BJ’s Restaurants, Inc. Provides Earnings Guidance for Fourth Quarter Ended December 29, 2020
January 21, 2021 at 07:40 pm EST
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BJ’s Restaurants, Inc. provided earnings guidance for fourth quarter ended December 29, 2020. The company expects restaurant level operating profit (including stock based compensation) in the range of $12.5 million to $13.5 million. Operating loss, excluding any disposal and impairment charges and gains from lease transactions expected in the range of $18.0 million to $20.0 million.
BJ's Restaurants, Inc. is a casual dining restaurant. The Companyâs restaurants feature a menu with approximately 100 menu items designed to offer various items, including slow roasted entrees, such as prime rib, EnLIGHTened Entrees, such as Cherry Chipotle Glazed Salmon, original signature deep-dish pizza, the Pizookie dessert and BJs craft beers. Its craft beer is produced at five in-house brewing facilities and by independent third-party brewers using its recipes. The Company is a national restaurant chain, which owns and operates approximately 200 casual dining restaurants located in 30 states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia and Washington.