J. Alexanders Corp. (JAX) Tops Q1 EPS by 2c; Comps Fell 3%

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J. Alexander’s Holdings, Inc. Reports Results for First Quarter of 2016

May 3, 2016 4:14 PM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- J. Alexanders Holdings, Inc. (NYSE: JAX) (the Company), today reported financial results for the 13 weeks of the first quarter ended April 3, 2016.

First Quarter 2016 Highlights Compared To The First Quarter Of 2015

Net sales increased 1.2% to $56,879,000 in the most recent quarter from $56,184,000 in the first quarter of 2015. Factors which impacted sales during the comparable quarters included the following: The New Years Eve week, traditionally one of the Companys strongest sales weeks, occurred twice during fiscal 2015 and this... More