BJ's Restaurants (BJRI) Q4 Earnings Beat, Comps Increase Y/Y

BJ's Restaurants, Inc. (BJRI) reported fourth-quarter fiscal 2023 (ended Jan 2, 2024) results, wherein earnings beat the Zacks Consensus Estimate and increased year over year. On the other hand, revenues missed the consensus mark and declined from the year-ago quarter’s figure.The company is benefiting from productivity and margin enhancement initiatives, and operational excellence across its restaurants. Also, its menu simplification consideration is reflected in improved labor efficiencies and high team m ...