Sees FY25 comparable restaurant sales growth 2%-3%. Sees FY25 capital expenditures $65M-$75M. “I am pleased with the progress we made in the fourth quarter, focusing on core sales and profit driving initiatives that we believe we can build upon in the near team,” said Lyle Tick, president and chief concept officer. “At the same time, we are actively working to sharpen our brand positioning and define the best strategies to position BJ’s for sustainable long-term success. The preliminary insights underline a set of core equities we can strengthen to further differentiate our concept as well as opportunities to reduce complexity, which we believe will allow us to significantly enhance the guest experience. My confidence grows daily that BJ’s future is exceptionally bright as we begin to execute on these strategies and position the brand for accelerated growth. With strong and improving cash flow, expanding margins, and a healthy balance sheet, we are well positioned to execute multiple initiatives aimed at enhancing shareholder value,” added Tick.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BJRI:
- BJRI Upcoming Earnings Report: What to Expect?
- BJ’s Restaurants upgraded to Hold at Gordon Haskett as risk/reward balanced
- BJ’s Restaurants upgraded to Hold from Underperform at Gordon Haskett
- BJ’s Restaurants price target raised to $34 from $32 at Barclays
- Closing Bell Movers: Inari adds 21% after confirmed Stryker buyout
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue