HUNTINGTON BEACH Calif. BJ's Restaurants Inc. blamed bad weather, the July 4 holiday shift, and uncontrollable economic factors for a 35-percent drop in third quarter profit.
For the quarter ended Sept. 30, BJ’s reported net income of $2 million, or 8 cents per share. In the year-ago third quarter, BJ's earned $3.1 million, or 12 cents per share.
Revenue rose 19 percent, to $95.7 million, though same-store sales fell 1 percent for the quarter. Last