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     136  0 Kommentare BJ’s Restaurants, Inc. Provides Business Update

    Off-premise Sales Surge Driven by Take-out and Delivery Channels

    Weekly Cash Use Rate Improved to Approximately $2.5 Million

    HUNTINGTON BEACH, Calif., April 24, 2020 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today provided an update of certain business and financial metrics.

    “The investments we have made in the last few years in take-out, delivery and digital ordering capabilities are providing our guests with the BJ’s menu they crave during these unprecedented times,” said Greg Trojan, Chief Executive Officer of BJ’s Restaurants, Inc. “Our team members are successfully delivering high quality food and gold standard service that our guests have come to expect from BJ’s as we grow our take-out and delivery sales in the 205 BJ’s Restaurants which continue to operate. As a result, we continue to see strong week-over-week growth in our off-premise channel.

    “I would personally like to thank each of our team members for their incredible contributions as we continue providing our guests with safe, delicious, high-quality food and beverages,” said Trojan. “Our team has quickly adapted to the current environment and is committed to delivering a safe and high quality off-premise experience with initiatives such as tamper proof seals, digital payment and touchless curbside pickup.”

    Current Trends and Business Update

    • BJ’s comparable restaurant sales declines peaked during the week ended March 24, 2020 at -82% and have since improved to -70% during the week ended April 21, 2020. The improvement has been driven by mid-teens sequential weekly growth in the Company’s off-premise sales from both take-out and delivery channels. 
       
    • Recent average off-premise sales on a weekly basis through April 21, 2020 were as follows:
      Week Ended
      3/17/2020 3/24/2020 3/31/2020 4/7/2020 4/14/2020 4/21/2020
    Weekly Sales Average    $11,402    $19,458   $21,563   $24,667   $27,981   $31,716
    Week-over-Week Change N/A   70.7%   10.8%   14.4%   13.4%   13.3%
    • Off-premise sales growth has been driven by both traffic and check, with check growth resulting from more items per order and growth in certain menu items, such as our Family Feast offerings that feed 4 to 6 guests and our to-go beverages that include BJ’s award winning craft beer in six packs and growlers, bottles of wine and recently launched margaritas to-go.
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    BJ’s Restaurants, Inc. Provides Business Update Off-premise Sales Surge Driven by Take-out and Delivery Channels Weekly Cash Use Rate Improved to Approximately $2.5 Million HUNTINGTON BEACH, Calif., April 24, 2020 (GLOBE NEWSWIRE) - BJ’s Restaurants, Inc. (NASDAQ: BJRI) today provided an …