Why BJ's Restaurants Stock Was Gaining Today

Shares of BJ's Restaurants (NASDAQ: BJRI) were surging today after the casual-dining restaurant chain posted strong results in its first-quarter earnings report. It's been a strong quarter for restaurant stocks as the sector laps the peak of the omicron variant of COVID-19 a year ago, and BJ's was no exception. The casual-dining chain reported comparable sales growth of 9%, driving overall revenue up 14.2% to $341.3 million, which beat estimates at $331.8 million.