AP NEWS

J. Alexander’s: 2Q Earnings Snapshot

August 8, 2018

NASHVILLE, Tenn. (AP) _ J. Alexander’s Holdings Inc. (JAX) on Wednesday reported second-quarter profit of $2.1 million.

On a per-share basis, the Nashville, Tennessee-based company said it had net income of 14 cents. Earnings, adjusted to account for discontinued operations, were 15 cents per share.

The casual dining restaurants operator posted revenue of $60.4 million in the period.

J. Alexander’s shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.85, a rise of 14 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JAX at https://www.zacks.com/ap/JAX

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