Content Spotlight
Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Cracker Barrel Old Country Store reported a challenging second quarter as COVID-19 spikes caused more closures and restrictions around the holidays
Joanna Fantozzi
Cracker Barrel Old Country Store, Inc. reported a same-store sales decrease of 21.9% for the second quarter ended Jan. 29, though off-premise sales grew 78% and now encompass nearly a third of total sales, the company said in an earnings call Tuesday. While the Lebanon, Tenn.-based family-dining chain expects to see modest improvements in the first quarter of 2021, the second quarter was challenged by increased COVID-related dining room closures and restrictions as cases spiked again around the country and travel again significantly decreased.
Cracker Barrel CEO Sandra Cochran also said that the company was continuing to invest in their first ghost kitchen in Indianapolis, which they first reported on in fall 2020. While th...
This content is available for registered users
Already have an account?