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March 5, 2014
05:51 EDTBJRIBJ's Restaurants downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded BJ's Restaurants as it believes the company's initiatives will take longer than expected to move financial metrics. Piper lowered its price target for shares to $27 from $30.
News For BJRI From The Last 14 Days
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July 23, 2015
16:35 EDTBJRIBJ's Restaurants expands share repurchase program by $50M
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16:33 EDTBJRIBJ's Restaurants says expects to open 16 new restaurants in 2015
In the second quarter of fiscal 2015, BJ's opened five new restaurants in Towson, Maryland; Albuquerque, New Mexico; Columbus, Ohio; McCandless, Pennsylvania and Southlake, Texas. "Our pipeline for new restaurant openings is in excellent shape and we now expect to open 16 new restaurants this year," added CEO Greg Trojan. "We currently anticipate opening six new restaurants during the third quarter of fiscal 2015, two of which have already opened in Huntsville, Alabama and in Melbourne, Florida, and three new restaurants in the fourth quarter of fiscal 2015. Our runway for growth remains highly visible as we currently operate just 165 restaurants in 21 states while our long-term plans indicate national capacity for at least 425 BJ's restaurants. We are making excellent progress towards finalizing our fiscal 2016 new restaurant openings and are already building our fiscal 2017 and 2018 new restaurant pipeline."
16:30 EDTBJRIBJ's Restaurants reports Q2 EPS 47c, consensus 39c
Reports Q2 revenue $232M, consensus $236.22M. In Q2: Total restaurant operating weeks increased approximately 7%; Comparable restaurant sales increased 0.5%.

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