BJ's Restaurants, Inc. (BJRI) Misses Q2 EPS by 1c
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Price: $33.19 --0%
EPS Growth %: +13.3%
Financial Fact:
Labor and benefits: 82.03M
Today's EPS Names:
WF, CWBC, GLTO, More
EPS Growth %: +13.3%
Financial Fact:
Labor and benefits: 82.03M
Today's EPS Names:
WF, CWBC, GLTO, More
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BJ's Restaurants, Inc. (NASDAQ: BJRI) reported Q2 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $198.5 million versus the consensus estimate of $202.12 million.
"Our teams recognized the challenging top-line environment and did an excellent job of executing the business and taking care of our guests," commented Greg Trojan, President and Chief Executive Officer. "Our four-wall restaurant productivity, efficiency, expense management and guest service metrics were solidly delivered, despite the headwinds generated by the choppy sales environment. While we are pleased with our four-wall execution, driving sales remains our highest priority. We intend to pursue a more aggressive use of certain marketing levers to generate new traffic momentum, including additional television advertising in selected markets where we are more media efficient and loyalty program initiatives that have shown favorable top-line results in tests earlier this year. While we plan on being more aggressive in driving awareness of the BJ's brand, we will do so only in ways that protect its overall quality, differentiation and value for our guests as we continue executing our national expansion."
For earnings history and earnings-related data on BJ's Restaurants, Inc. (BJRI) click here.
"Our teams recognized the challenging top-line environment and did an excellent job of executing the business and taking care of our guests," commented Greg Trojan, President and Chief Executive Officer. "Our four-wall restaurant productivity, efficiency, expense management and guest service metrics were solidly delivered, despite the headwinds generated by the choppy sales environment. While we are pleased with our four-wall execution, driving sales remains our highest priority. We intend to pursue a more aggressive use of certain marketing levers to generate new traffic momentum, including additional television advertising in selected markets where we are more media efficient and loyalty program initiatives that have shown favorable top-line results in tests earlier this year. While we plan on being more aggressive in driving awareness of the BJ's brand, we will do so only in ways that protect its overall quality, differentiation and value for our guests as we continue executing our national expansion."
For earnings history and earnings-related data on BJ's Restaurants, Inc. (BJRI) click here.
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