J. Alexander’s Holdings, Inc. Reports Results For Second Quarter Ended July 1, 2018
J. Alexander's Holdings, Inc. (JAX)
US:NASDAQ Investor Relations:
investor.jalexandersholdings.com
Company Research
Source: Business Wire
Same Store Sales Rise In Both Restaurant Concepts NASHVILLE, Tenn.--(BUSINESS WIRE)-- J. Alexander’s Holdings, Inc. (NYSE: JAX) (the Company), owner and operator of a collection of restaurants which includes J. Alexander’s, Redlands Grill, Stoney River Steakhouse and Grill and selected other restaurants, today reported financial results for the second quarter ended July 1, 2018. Second Quarter 2018 Highlights Compared to the Second Quarter of 2017 Net sales were $60,420,000, an increase of 3.8% from $58,216,000 achieved in the second quarter of 2017. For the J. Alexander’s/Grill restaurants, average weekly same store sales per restaurant (1) were $116,200, an increase of 1.9% from $114,000 reported in the second quarter of 2017. For the Stoney River Steakhouse and Grill restaurants, average weekly same store sales were $78,900, up 6.2% from $74,300 recorded
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