Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend

02/29/2016

Declares Quarterly Dividend of $1.10 per share

Cracker Barrel Old Country Store, Inc. (“Cracker Barrel” or the “Company”) (NASDAQ: CBRL) today announced that its Board of Directors has declared a regular quarterly dividend to common shareholders of $1.10 per share, payable on May 5, 2016, to shareholders of record on April 15, 2016.

About Cracker Barrel Old Country Store, Inc.
Cracker Barrel Old Country Store, Inc. provides a friendly home-away-from-home in its old country stores and restaurants. Guests are cared for like family while relaxing and enjoying real home-style food and shopping that’s surprisingly unique, genuinely fun and reminiscent of America’s country heritage…all at a fair price.

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) was established in 1969 in Lebanon, Tenn. and operates 635 company-owned locations in 42 states. Nation’s Restaurant News’ 2015 Consumer Picks survey named Cracker Barrel Old Country Store® the winner in two Family-Dining Restaurants categories – Menu Variety and Atmosphere. For more information about the company, visit crackerbarrel.com.

Contacts
Cracker Barrel Old Country Store, Inc.

Investors:
Lawrence E. Hyatt, 615-235-4432

or

Media:
Janella Escobar, 615-235-4618