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    Alton Stump • Loop Capital Markets

    Alton Stump's questions to Cracker Barrel Old Country Store Inc (CBRL) leadership

    Alton Stump's questions to Cracker Barrel Old Country Store Inc (CBRL) leadership • Q2 2025

    Question

    Alton Stump asked about the opportunity to improve breakfast and lunch dayparts, similar to the recent success at dinner, and also inquired about the company's remaining pricing power given its strong value proposition.

    Answer

    CEO Julie Masino confirmed they remain focused on all dayparts, noting traffic improved across breakfast, lunch, and dinner in Q2 versus Q1, and highlighted new pancake innovations to bolster breakfast. Regarding pricing, she stated that while they believe there is room, they are cautious and focused on delivering value through multiple avenues like specials, loyalty, and a significant average check advantage over competitors.

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    Alton Stump's questions to Jack in the Box Inc (JACK) leadership

    Alton Stump's questions to Jack in the Box Inc (JACK) leadership • Q4 2024

    Question

    Alton Stump asked if the challenging macroeconomic environment has dampened franchisee appetite for developing new Jack in the Box locations.

    Answer

    CEO Darin Harris stated that franchisee interest remains robust, evidenced by a record number of development agreements and new franchisees joining the system. He pointed to a strong development pipeline with 18 units under construction and 54 in permitting, and highlighted the strong AUVs of new restaurants in markets like Salt Lake City and Louisville as proof of the concept's appeal.

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