CBRL - Guess What? - People are driving less!

05/24/08 06:49AM EDT
According to AAA, 37.9 million people will travel at least 50 miles from home from May 23rd through May 26th - The Memorial Day holiday, unofficially is the start of the U.S. summer driving season. While the traveler total is the second-highest ever, it's 1% fewer people than last year and is the first drop since 2002. The Sept. 11 attacks caused many people to drive more and not fly, helping CBRL's same-store sales trends.

Recent data points suggest that things are not so good for CBRL. What could be a sign of things to come for CBRL, the Federal Highway Administration said yesterday that U.S. motorists cut their driving by 4.3 percent in March.

The biggest monthly drop ever....
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