BJ’s Restaurants, Inc. Provides Impairment Guidance for Fourth Quarter Ended December 29, 2020
January 22, 2021 at 06:10 am IST
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BJ’s Restaurants, Inc. provided impairment guidance for fourth quarter ended December 29, 2020. The Company anticipates impairment charges for the fourth quarter between $2.5 million and $4.5 million related primarily to handheld tablets disposal costs and an impairment charge related to one or two restaurants.
BJ's Restaurants, Inc. is a casual dining restaurant. The Companyâs restaurants feature a menu with approximately 100 menu items designed to offer various items, including slow roasted entrees, such as prime rib, EnLIGHTened Entrees, such as Cherry Chipotle Glazed Salmon, original signature deep-dish pizza, the Pizookie dessert and BJs craft beers. Its craft beer is produced at five in-house brewing facilities and by independent third-party brewers using its recipes. The Company is a national restaurant chain, which owns and operates approximately 200 casual dining restaurants located in 30 states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia and Washington.
BJ'S RESTAURANTS, INC. 
