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’s Q1 same-store sales improved to negative 16.4% from last quarter, driven by dining-room capacity, new menu items, and the growth of off-premise
Joanna Fantozzi
Cracker Barrel Old Country Store, Inc.’s Q1 2021 same-store sales growth is still negative at -16.4%, but the Lebanon, Tenn.-based family-dining chain is seeing marked improvement from last quarter’s -39.2%, driven by the success of their off-premise options and new menu items, as well as increased dining room capacity, the company said in a quarterly earnings call Thursday.
The demand for off-premise options — including third-party delivery, takeout and curbside pickup — “remains strong,” Cracker Barrel CEO Sandra Cochran said in Thursday’s earnings call, as same-store sales off-premise growth increased 122% for the first quarter ended Oct. 30, compared to the same quarter last year, and off-premise now represents about 25...
This content is available for registered users
Already have an account?