Country Store, Inc. - VP, IR & Business Transformation

Thank you. Good morning and welcome to Cracker Barrel's first-quarter fiscal 2024 conference call and webcast. This morning, we issued a press release announcing our first-quarter results. In this press release and on the call, we will refer to non-GAAP financial measures for the first quarter ended October 27, 2023.

The non-GAAP financial measures are adjusted to exclude the non-cash amortization of the asset 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 and a corporate restructuring charge and the related tax impacts.

The company believes that

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