Wed Sep 11 09:38:54 UTC 2024: ## BJ’s Restaurants Director Makes Stock Purchase, Company Reports Strong Earnings

**[City, State] -** Janet Sherlock, director of BJ’s Restaurants, Inc. (NASDAQ: BJRI), has purchased 500 shares of the company’s stock on September 9th, according to a recent filing with the Securities and Exchange Commission. The purchase was made at an average price of $29.58 per share, totaling $14,790.00. Following the transaction, Sherlock now holds 18,454 shares of BJRI, valued at approximately $545,869.32.

This news comes on the heels of a strong earnings report for BJ’s Restaurants. The company reported $0.72 EPS for the quarter ended July 25th, exceeding analyst estimates by $0.21. Revenue also surpassed expectations, reaching $349.93 million compared to the consensus estimate of $349.18 million.

BJ’s Restaurants, a casual dining chain operating across the United States, has seen consistent growth in recent quarters. The company’s revenue increased by 0.1% compared to the same quarter last year.

Analysts are optimistic about the company’s future performance, predicting that BJ’s Restaurants will post 1.42 earnings per share for the current year.

Several hedge funds and institutional investors have also shown confidence in BJRI, increasing their holdings in recent months. Notable investors include American Century Companies Inc., RK Capital Management LLC, Charles Schwab Investment Management Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., and First Eagle Investment Management LLC. Institutional investors now hold 99.95% of the company’s stock.

BJ’s Restaurants, formerly known as Chicago Pizza & Brewery, Inc., is a popular dining destination offering pizzas, craft beers, appetizers, entrées, and desserts. The company’s strong performance and continued investor confidence suggest a positive outlook for BJ’s Restaurants in the coming months.

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