BJ’s Restaurants Inc. (Nasdaq: BJRI) in Huntington Beach reported net income of $16.9 million, up 76% year-over-year, on revenue of $287.6 million, up 8%, in its most recent quarter.
Same-store sales were 5.6% higher.
The casual dining chain opened two restaurants in the quarter, including its 200th location overall, in Albany, N.Y.
During the quarter, BJ’s paid down about $48.5 million in debt and repurchased about $1.1 million of its shares.
Shares were up 5% recently to a market cap of $1.3 billion.
