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BJ’s Restaurants reports Q3 adjusted EPS 4c, consensus 3c

Reports Q3 revenue $330.2M, consensus $334.21M. Q3 comparable restaurant sales increased 0.5%. “We are pleased to report our 5th consecutive quarter of sales and traffic growth, along with our 4th consecutive quarter of profit expansion,” commented Lyle Tick, CEO. “In the third quarter, we continued to lay the foundations of a stronger and more consistent BJ’s by further embedding our Pizookie Meal Deal value platform, leveraging the social power of seasonal Pizookies and continuing our journey to improve ‘table stakes’ operations. These efforts have resulted in sustained improvement in both guest satisfaction scores and team member retention.”

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