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Investing in BJ's Restaurants (NASDAQ:BJRI) a year ago would have delivered you a 15% gain


Published on 2024-11-24 14:55:51 - Thomas Matters, WOPRAI
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  • During the last year BJ's Restaurants grew its earnings per share (EPS) by 94%. This EPS growth is significantly higher than the 15% increase in the share price. So it seems like the market has cooled on BJ's Restaurants, despite the growth. Interesting.

The article from Yahoo Finance discusses the investment potential of BJ's Restaurants, Inc. (NASDAQ: BJRI), a casual dining chain known for its deep-dish pizza and handcrafted beers. It highlights BJ's strategic initiatives aimed at enhancing growth and profitability, such as menu innovation, operational efficiency, and expansion plans. The piece notes that despite challenges like rising labor costs and competition, BJ's has shown resilience with a focus on improving same-store sales, remodeling existing locations, and opening new ones. Financial analysts have mixed views, with some optimistic about BJ's ability to leverage its unique offerings and customer loyalty, while others caution about the broader industry's struggles with shifting consumer preferences towards fast-casual dining. The article also touches on recent financial performance, mentioning a slight uptick in stock price and the company's efforts to manage costs effectively. Overall, the investment case for BJRI is presented as one with potential for growth but with inherent risks due to the competitive landscape of the restaurant industry.

Read the Full YAHOO!Finance Article at [ https://finance.yahoo.com/news/investing-bjs-restaurants-nasdaq-bjri-122503162.html ]
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