BJ's Restaurants, Inc. BJRI reported fourth-quarter fiscal 2020 results, wherein earnings matched the Zacks Consensus Estimate, while revenues surpassed the same. Notably, the top line outpaced the consensus mark for the third straight quarter.Earnings & RevenuesAdjusted net loss of 80 cents per share was in line with the Zacks Consensus Estimate. In the year-ago period, the company had reported adjusted earnings of 56 cents per share.Total quarterly revenues of $197 million beat the consensus estimate of $196.8 million by 0.12%. However, the top line declined 32.3% on a year-over-year basis. Lower comparable restaurant sales led to the decline. However, total restaurant operating weeks increased approximately 0.6% from the prior-year quarter. Comparable restaurant sales slumped 32.3% against a gain of 0.4% in the year-ago quarter.BJs Restaurants, Inc. Price, Consensus and EPS Surprise BJs Restaurants, Inc. price-consensus-eps-surprise-chart | BJs Restaurants, Inc. QuoteExpenses & Operating MarginsDuring the fiscal fourth quarter, labor costs, as a percentage of sales, came in at 38.4%, up 200 basis points (bps) year over year. Occupancy and operating costs (as a percentage of sales) were 29.1% compared with 22.5% in the year-ago quarter. General and administrative expenses (as a percentage of sales) increased 150 bps to 6.8% in the quarter.Restaurant-level operating margin came in at 6.6% compared with 16% in the year-ago quarter.Store CountAs of Dec 29, 2020, BJ’s Restaurants owned and operated 210 casual dining restaurants (in 29 states), out of which one is temporarily closed due to the COVID-19 crisis. The company is planning to expand presence to at least 425 restaurants.Balance SheetAs of Dec 29, 2020, cash and cash equivalents totaled $50 million compared with $22.4 million on Dec 31, 2019. Total debt as of Dec 29, 2020 amounted to $116.8 million compared with $143 million at 2019-end.Zacks RankBJ's Restaurants, which share space with Brinker International, Inc. EAT Chuy's Holdings, Inc. CHUY and Fiesta Restaurant Group, Inc. FRGI currently has a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Zacks Top 10 Stocks for 2021In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.Access Zacks Top 10 Stocks for 2021 today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BJs Restaurants, Inc. (BJRI): Free Stock Analysis Report Brinker International, Inc. (EAT): Free Stock Analysis Report Chuys Holdings, Inc. (CHUY): Free Stock Analysis Report Fiesta Restaurant Group, Inc. (FRGI): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research