Cracker Barrel 2005 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2005 Cracker Barrel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

1
When you head out on a journey, it’s always
important to remember where you came from.
And to know where you’re going.
You do this by respecting traditions, listening carefully to the stories of the past as told
by family and friends, and staying true to your roots. From there, you can move
forward, venture into new places, meet new people, and try out new things to see
what fits. At CBRL Group, Inc. we find the same is true when it comes to our
two restaurant concepts, Cracker Barrel Old Country Store®and Logan’s Roadhouse®
,
at more than 670 locations around the country. Whether it’s in Nashville,
Tennessee or Kissimmee, Florida; McAllen, Texas or Lansing, Michigan.
Since 1969, Cracker Barrel has been welcoming guests with traditional meals in
a comfortable country restaurant combined with the opportunity to browse through
an authentic country store, all under one roof. But we’ve also introduced folks
to some new things along the way, and even created a few traditions of our own.
At Logan’s Roadhouse, we’ve taken the heritage of 1930s and 40s
roadside restaurants and created “The Real American RoadhouseSM
.” Today,
Logan’s is a place where you always feel free to be yourself, and
where we work hard to turn each and every guest into a life-long friend.
By keeping one eye on the past and the other on the future, we were able to
achieve double-digit percentage increases in diluted net income per share and to
increase operating income margins during fiscal 2005. Total revenue increased
7.8% for the year, and comparable restaurant sales were up for both Cracker Barrel
and Logan’s Roadhouse. As we move forward, we’ll continue to listen and
learn from the stories of our past, especially those told by our Cracker Barrel
and Logan’s families. Because when you have roots as deep as ours, it’s
easy to remember who you are. And to truly understand where you’re headed.