J. Alexander’s Holdings, Inc. Provides Business Update
J. Alexander's Holdings, Inc. (JAX)
US:NASDAQ Investor Relations:
investor.jalexandersholdings.com
Company Research
Source: Business Wire
NASHVILLE, Tenn.--(BUSINESS WIRE)--J. Alexander’s Holdings, Inc. (NYSE: JAX) (the Company), owner and operator of J. Alexander’s, Redlands Grill, Stoney River Steakhouse and Grill and other restaurants, today provided a business update with regard to the impact of the novel coronavirus outbreak (COVID-19).Business UpdateRecently, the Company has been impacted by a second wave of required dining room closures and increased capacity restrictions in certain of the markets in which it operates, including in Illinois, Kentucky, Michigan, Missouri, Pennsylvania, Maryland and Colorado. As of December 14, 2020, a total of 10 of the Company’s 46 locations are closed for indoor dining. In certain of those locations where economically feasible and allowed by the various governing authorities, the Company has taken steps to expand its outdoor dining areas in order to accommodate additional guests, retain a portion of its workforce, and provide additional revenue to supplement its ongoing carr
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