J. Alexander's Holdings, Inc. announced unaudited consolidated earnings results for fourth quarter and year ended January 3, 2016. For the quarter, the company reported net sales of $59,304,000, operating income of $4,192,000, income from continuing operations before income taxes of $4,033,000, net loss of $2,321,000, adjusted EBITDA of $8,382,000 compared to the net sales of $53,312,000, operating income of $3,148,000, income from continuing operations before income taxes of $2,471,000, net income of $2,192,000, adjusted EBITDA of $6,604,000 for the same quarter a year ago. Diluted earnings per share from continuing operations was $0.16 against $0.15 for the same period a year ago. Diluted earnings per share was $0.15 against $0.15 for the same period a year ago. EBITDA was $6,295,000 against $5,082,000 for the same period a year ago.

For the year, the company reported net sales of $217,914,000, operating income of $8,400,000, income from continuing operations before income taxes of $2,471,000, net income of $5,355,000, adjusted EBITDA of $26,125,000 compared to the net sales of $202,233,000, operating income of $12,090,000, income from continuing operations before income taxes of $9,286,000, net income of $8,515,000, adjusted EBITDA of $22,358,000 for the same period a year ago. Diluted earnings per share from continuing operations was $0.38 against $0.60 for the same period a year ago. Diluted earnings per share was $0.36 against $0.57 for the same period a year ago. Net cash provided by operating activities was $16,010,000 against $17,955,000 for the same period a year ago. Purchase of property and equipment was $11,431,000 against $10,536,000 for the same period a year ago. EBITDA was $16,652,000 against $19,743,000 for the same period a year ago.

For the year 2016, the company expects capital expenditure to be in the range of $20 million to $21.5 million, total revenue to be $222 million to $226 million, adjusted EBITDA to be in the range of $25.1 million to $26.1 million, net income to be in the range of $5.7 million to $6.4 million, effective tax rate to be 30% and basic EPS to be in the range of $0.38 to $0.43.