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Stock impact report

BJ’s Restaurants, Inc. Reports Fiscal Fourth Quarter and Fiscal 2019 Results

BJ's Restaurants, Inc. (BJRI) 
Last bj's restaurants, inc. earnings: 2/20 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bjsrestaurants.com
Company Research Source: GlobeNewswire
HUNTINGTON BEACH, Calif., Feb. 20, 2020 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for its 2019 fourth quarter and fiscal year that ended Tuesday, December 31, 2019. Fourth Quarter 2019 Highlights Compared to Fourth Quarter 2018 Total revenues grew 3.8% to $291.1 millionTotal restaurant operating weeks increased approximately 3.0%Comparable restaurant sales increased 0.4% Net income of $14.5 million compared to $10.7 million -- Fourth quarter 2019 net income benefited from a $4.7 million pre-tax gain related to two sale-leaseback transactions, partially offset by a $0.6 million pre-tax expense related to the adoption of ASU 2016-02 on January 2, 2019, regarding lease accounting. Diluted net income per share of $0.75 compared to $0.49 -- Fourth quarter 2019 diluted net income per share benefited from a $0.21 net gain related to the adoption of ASU 2016-02 on January 2, 2019, which impacted the accounting for leases and sale-leaseback Show less Read more
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