J. Alexander’s / Grill Restaurants (total food costs), J. Alexander’s / Grill Restaurants (beef costs), Stoney River Steakhouse and Grill (total food costs), Stoney River Steakhouse and Grill (beef costs), Tradename and other indefinite-lived intangibles, Long-term debt, net of portion classified as current. Piper Sandler ultimately contacted over 125 potential interested parties, and through an exhaustive process, three interested parties emerged as serious potential acquirers.
J. Alexander's(キング オブ プラシャ)に行くならトリップアドバイザーで口コミ、地図や写真を事前にチェック!J.
Net loss for the first quarter of 2020 totaled $17,644,000 compared to net income of $3,848,000 in the first quarter of 2019. Sales and sales days used in this calculation and amounts of other “same store” figures in this release include only those for restaurants in operation at the end of the period which have been open for more than 18 months.
Thus, after almost 30 years of resisting carry-out dining in favor of maximizing the in-person dining experience, we found ourselves pivoting to an off-premise only operating platform at 46 restaurant locations. In an effort to market our premium fresh beef and, at the same time, provide value to our loyal guests, we not only featured some attractively priced beef-centered entrees, but we also offered ‘family packs’ utilizing our beef products and sold ‘butcher-shop’ cuts of cook-at-home steaks and whole loins. J. Alexander’s Holdings, Inc. Reports Results for Second Quarter Ended June 28, 2020 J. Alexander’s Holdings, Inc. (NYSE: JAX) (the "Company"), owner and operator of J. Alexander’s… J. Alexander’s, 4701 Ashford Dunwoody Road, Atlanta. “We entered fiscal 2020 with high expectations,” stated Mark A. Parkey, President and Chief Executive Officer of J. Alexander’s Holdings, Inc. “Same store sales during the first two months of the year were encouraging and then we encountered the COVID-19 pandemic, which required us to close our dining rooms at all of our restaurants.
The Company is continuing construction of this new Redlands Grill location at a slower pace than previously anticipated, but still expects to be able to open for business in San Antonio before the Holiday season of 2020. The Board currently believes it will be sometime in 2021 before the Company can conclude its evaluation of strategic alternatives, focusing on the potential sale of the Company. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Parkey attributed the higher-than-expected sales during September to increased traffic from the most loyal customers of J. Alexander’s and Stoney River.
This increase is being driven by increased digital marketing and email campaigns to drive guest awareness, the addition of curbside service, investments that the Company has made in its online ordering platform partnership with ChowNow, and through menu innovation to include family-style meals (offering a complete meal for larger parties including salad, entrée, side items and dessert) and butcher shop sales of cook-at-home, hand-cut steaks.
Since the week beginning April 27, 2020 when the Company has been able to begin to reopen dining rooms with limited capacities in Tennessee, Georgia, Florida, Texas, Ohio, and other markets, sales volumes have continued to increase, and for the week ended May 31, 2020 totaled approximately 61% of sales recorded during the same period in the prior year.
J. Alexander’s Holdings, Inc. is a collection of boutique restaurants that focus on providing high quality food, outstanding professional service and an attractive ambiance. J. Alexander's - Redlands Grill Call Menu Info 7970 Washington Village Dr Dayton, OH 45459 Uber MORE PHOTOS Limited Menu Redlands or Caesar salad to accompany … Please be aware, that prices and availability of menu items can vary from location to location.
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One of our restaurants generated $35,000 of off-premise revenue on Mother’s Day 2020, which is a phenomenal amount for a concept that wasn’t offering such an option three months ago.