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BJ's reports 4-percent dip in 2Q net income

BJ's reports 4-percent dip in 2Q net income

BJ’s Restaurants Inc. reported on Wednesday a 4-percent decline in second-quarter net income, including a pre-tax charge of about $0.3 million, or 1 cent per share, related to the closure and relocation of some small-format restaurants to bigger units. During the July 2-ended quarter, the Huntington Beach, Calif.-based company opened four new restaurants and is on track to reach its goal of opening 17 units during fiscal 2013.
 

NET INCOME

Result: $8.6 million, or 30 cents per share
% Decrease: 4% (from $8.97 million, or 31 cents per share)

REVENUE

Result: $198.5 million
% Increase: 10% (from $180.7 million)

SAME-STORE SALES

— — Flat

Source: Company report



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• More restaurant industry finance news

Contact Lisa Jennings at [email protected].
Follow her on Twitter: @livetodineout

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