3:32 AM A connoisseur of rations, field allocate lift BJ in 2018 | |
In case the daily dining room is considered a more difficult sector in the branch, BJ's Restaurants Inc. stranger. Huntington Beach, California.- the established network, which serves a lengthy diet of pizza, pasta and roasted meat, noticed that sales in stores increased by 4.5% for the 4th quarter ended January. 1. This is an increase of 1.6% compared to the same quarter last year. The popularity of buyers increased by 1.1%, the 5th quarter in order of positive traffic for the company. During the year, comparable sales of restaurants increased by 5.3%. "Keeping our concept fresh and progressive has always been one of the keys to our long - term success," said CEO Greg Troyan during a conference call with investors. In particular, Trojan stated the firm's powerful one-year performance was justified by its broad service rations, which offer “the best value to our guests”, these both daily Varnitsa actions and blissful hour. Sales outside the building still elevate the brand. For the quarter, field sales amounted to within 9.5% of the rescue, the company said in a statement. But recent bad weather across the country, especially in its leading California market, has led to a malleable start by 2019. "Los Angeles received more rainfall in the 1st 45 days of 2019 than it did in the whole of 2018," said economic Director Greg Levin. Outside California, implementations have suffered injuries from a polar vortex in the Midwest, unusually cool temperatures in the East, and record-breaking snowfall in Washington state. Comparable sales in restaurants in Oregon and Washington during the cold season fell by more than 40% over the weekend, said the economic Director. More elevated degree of return of gift cards in January has contributed to a decrease in the average check, said Levin. BJ is waiting for a rebound because it introduces fresh items at the end of this year, covering tri-tip slicing. It will be added to the premium slow fried diets of the company. Another firm sees positive reactions to nedavnee the entry of zucchini noodle dishes and Moroccan chicken. "I directly feel great on the pretext of [the menu] initiatives that we have," said Levin. Not paying attention to the malleable early 2019, Jeffries analyst Alexander Slagle stated subsequently in the report of the conference, in fact that BJ continues to own the momentum. "Business is not significantly injured, because the main initiatives to stimulate sales continue to resonate with guests and produce large traffic.” Total profit for the quarter increased by 7.4% to$280.5 million. The firm's unsullied profit was $10.7 million, or 49 cents on the promotion, compared to $23.5 million, or $1.12 on the promotion, in the same quarter of last year. The firm said, in fact, that the decline since 2017 is due to a one-time tax benefit of $15.7 million with the exception of the tax benefit increased by 37.3%, reports BJ's. The firm opened 5 restaurants in 2018, ending the year with 202 spaces. | |
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