Wedbush Cuts Price Target on Bj's Restaurants, Inc. (BJRI) to $34; Reiterates Neutral
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BJ’s Restaurants, Inc. Reports Fiscal 2016 Third Quarter Results
October 19, 2016 4:02 PM EDTHUNTINGTON BEACH, Calif., Oct. 19, 2016 (GLOBE NEWSWIRE) -- BJs Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for its fiscal 2016 third quarter ended Tuesday, September 27, 2016.Â
Third Quarter 2016 Highlights Compared to Third Quarter 2015
Total revenues grew 1.9% to $233.7 millionTotal restaurant operating weeks increased approximately 7%Comparable restaurant sales declined 3.4%Net income and diluted net income per share were $7.2 million and $0.30, respectivelyIndustry-wide third quarter comparable restaurant sales were soft as businesses dependent on consumer discretionary spending were... More
BJ’s Restaurants Opens in Wesley Chapel, Florida and Teterboro, New Jersey
October 18, 2016 8:30 PM EDTHUNTINGTON BEACH, Calif., Oct. 18, 2016 (GLOBE NEWSWIRE) -- BJs Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its two newest restaurants in Wesley Chapel, Florida and Teterboro, New Jersey. Both restaurants opened on Monday, October 17, 2016. The Wesley Chapel restaurant is located at the Tampa Premium Outlets off State Road 56, and the Teterboro restaurant is located at Teterboro Landing Shopping Center. Each restaurant is approximately 7,300 square feet, seats approximately 225 guests and features BJs extensive menu, including BJs signature deep-dish pizza, award-winning handcrafted beer and famous Pizookie® dessert. BJs unique, contemporary... More
