Bj's Restaurants, Inc. (BJRI) Tops Q2 EPS by 57c

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BJ’s Restaurants, Inc. Reports Fiscal 2020 Second Quarter Results and Provides Business Update

July 23, 2020 4:03 PM EDT

HUNTINGTON BEACH, Calif., July 23, 2020 (GLOBE NEWSWIRE) -- BJs Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for its 2020 second quarter ended June 30, 2020 and provided a business update given the continued impact of the COVID-19 pandemic.

Second Quarter 2020 Highlights Compared to Second Quarter 2019

Total revenues decreased 57.5% to $128.0 millionTotal restaurant operating weeks increased approximately 1.3%Comparable restaurant sales declined 57.2%Net loss of $29.0 million compared to net income of $14.2 million Second quarter 2020 was impacted by a pretax impairment charge of $9.7... More