CB乡村店 2025年季度报告

FORM10-Q (Mark One)☒Quarterly Report Pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934For the Quarterly Period Ended October 31, 2025 OR ☐Transition report pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934For the transition period fromto Cracker Barrel Old Country Store,Inc.(Exact name of registrant as specified in its charter) Securities registered pursuant to Section12(b)of the Act: Title of each classCommon Stock (Par Value $0.01)Rights to Purchase Series A Junior ParticipatingPreferred Stock (Par Value $0.01) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of theSecurities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant wasrequired to file such reports) and (2)has been subject to such filing requirements for the past 90days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for suchshorter period that the registrant was required to submit such files). Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section13(a)of theExchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☑ Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latestpracticable date. 22,328,095 Shares of Common StockOutstanding as of November 28, 2025 CRACKER BARREL OLD COUNTRY STORE,INC. INDEX PagePARTI. FINANCIAL INFORMATIONITEM1. Financial Statements (Unaudited)Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Income (Loss)4Condensed Consolidated Statements of Changes in Shareholders’ Equity5Condensed Consolidated Statements of Cash Flows6Notesto Condensed Consolidated Financial Statements7ITEM2. Management’s Discussion and Analysis of Financial Condition andResults of Operations20ITEM3. Quantitative and Qualitative Disclosures About Market Risk33ITEM4. Controls and Procedures33PARTII. OTHER INFORMATIONITEM1A. Risk Factors33ITEM5. Other Information34ITEM6. Exhibits34SIGNATURES35 CRACKER BARREL OLD COUNTRY STORE,INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except share data)(Unaudited) October 31,August 01,20252025*ASSETSCurrent Assets:Cash and cash equivalents$8,937$39,643Accounts receivable31,33135,070Income taxes receivable8,34812,820Inventories209,148180,585Prepaid expenses and other current assets47,82144,994Total current assets305,585313,112Property and equipment2,538,4102,520,468Less: Accumulated depreciation and amortization1,570,2311,553,492Property and equipment – net968,179966,976Operating lease right-of-use assets, net799,892806,084Intangible assets24,33124,350Other assets53,38751,362Total assets$2,151,374$2,161,884 LIABILITIES AND SHAREHOLDERS’ EQUITYCurrent Liabilities: *This Condensed Consolidated Balance Sheet has been derived from the audited Consolidated BalanceSheet as of August 01, 2025, as filed with the Securities and Exchange Commission in the Company’sAnnual Report on Form10-K for the fiscalyear ended August 01, 2025. CRACKER BARREL OLD COUNTRY STORE,INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)(In thousands, except share data)(Unaudited) See Notesto unaudited Condensed Consolidated Financial Statements. CRACKER BARREL OLD COUNTRY STORE,INC.CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY(Unaudited and in thousands, except share data) CRACKER BARREL OLD COUNTRY STORE,INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited and in thousands) See Notesto unaudited Condensed Consolidated Financial Statements. CRACKER BARREL OLD COUNTRY STORE,INC.NOTESTO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In thousands, exceptpercentages, share and per share data)(Unaudited) 1.Condensed Consolidated Financial Statements Cracker Barrel Old Country Store,Inc. and its affiliates (collectively, in these NotestoCondensed Consolidated Financial Statements, the “Company”) are principally engaged in theoperation and development of the Cracker Barrel Old Country Store® (“Cracker Barrel”) conceptin the United States. The accompanying condensed consolidated fi