BJ's posts lower-than-expected 3Q revenue

BJ's posts lower-than-expected 3Q revenue

Company points to traffic decline, weak same-store sales increases

BJ’s Restaurants Inc. reported an 8-percent increase in third-quarter profit Thursday despite lower-than-expected revenue and headwinds that may continue to hinder efforts to drive traffic, the company said.

For the quarter ended Oct. 2, Huntington Beach, Calif.-based BJ’s recorded net income of $6.8 million, or 24 cents per share, compared with $6.3 million, or 22 cents per share, the prior year.

Revenues rose 16 percent to $175.2 million, which the compa

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