From Nation's Restaurant News · · 1m 20s
BJ’s Restaurants’ sales and traffic grow
BJ’s Restaurants reports ninth straight quarter of same-store sales and traffic growth.
In brief
BJ’s Restaurants reports ninth straight quarter of same-store sales and traffic growth. BJ’s Restaurants’ same-store sales and traffic rose 8.1% and 8.3% for the ninth consecutive quarter of growth. Originally reported by Nation's Restaurant News.
BJ’s Restaurants reports growth
BJ’s Restaurants reported same-store sales and traffic growth for the ninth consecutive quarter.
Sales and traffic metrics
Same-store sales rose 8.1% and traffic increased 8.3% for the quarter.
Ninth consecutive quarter
This marks the ninth straight quarter of growth for both metrics.
Full-year guidance raised
BJ’s raised full-year same-store sales growth guidance to 4.7% from an estimated 3% to 4%.
Profit growth
BJ’s reported its eighth consecutive quarter of profit growth.
CEO comments
CEO Lyle Tick noted growth despite a 0.2% check decline.
Average unit volumes
Average unit volumes increased by about 10% over two years to $6.7 million.
Average unit profit
Average unit profit rose about 24% over two years.
Menu innovations
Menu updates like the Biscoff Pizookie drove growth.
Pizookie strategy
BJ’s built growth through value platform and seasonal Pizookies.
New holiday menu
BJ’s unveiled a holiday menu featuring the Biscoff Pizookie with a new brown-butter base.
CEO confidence
CEO Lyle Tick expressed confidence in BJ’s growth programs.
The one thing
BJ’s Restaurants’ same-store sales and traffic rose 8.1% and 8.3% for the ninth consecutive quarter of growth.
