The company reported 'meaningful' traffic declines in the most recent quarter.
. The company is also planning the beta launch of a new loyalty program in July that it believes will drive more guest traffic.
"I'm excited about the program, which incorporates all of our channels, including retail and features fun gaming elements. We believe the loyalty program will drive higher frequency, increase brand loyalty, and customer lifetime value and provide robust actionable guest data," Cochran said. Overall, Cracker Barrel is confident that its performance will improve in the long run. The company reported a 7.4% increase in same-store sales in the quarter, which it said was driven by the higher prices, and a 5.4% increase in revenue compared to the prior year.
"Although we expect continued pressures and choppiness in the short term, we feel good about our positioning over the medium and longer term," Cochran said.Zoe Strozewski is a News Writer for Eat This, Not That! A Chicago native who now lives in New Jersey, she graduated from Kean University in 2020 with a bachelor’s degree in journalism.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Prince Harry blames press for losing Chelsy Davy’s love: ‘Prying eyes’The one who got away?
続きを読む »
Mariners beat Padres 4-1 to snap a 3-game losing streakLogan Gilbert pitched seven strong innings, Teoscar Hernández and Julio Rodriguez homered and the Seattle Mariners beat the San Diego Padres 4-1 on Tuesday night to snap a three-game losing streak. FOX13
続きを読む »
US at risk of losing AI edge to China, says Scale AI CEOThe CEO highlighted areas the U.S. could leverage to stay ahead of China and gain a data advantage in the coming years.
続きを読む »
Mariners beat Padres 4-1 to snap a 3-game losing streakThe Seattle Mariners beat the San Diego Padres 4-1 on Tuesday night to snap a three-game losing streak.
続きを読む »
Barcelona president bashes MLS after losing Lionel Messi sweepstakes to Inter MiamiFC Barcelona is not happy that it lost Lionel Messi to Major League Soccer.
続きを読む »