Cracker Barrel Proxy Statement Filed
Ticker: CBRL · Form: DEFA14A · Filed: Oct 29, 2024 · CIK: 1067294
Sentiment: neutral
Topics: proxy-statement, governance, shareholder-meeting
Related Tickers: CBRL
TL;DR
CBRL proxy statement is out, shareholders vote soon.
AI Summary
Cracker Barrel Old Country Store, Inc. filed a Definitive Proxy Statement (DEFA14A) on October 29, 2024. This filing is a standard proxy statement used to solicit votes from shareholders for an upcoming meeting. It contains information about the company's governance, executive compensation, and proposals to be voted on by shareholders.
Why It Matters
This filing provides shareholders with crucial information needed to make informed voting decisions on company matters, impacting corporate governance and executive compensation.
Risk Assessment
Risk Level: low — This is a routine proxy filing, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- CRACKER BARREL OLD COUNTRY STORE, INC (company) — Registrant
- 0001104659-24-112255 (filing_id) — Accession Number
- 20241029 (date) — Filing Date
- LEBANON, TN (location) — Company Headquarters
FAQ
What is the purpose of a DEFA14A filing?
A DEFA14A filing, or Definitive Proxy Statement, is used by a company to solicit votes from its shareholders for an upcoming shareholder meeting, providing details on matters to be voted upon.
When was this specific DEFA14A filing made by Cracker Barrel?
This specific DEFA14A filing by Cracker Barrel Old Country Store, Inc. was made on October 29, 2024.
What type of information is typically found in a DEFA14A filing?
A DEFA14A filing typically includes information about the company's board of directors, executive compensation, corporate governance practices, and any proposals that shareholders will vote on.
What is the SIC code for Cracker Barrel Old Country Store, Inc. as listed in the filing?
The Standard Industrial Classification (SIC) code for Cracker Barrel Old Country Store, Inc. listed in the filing is 5812, which corresponds to RETAIL-EATING PLACES.
Does this filing indicate any preliminary information or is it definitive?
The filing is a 'Definitive Proxy Statement' (DEFA14A), meaning it is the final version provided to shareholders and is not preliminary.
Filing Stats: 4,374 words · 17 min read · ~15 pages · Grade level 17.6 · Accepted 2024-10-29 16:30:42
Key Financial Figures
- $676M — REL 44 STATES 658 CRACKER BARREL STORES $676M RETAIL BUSINESS 20% OFF-PREMISE CHANNEL
- $5.2M — S 20% OFF-PREMISE CHANNEL SALES FY 2024 $5.2M AVERAGE STORE VOLUME $3.4B REVENUE $41M
- $3.4B — ALES FY 2024 $5.2M AVERAGE STORE VOLUME $3.4B REVENUE $41M NET INCOME $212M ADJUSTED
- $41M — 5.2M AVERAGE STORE VOLUME $3.4B REVENUE $41M NET INCOME $212M ADJUSTED EBITDA1 Sourc
- $212M — RE VOLUME $3.4B REVENUE $41M NET INCOME $212M ADJUSTED EBITDA1 Source: Public filings
- $14.58 — LUMES Cracker Barrel average check size $14.58 vs. Casual Dining at $25.981 A BELOVED
- $25.981 — check size $14.58 vs. Casual Dining at $25.981 A BELOVED BRAND with 55 years of histor
- $3.47B — CIAL TARGETS 19 FY 2024 FY 2025 FY 2027 $3.47B $3.80B – $3.90B $3.40B –
- $3.80B — RGETS 19 FY 2024 FY 2025 FY 2027 $3.47B $3.80B – $3.90B $3.40B – $3.50B
- $3.90B — FY 2025 FY 2027 $3.47B $3.80B – $3.90B $3.40B – $3.50B FY 2024 FY 2024
- $3.40B — 5 FY 2027 $3.47B $3.80B – $3.90B $3.40B – $3.50B FY 2024 FY 2024 FY 2025
- $3.50B — $3.80B – $3.90B $3.40B – $3.50B FY 2024 FY 2024 FY 2025 FY 2027 $211.62
- $211.62M — $3.50B FY 2024 FY 2024 FY 2025 FY 2027 $211.62M $375M - $425M2 $200M - $215M2 $40.90M F
- $375M — Y 2024 FY 2024 FY 2025 FY 2027 $211.62M $375M - $425M2 $200M - $215M2 $40.90M FY 2027
- $425 — Y 2024 FY 2025 FY 2027 $211.62M $375M - $425M2 $200M - $215M2 $40.90M FY 2027 TARGET
Filing Documents
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- 0001104659-24-112255.txt ( ) — 24996KB
FORWARD LOOKING STATEMENTS
FORWARD LOOKING STATEMENTS
Forward-Looking Statements
Forward-Looking Statements Except for specific historical information, certain of the matters discussed in this presentation may express or imply projections of items such as revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance. These and similar statements regarding events or results that Cracker Barrel Old Country Store, Inc. (“Cracker Barrel” or the “Company”) expects will or may occur in the future are forward-looking statements concerning matters that involve risks, uncertainties and other factors which may cause the actual results and performance of the Company to differ materially from those expressed or implied by such forward-looking Act of 1995 and should be evaluated in the context of these risks, uncertainties and other factors. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "trends," "assumptions," "target," "guidance," "outlook," "opportunity," "future," "plans," "goals," "objectives," "expectations," "near-term," "long-term," "projection," "may," "will," "would," "could," "expect," "intend," "estimate," "anticipate," "believe," "potential," "regular," "should," "projects," "forecasts," or "continue" (or the negative or other derivatives of each of these terms) or similar terminology. The Company believes that the assumptions underlying any forward-looking statements are reasonable; however, any of the assumptions could be inaccurate, and therefore, actual results may differ materially from those projected in or implied by the forward-looking statements. In addition to the risks of ordinary business operations, factors and risks that may result in actual results differing from this forward-looking information include, but are not limited to risks and unce