CBRL — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-06-09

• The percentage change for the first nine months of 2026 as compared to the same period in the prior year resulted primarily from the following:

• The decrease in advertising expense as a percentage of total revenue for the third quarter of 2026 as compared to the same period in the prior year is due to the Company’s previously announced planned reduction in advertising spend for the second half of 2026.

• The decrease in supplies expense as a percentage of total revenue for the third quarter of 2026 as compared with the same period in the prior year resulted primarily from the Company’s cost savings programs.

• The increases in store occupancy costs as a percentage of total revenue for the third quarter and the first nine months of 2026 as compared to the same periods in the prior year resulted primarily from the decreases in total revenue and increases in maintenance expenses in the third quarter and firs…

• The increase in advertising expense as a percentage of total revenue for the first nine months of 2026 as compared to the same period in the prior year resulted primarily from higher media spending in the first nine months of 2026 as compared to the same period in the prior year.

Text removed vs the prior filing · source: 10-Q · 2026-03-04

• The increases in employee health care expense as a percentage of total revenue for the second quarter and first six months of 2026 as compared to the same periods in the prior year resulted primarily from unfavorable claim experience.

• The increases in payroll taxes as a percentage of total revenue for the second quarter and first six months of 2026 as compared to the same periods in the prior year resulted primarily from the deleverage associated with the decrease in total revenue in the second quarter and first six months of 202…

• The decreases in store bonus expense as a percentage of total revenue for the second quarter and first six months of 2026 as compared to the same periods in the prior year resulted from lower performance against financial objectives in 2026 as compared to the prior year.

• The increases in store occupancy costs as a percentage of total revenue for the second quarter and the first six months of 2026 as compared to the same periods in the prior year resulted primarily the decreases in total revenue and increases in maintenance expenses in the second quarter and first si…

• The increases in advertising expense as a percentage of total revenue for the second quarter and first six months of 2026 as compared to the same periods in the prior year resulted primarily from higher media spending and the decreases in total revenue in the second quarter and the first six months …

Text added vs the prior filing · source: 10-Q · 2026-06-09

• Interest Rate Risk. We have interest rate risk relative to our outstanding borrowings under our revolving credit facility. At May 01, 2026, no borrowings were outstanding under our 2025 Revolving Credit Facility (see Note 4 to the Condensed Consolidated Financial Statements). Accordingly, no interes…

• In accordance with the 2025 Revolving Credit Facility, outstanding borrowings bear interest, at our election, either at (1) the Term Secured Overnight Financing Rate (SOFR) or (2) a base rate equal to the greatest of (i) the prime rate, (ii) a rate that is 0.5% in excess of the Federal Funds Rate, a…

Text removed vs the prior filing · source: 10-Q · 2026-03-04

• Interest Rate Risk. We have interest rate risk relative to our outstanding borrowings under our revolving credit facility. At January 30, 2026, our outstanding borrowings totaled $45,500 under our 2025 Revolving Credit Facility (see Note 4 to the Condensed Consolidated Financial Statements). In acco…

• The impact of a one-percentage point increase or decrease in the $45,500 of our outstanding borrowings under our 2025 Revolving Credit Facility is approximately $460 on a pre-tax annualized basis.

Text removed vs the prior filing · source: 10-Q · 2026-03-04

• In March 2026, the Company expects to receive approximately $47,400, net of legal fees, pursuant to a settlement agreement resolving interchange fee litigation.