J. Alexanders Corp. (JAX) Misses Q4 EPS by 1c

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J. Alexander’s Holdings, Inc. Reports Results For Fourth Quarter And Full Year Of 2016

March 2, 2017 4:11 PM EST

NASHVILLE, Tenn.--(BUSINESS WIRE)-- J. Alexanders Holdings, Inc. (NYSE: JAX) (the Company) today reported financial results for the fourth quarter and fiscal year ended January 1, 2017. Fiscal 2016 included 52 weeks as compared to 53 weeks in fiscal 2015 and the fourth quarter of fiscal 2016 included 13 weeks as compared to 14 weeks in the same quarter of fiscal 2015.

Fourth Quarter 2016 Highlights Compared To The Fourth Quarter Of 2015

Net sales amounted to $57,323,000, a decrease of 3.3% from $59,304,000 recorded in the fourth quarter a year ago. On a comparable 13 week basis, net sales in the fourth quarter of 2016 increased by an... More