Restaurant stocks are likely to have benefited from marketing initiatives, service digitization, new store openings and menu offerings in the fourth quarter of 2024.
BJ's Restaurants (BJRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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