J. Alexanders Corp. (JAX) Tops Q1 EPS by 2c; Comps Fell 3%
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J. Alexanders Corp. (NYSE: JAX) reported Q1 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $56.9 million versus the consensus estimate of $56 million.
For the J. Alexander’s/Redlands Grill restaurants, average weekly same store sales per restaurant were $115,000, down 3.0% from $118,600 in the first quarter a year earlier. For the Stoney River Steakhouse and Grill restaurants, average weekly same store sales increased for the seventh consecutive quarter, rising by 0.7% to $75,100 from $74,600 in the first quarter of 2015.
For earnings history and earnings-related data on J. Alexanders Corp. (JAX) click here.
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