BJ's Restaurants Insider Sale Totals $405,000 After Seven Straight Growth Quarters

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BJ's Restaurants Executive Vice President and Chief Information Officer Brian S. Krakower sold 7,341 shares of common stock on June 18, a transaction valued at approximately $405,000. The shares were acquired through the exercise of options and immediately sold, leaving Krakower with 4,721 directly held shares worth about $258,000. The company recently reported its seventh consecutive quarter of sales and traffic growth, with first-quarter revenue rising 2.9% to $358.1 million and comparable restaurant sales up 2.4%. CEO Lyle Tick highlighted improvements to the menu, culture, and restaurant environment as creating a strong foundation for long-term profitable growth.

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Consumer Discretionary▲
BJs Restaurants Inc
BJRI
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Insider sale by EVP/CIO, but company reported seven consecutive quarters of growth and positive CEO outlook.