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Cracker Barrel ekes out a comp gain for Feb.

LEBANON Tenn. CBRL Group Inc. said Tuesday that same-store restaurant sales at its Cracker Barrel Old Country Store family-dining chain increased 0.9 percent for the four weeks ended Feb. 29, versus the same period a year ago.

Much like the prevailing trend across most of the industry, the same-store sales gain was driven by menu price increases instead of growth in guest traffic. CBRL reported that average checks rose about 3.1 percent for the February period, aided by average menu price increases of about 3.2 percent. The numbers indicate that guest traffic was down 2.2 percent for the month, which one analyst noted was a deceleration from January, when year-to-year traffic was down 1.3 percent.

Same-store retail sales at Cracker Barrel increased 1.2 percent, the company also reported.

CBRL operates 572 Cracker Barrel Old Country Store restaurants and gift shops.

TAGS: Finance News
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