November 14, 2013
Cracker Barrel Old Country Store, Inc. is disappointed in the decision of the Seventh Circuit Court of Appeals which affirmed the preliminary injunction issued by the U.S. District Court in the matter of Kraft Foods Group Brands LLC v. Cracker Barrel Old Country Store, Inc. et al., 1:13-cv00780. However the company is pleased that the Seventh Circuit’s ruling clearly supports sales of its retail food products through Cracker Barrel Old Country Store® restaurants, mail order and the internet.
We are also very excited about the sale of CB Old Country Store™ licensed products through the licensing agreement with John Morrell Food Group, a subsidiary of Smithfield Foods. The successful launch of these products in multiple grocery store locations occurred in early October and continues to support an important component of the Cracker Barrel Old Country Store, Inc. strategic plan.