BJ's Q3 2021 Earnings Report
Key Takeaways
BJ's Restaurants experienced challenges in Q3 2021 due to the COVID-19 Delta variant, which impacted sales and exacerbated staffing issues, leading to reduced dining capacity and limited menus. Despite these headwinds, new restaurant openings performed well, and the company remains focused on expansion and improving staffing levels to drive sales growth.
Comparable restaurant sales decreased by 0.5% compared to the same period in 2019 due to the COVID-19 Delta variant.
Staffing shortages impacted operations, leading to reduced dining room capacities and limited menus in certain locations.
New restaurant openings in Lansing, Michigan, and Merrillville, Indiana, continue to exceed expectations.
The company plans to open at least eight new restaurants in fiscal year 2022.