BJ’s Restaurants Inc. (Nasdaq: BJRI) in Huntington Beach reported net income of $14.2 million, down about 17%, on revenue of $301.1 million, up nearly 5%, in its second quarter, compared with the same period last year.
Excluding a charge this year and a benefit in last year’s period, net income declined about by about $900,000.
Same-store sales at the casual dining chain rose 2%, “our seventh consecutive quarter of positive comparable sales,” said Chief Executive Greg Trojan in a press release.
Analysts on average expected sales of $300.5 million.
BJ’s shares traded down about 7% on the day and prior to the report, to an $807 million market cap. In after-hours trading shares recovered slightly, by about 2%.