A Heard on the Call report following 2Q earnings
Continuing its segment-leading momentum, BJ’s Restaurants Inc. is planning to modestly ramp up growth across the country as it attempts to capture a larger market share of the casual-dining sector. Like most restaurant companies, however, BJ’s is scheduled to increase menu pricing cumulatively about 3 percent for the year to protect margins in light of rising food costs. In a call to analysts on Thursday following the report of second quarter results, BJ’s said food costs ...
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