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NIO: Now A Steal Below $5 (Upgrade) (NYSE:NIO)

NIO: Now A Steal Below $5 (Upgrade) (NYSE:NIO)
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BJ's Restaurants, Inc. Provides Business Update and Reports Preliminary Fiscal 2020 Fourth Quarter Results


BJ’s Restaurants, Inc. Provides Business Update and Reports Preliminary Fiscal 2020 Fourth Quarter Results
HUNTINGTON BEACH, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) BJ’s Restaurants, Inc. (NASDAQ: BJRI) today provided a business update and reported preliminary unaudited financial results for its 2020 fourth quarter ended December 29, 2020.
“BJ’s fourth quarter results were impressive in light of the increasing restrictions on our dining room capacity,” commented Greg Trojan, Chief Executive Officer. “October results were strong with weekly sales per restaurant averaging over $83,000 and comparable restaurant sales of -20.6%, despite being limited to only outdoor seating and off-premise sales at 34 of our 62 California restaurants for at least part of the month and dining room capacity limitations at our remaining 175 restaurants. Beginning in November, rising COVID-19 cases caused numerous states to rollback dine-in re-openings, while in December, California ....

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