Cracker Barrel Files Definitive Proxy Statement
Ticker: CBRL · Form: DEFA14A · Filed: Nov 15, 2024 · CIK: 1067294
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, governance
TL;DR
CRACKER BARREL FILED ITS PROXY STATEMENT - GET READY TO VOTE.
AI Summary
Cracker Barrel Old Country Store, Inc. filed a Definitive Proxy Statement (DEFA14A) on November 15, 2024. This filing is related to the company's proxy materials, which are typically used for shareholder meetings to vote on corporate matters. The filing does not contain specific financial details or proposals but serves as the official document for shareholders regarding the company's governance.
Why It Matters
This filing is a standard regulatory requirement for public companies, informing shareholders about upcoming votes and company governance, which is crucial for investor participation.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not contain new financial information or significant corporate actions that would immediately impact stock price.
Key Players & Entities
- CRACKER BARREL OLD COUNTRY STORE, INC (company) — Registrant
- 0001104659-24-119733 (filing_id) — Accession Number
- 20241115 (date) — Filing Date
FAQ
What type of filing is this DEFA14A for Cracker Barrel?
This is a Definitive Proxy Statement filed by Cracker Barrel Old Country Store, Inc. on November 15, 2024.
What is the purpose of a DEFA14A filing?
A DEFA14A filing is a proxy statement used to solicit shareholder votes on corporate matters, such as director elections or other proposals, and is a standard regulatory requirement.
Who is the filer of this document?
The filer is CRACKER BARREL OLD COUNTRY STORE, INC, with Central Index Key 0001067294.
When was this filing submitted to the SEC?
The filing was submitted on November 15, 2024.
Does this filing contain specific financial proposals or results?
Based on the provided text, this filing is a general proxy statement and does not appear to contain specific financial proposals or results; it is a procedural document for shareholder voting.
Filing Stats: 3,891 words · 16 min read · ~13 pages · Grade level 17 · Accepted 2024-11-15 16:30:16
Key Financial Figures
- $845.1 million — revenue is expected to be approximately $845.1 million. Compared to the prior year first quart
- $0 — share are expected to be approximately $0.22, and adjusted 1 earnings per dilute
- $0.45 — share are expected to be approximately $0.45. · GAAP net income for the fir
- $4.8 million — quarter is expected to be approximately $4.8 million. Adjusted EBITDA 1 is expected to be ap
- $45.8 m — BITDA 1 is expected to be approximately $45.8 million, a 4.3% increase compared to the
- $43.9 m — prior year quarter adjusted EBITDA 1 of $43.9 million, or 5.3% of total revenue. Comm
- $3.4 billion — fiscal 2025: · Total revenue of $3.4 billion to $3.5 billion · Two new Crac
- $3.5 billion — iddot; Total revenue of $3.4 billion to $3.5 billion · Two new Cracker Barrel store
- $200 million — or year · Adjusted EBITDA 1 of $200 million to $215 million 2 · Capital ex
- $215 million — t; Adjusted EBITDA 1 of $200 million to $215 million 2 · Capital expenditures of $1
- $160 million — on 2 · Capital expenditures of $160 million to $180 million The Company reminds i
- $180 million — Capital expenditures of $160 million to $180 million The Company reminds investors that it
Filing Documents
- tm2423783d18_defa14a.htm (DEFA14A) — 101KB
- tm2423783d18_defa14aimg02.jpg (GRAPHIC) — 8KB
- tm2423783d18_defa14aimg03.jpg (GRAPHIC) — 23KB
- tm2423783d18_defa14aimg01.jpg (GRAPHIC) — 38KB
- 0001104659-24-119733.txt ( ) — 199KB
Forward-Looking Statements
Forward-Looking Statements Except for specific historical information, certain of the matters discussed in this filing 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 statements. All forward-looking information is provided pursuant to the safe harbor established under the Private Securities Litigation Reform 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