Andy Barish, Jefferies managing director of equity research, joins 'The Exchange' to discuss his restaurant outlook in 2025.
BJ's Restaurants' focus on cost-saving and margin expansion plans bodes well. However, increased food cost inflation is a concern.
BJRI third-quarter top line reflects solid comps driven by strong guest traffic and Pizookie Meal Deal performance.
BJ's Restaurants, Inc. (NASDAQ:BJRI ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Rana Schirmer - Director, SEC External Reporting Brad Richmond - Interim Chief Executive Officer Lyle Tick - President and Chief Concept Officer Tom Houdek - Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer Alex Slagle - Jefferies Jeffrey Bernstein - Barclays Brian Mullan - Piper Sandler Nick Setyan - Wedbush Securities Sharon Zackfia - William Blair Jon Tower - Citi Todd Brooks - The Benchmark Company Operator Hello, and welcome to the BJ's Restaurant Third Quarter 2024 Earnings Release and Conference Call. All participants will be in listen-only mode.
Although the revenue and EPS for BJ's Restaurants (BJRI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
BJ's Restaurants (BJRI) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.16 per share a year ago.
Although U.S. stocks closed lower on Friday, there were a few notable insider trades.
BJ's Restaurants' (BJRI) performance benefits from the efficient implementation of various sales-boosting and remodeling initiatives. Yet, high costs and low guest traffic mar prospects.
Index funds that follow popular benchmarks like the S&P 500 and the Nasdaq Composite have delivered impressive returns for long-term investors. However, the Russell 2000 is a different story.
BJ's Restaurants: Q2 Shows Successful Cost-Saving Initiatives
BJ's Restaurants' (BJRI) second-quarter performance benefits from culinary initiatives, improving operational execution and remodeling efforts.
BJ's Restaurants, Inc. (NASDAQ:BJRI ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Rana Schirmer - Director, SEC External Reporting Greg Levin - Chief Executive Officer & President Tom Houdek - Chief Financial Officer Conference Call Participants Alex Slagle - Jefferies Jeffrey Bernstein - Barclays Todd Brooks - The Benchmark Company Nick Setyan - Wedbush Securities Sharon Zackfia - William Blair Karen Holthouse - Citigroup Andrew Wolf - C.L. King Operator Good day and welcome to the BJ's Restaurants Inc. Second Quarter 2024 Earnings Release Conference Call.