J. Alexanders Corp. (JAX) Tops Q3 EPS by 2c

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Go back to J. Alexanders Corp. (JAX) Tops Q3 EPS by 2c

J. Alexander’s Holdings, Inc. Reports Results for Third Quarter and First Nine Months of 2016

November 4, 2016 4:08 PM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- J. Alexanders Holdings, Inc. (NYSE: JAX) (the Company) today reported financial results for the third quarter and nine months ended October 2, 2016.

Third Quarter 2016 Highlights Compared To The Third Quarter Of 2015

Net sales increased $2,124,000, or 4.3%, to $51,459,000 from $49,335,000 in the third quarter a year ago.

For the J. Alexanders/Redlands Grill restaurants, average weekly same store sales per restaurant(1) were $104,200, an increase of 1.4% from $102,800 recorded in the third quarter of 2015, and for the Stoney River Steakhouse and Grill restaurants, average weekly same store sales per restaurant increased to... More