Q3 2023 Cracker Barrel Old Country Store Inc Earnings Call Transcript

Jun 06, 2023 / 03:00PM GMT
Operator

Good morning and welcome to the Cracker Barrel Third Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Kaleb Johannes, Vice President of Investor Relations. Please go ahead.

Kaleb Johannes -

Thank you. Good morning, and welcome to Cracker Barrel's Third Quarter Fiscal 2023 Conference Call and Webcast. This morning, we issued a press release announcing our third quarter results. In the press release and on the call, we'll refer to non-GAAP financial measures for the third quarter ended April 28, 2023. The non-GAAP financial measures are adjusted to exclude impairment charges, store closure costs and other noncash amortization, the asset recognized from the gains from our sale and leaseback transaction and related tax implications.

The company believes that excluding these items from its financial results provides investors with an enhanced understanding of the company's financial performance. This information is not intended to be considered in

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