BJ's Restaurants, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 04, 2023
July 27, 2023 at 04:03 pm EDT
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BJ's Restaurants, Inc. reported earnings results for the second quarter and six months ended July 04, 2023. For the second quarter, the company reported sales was USD 349.67 million compared to USD 329.7 million a year ago. Net income was USD 11.93 million compared to USD 0.297 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.01 a year ago.
For the six months, sales was USD 690.95 million compared to USD 628.43 million a year ago. Net income was USD 15.41 million compared to USD 1.76 million a year ago. Basic earnings per share from continuing operations was USD 0.66 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to USD 0.07 a year ago.
BJ's Restaurants, Inc. is a casual dining restaurant. The Companyâs restaurants feature a menu with approximately 100 menu items designed to offer various items, including slow roasted entrees, such as prime rib, EnLIGHTened Entrees, such as Cherry Chipotle Glazed Salmon, original signature deep-dish pizza, the Pizookie dessert and BJs craft beers. Its craft beer is produced at five in-house brewing facilities and by independent third-party brewers using its recipes. The Company is a national restaurant chain, which owns and operates approximately 200 casual dining restaurants located in 30 states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia and Washington.