Cracker Barrel Old Country Store Inc Q4 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Jake Rowland Bartlett - Truist Securities, Inc., Research Division - Analyst : My first question -- I have a couple here. The first question is just, Sandy, on the alcohol test, if you could give us any color what you're seeing at the stores that you've had in test for a while now who we're trying to kind of assess what the longer-term impact might be to the model? And then you mentioned that you expect it to be completely rolled out by the end of the fiscal year. What should we expect for the cadence of that? I mean, should we -- is it going to be a gradual rollout or really kind of more lumpy?

Question: Jake Rowland Bartlett - Truist Securities, Inc., Research Division - Analyst : Great. And then in terms of the POS rollout and the ultimate savings that you can achieve from that, I believe that, that was all part of the kind of the 2015 through '18 or '17 plan or maybe was later. The last kind of 3-year target that you had a $40 million. I think a large portion, or I believe, the large portion was from the POS rollout. So if you can just remind us what kind of savings, and I think a big chunk was going to be software that was going to be layered on through labor and then a big chunk was going to be from software that was going to be layered on for food costs? But just remind us what kind of savings you can ultimately get once that POS system is rolled out?