BJ's warns on 4Q sales, traffic declines

BJ's warns on 4Q sales, traffic declines

Preliminary results show “disappointing” holiday performance

BJ’s Restaurants Inc. blamed discounting and increased promotional activity for an expected 2.7-percent decline in same-store sales during the fourth quarter in preliminary results released last week.

For the quarter ended Dec. 31, BJ’s reported revenue of about $199.8 million, an 8-percent increase from $184.8 million a year ago.

The 2.7-percent same-store sales decline, however, included a 2.3-percent drop in traffic combined with a decrease in

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