LEBANON, Tenn., Dec. 9, 2025 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the first quarter of fiscal 2026 ended October 31, 2025. Cracker Barrel President and Chief Executive Officer Julie Masino said, "First quarter results were below our expectations amid unique and ongoing headwinds. We have adjusted our operational initiatives, menu, and marketing to ensure we are consistently delivering delicious food ...

Core Points - Cracker Barrel's shareholders voted to elect 9 out of 10 nominees to the Board of Directors during the 2025 Annual Meeting, including CEO Julie Masino [1][3] - The preliminary voting results showed strong support for all proposals, including amendments to the bylaws and executive compensation plans [2][3] - The Board expressed gratitude for shareholder trust and emphasized their commitment to enhancing value and returning the company to growth [5][4] Board Composition - The Board has reduced its size from 10 to 9 directors following the resignation of independent director Gilbert Dávila [1][4] - The elected directors include independent members Carl Berquist, Jody Bilney, Stephen Bramlage, John Garratt, Michael Goodwin, Cheryl Henry, Gisel Ruiz, and Darryl "Chip" Wade [1] Shareholder Engagement - The Board acknowledged the support for bylaw amendments made in response to shareholder feedback from a previous proxy contest with Biglari Capital [4] - The amendments are designed to preserve shareholders' rights to nominate and vote for directors while protecting against proxy system abuses [4] Company Vision - Cracker Barrel aims to maintain its heritage of family-oriented hospitality and high-quality food while focusing on growth and shareholder value [5] - The company operates approximately 660 locations across 43 states and owns the fast-casual Maple Street Biscuit Company [10]

Core Viewpoint - Cracker Barrel Old Country Store, Inc. has elected Steve Bramlage to its Board of Directors, enhancing its leadership with significant retail and financial expertise [1][3]. Company Overview - Cracker Barrel Old Country Store, Inc. operates 660 company-owned locations across 43 states and owns the fast-casual Maple Street Biscuit Company, focusing on providing homestyle food and unique retail products [4]. Leadership Background - Steve Bramlage, the new Board member, is currently the CFO of Casey's General Stores, overseeing financial operations and strategic planning since joining in 2020. He has prior experience as CFO at Aramark and Owens-Illinois, and has held various financial roles at PPG Industries, Eli-Lilly, and EY [2]. Board's Strategic Vision - The Chairman of Cracker Barrel's Board expressed confidence in Bramlage's ability to contribute to the company's strategic transformation and deliver value to shareholders, highlighting the importance of retail industry knowledge and executive leadership experience [3].

Company Expansion - Cracker Barrel has opened its fifth restaurant in Colorado, enhancing its presence in the state and creating over 150 full- and part-time jobs for the local economy [1] - The new location aims to provide a "home-away-from-home" experience for guests in Denver's Central Park neighborhood [2] Community Commitment - To support the local community, Cracker Barrel is donating $30,000 to Food Bank of the Rockies, which will help provide 90,000 meals to those in need [2][3] - The Cracker Barrel Food for Families initiative focuses on addressing food insecurity, supporting community needs, and reducing food waste [5] Operational Details - The new store will operate Sunday through Thursday from 7 a.m. to 10 p.m., and Friday and Saturday from 7 a.m. to 11 p.m. [3] - Customers can utilize in-store pickup, curbside pickup, and delivery options through the Cracker Barrel mobile app or website [3] Company Overview - Cracker Barrel Old Country Store, Inc. operates 660 locations across 43 states and is known for its homestyle food and unique retail products [6] - The company has been committed to community support for over 20 years, partnering with various organizations to combat food insecurity [5]