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Q4 2020 Cracker Barrel Old Country Store Inc Earnings Call Transcript
Good morning, and welcome to the Cracker Barrel's Fiscal 2020 Fourth Quarter Earnings Call. (Operator Instructions) I would now like to turn the conference over to Adam Hanan, Manager of Investor Relations. Please go ahead.
Good morning, and welcome to Cracker Barrel's Fourth Quarter Fiscal 2020 Conference Call and Webcast. This morning, we issued a press release announcing our fourth quarter and full year results. In this press release and on this call, we will refer to non-GAAP financial measures for the fourth quarter and 12 months ended July 31, 2020. The fourth quarter non-GAAP financial measures are adjusted to exclude the fees related to 2 sale-leaseback transactions, the noncash gain on sale of assets related to the sale-leaseback transactions that occurred during the fourth quarter, noncash impairment charges related to store assets and the related tax impacts. The full fiscal year non-GAAP financial measures are adjusted for the items listed above as well as expenses related to COVID-19
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