BJ's Restaurants Inc. has reported that comp sales and net income were down for the quarter slightly, but total revenues for the quarter and year stayed strong for the fourth quarter and fiscal year 2009 that ended on Dec. 29, 2009. In the release, chairman and CEO Jerry Deitchle attributed the company's fairly strong numbers as evidence of the concept's resonance. He expressed his confidence for BJ's to gain market share in the $80 billion casual dining segment, going forward.
 
"Our 2010 new restaurant development pipeline is in excellent shape as of today, and we are already working on potential locations for 2011 openings," said Deitchle. "Additionally, we will continue to make prudent investments in the 'core' of the BJ's concept to further strengthen its competitive advantages of quality, differentiation and value for the casual dining consumer."
 
Comparable restaurant sales decreased by 0.2 percent during the fourth quarter of fiscal 2009 compared to a decrease of 0.7 during the same quarter last year. Comps were down 0.8 percent for the year, compared with a 0.3 percent decrease for 2008.
Net income for the fourth quarter of fiscal 2009 was $1.7 million, down 25 percent from Q4 2008's $2.26 million. Year-to-date income was up 26 percent, from $10.3 million in 2008 to $13 million in 2009. Total revenues for the fourth quarter of fiscal 2009 increased approximately 13.5 percent to $112.6 million compared to $99.3 million for the same quarter last year. Year-to-date revenues rose 14 percent, from $374.1 million in 2008 to $426.7 million last year.

Related Content

User Comments – Give us your opinion!
Products & Services

MVR Reports

http://global.networldalliance.com/new/images/products/MVR_Report_iix.gif

1252/MVR-Reports

Quad Core Menu Board Media Player - $199

http://global.networldalliance.com/new/images/products/6679.png

6679/Quad-Core-Menu-Board-Media-Player-199

DriverAdvisor Fleet Monitoring

http://global.networldalliance.com/new/images/products/DriverAdvisor_iix.gif

1425/DriverAdvisor-Fleet-Monitoring

Distribution RFP’s & RFQ’s

http://global.networldalliance.com/new/images/products/6411.png

6411/Distribution-RFP-s-RFQ-s

Restaurant Digital Signage Advertising Network

http://global.networldalliance.com/new/images/products/6691.png

6691/Restaurant-Digital-Signage-Advertising-Network

Chicken

http://global.networldalliance.com/new/images/products/6793.png

6793/Chicken

Features

http://global.networldalliance.com/new/images/products/4541.png

4541/Features

Advanced Wireless

http://global.networldalliance.com/new/images/products/6635.png

6635/Advanced-Wireless

Remote Service | Content Management Service

http://global.networldalliance.com/new/images/products/6685.png

6685/Remote-Service-Content-Management-Service

Business Performance Management

http://global.networldalliance.com/new/images/products/6413.png

6413/Business-Performance-Management

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.