Back to top

Image: Bigstock

BJ's Restaurants, Inc.

Read MoreHide Full Article

BJ’s Restaurants’ shares have outperformed the industry in the past year. We are optimistic about the company’s growth, as diverse sales-driving efforts bolstered its top-line performance in the second quarter of 2018. BJ's Restaurants delivered positive earnings surprises in 14 out of the last 17 quarters. Results were driven by improved comps and restaurant operating margins. BJ Restaurants’ high-quality slow-roasted menu has been favoring growth in foot traffic while daily Brewhouse Specials are contributing directly to the company’s top line. Apart from menu innovation, its cost containment initiatives are improving margins. Moreover, earnings estimates for the current year have inched up over the past two months, reflecting analysts’ confidence on its future potential. However, high costs and limited international presence raise concerns.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

BJs Restaurants, Inc. (BJRI) - free report >>

Published in