BJ’S Restaurants Reports Negative Comps

Dear Client: BJ's Restaurants & Brewery reported that comparable restaurant sales decreased 2.2% during the latest quarter, as compared to a positive 2.3% in last year's third quarter. "Therefore, on a 2-year cumulative basis, our comparable restaurant sales were approximately flat," BJ's Restaurants CFO Greg Levin reported during the craft beer-and-American-food concept's Q3 call. "Our 2.2% decrease in comparable sales for the third quarter consisted primarily of an approximate 2% benefit from menu pricing, offset by a decrease in guest