Declares Quarterly Dividend of $1.20 per share
PR Newswire
LEBANON, Tenn., Sept. 29, 2017
LEBANON, Tenn., Sept. 29, 2017 /PRNewswire/ -- Cracker
Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (NASDAQ: CBRL) today announced that its Board of Directors has
declared a regular quarterly dividend to common shareholders of $1.20 per share, payable on
November 6, 2017, to shareholders of record on October 13,
2017. The Board also authorized new share repurchases for up to $25 million of the Company's
outstanding common stock. The share repurchase authorization is effective immediately and replaces the prior authorization.
About Cracker Barrel Old Country Store, Inc.
Cracker Barrel Old Country
Store, Inc. provides a friendly home-away-from-home in its old country stores and restaurants. Guests are cared for like family
while relaxing and enjoying real home-style food and shopping that's surprisingly unique, genuinely fun and reminiscent of
America's country heritage…all at a fair price.
Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) was established in 1969 in Lebanon,
Tenn. and operates 645 company-owned Cracker Barrel locations and 6 company-owned Holler & Dash Biscuit House
locations across 44 states.
CBRL – F
Investor Contact:
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Jessica Hazel
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(615) 235-4367
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Media Contact:
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Janella Escobar
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(615) 235-4618
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SOURCE Cracker Barrel Old Country Store, Inc.