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Cracker Barrel Old Country Store, the Government of Wilson County and the Fiddlers Grove Foundation Announce New Plans for the Original Cracker Barrel

Cracker Barrel Old Country Store Logo
The government of Wilson County, the Fiddlers Grove Foundation and Cracker Barrel Old Country Store, Inc. today announced alternative plans for the original Cracker Barrel building that was recently saved from demolition and transported to Fiddlers Grove. The new plan came to life after the Cracker Barrel facilities team and Fiddlers Grove determined that recommissioning the building would be cost prohibitive and ultimately unsuccessful in light of its condition after decades of exposure to the elements.
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Cracker Barrel and Punch Bowl Social Enter into Strategic Relationship

Cracker Barrel Old Country Store Logo
Cracker Barrel Old Country Store, Inc. (“Cracker Barrel” or the “Company”) (Nasdaq: CBRL) and Denver-based Punch Bowl Social today announced they have entered into a strategic relationship, with Cracker Barrel taking a non-controlling position in the concept. Under the terms of the agreement, Cracker Barrel will invest up to approximately $140 million to acquire its initial non-controlling stake and to provide growth capital for future development, although a portion of this amount is anticipated to be offset by third-party financing, which Punch Bowl Social is presently arranging. The agreement includes provisions for the Company to potentially acquire a controlling or full ownership position in Punch Bowl Social in the future.
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Cracker Barrel Launches “Five Decades, One Voice” to Honor Women in Country Music in Celebration of Its 50th Anniversary

Five Decades, One Voice
As the brand nears its 50th anniversary in September, Cracker Barrel Old Country Store today announced the launch of “Five Decades, One Voice,” a program to celebrate iconic female country music artists and shine a spotlight on those following in their footsteps. With radio airtime for female country artists at an all-time low, Cracker Barrel is using its 50th anniversary as a moment to recognize women in country music and lend a voice to help elevate this group of inspirational artists.
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