BJ's posts lower 2nd-Q profit on higher costs

HUNTINGTON BEACH Calif. Blaming the economy and higher costs, BJ's Restaurants Inc. on Thursday reported a 12-percent drop in net profit for the second quarter ended July 1 to $2.9 million, or 11 cents a share, though revenues rose 16 percent to $92.2 million.

The casual-dining/brewhouse chain's same-store sales rose 0.6 percent, on top of a 7.5-percent second-quarter jump last year that was BJ's biggest quarterly increase since 2004, it noted.

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