Exhibit 99.1

FOR IMMEDIATE RELEASE

J. Alexander’s Holdings, Inc. Reports Results for Third Quarter and First Nine Months of 2016

NASHVILLE, TN, Nov. 4, 2016 — J. Alexander’s Holdings, Inc. (NYSE: JAX) (the Company) today reported financial results for the third quarter and nine months ended October 2, 2016.

Third Quarter 2016 Highlights Compared To The Third Quarter Of 2015

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Stock Repurchase Program

During the fourth quarter of fiscal 2015, the Company’s Board of Directors authorized a share repurchase program for up to 1.5 million shares of the Company’s outstanding common stock over a period of three years. Share repurchases under the program have been made, and are expected to be made, solely from cash on hand and available operating cash flow. Repurchases will be made in accordance with applicable securities laws and may be made from time to time in the open market. The timing, prices, and amount of repurchases will depend upon prevailing market prices, general economic and market conditions and other considerations. The repurchase program does not obligate the Company to acquire any particular amount of stock. No shares were purchased by the Company under the program during the third quarter of 2016. Since inception of the stock repurchase program, 300,059 shares have been purchased by the Company under the program at an aggregate purchase price of $3,153,000.

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Chief Executive Officer’s Review/Third Quarter

“We were pleased with the overall performance of both J. Alexander’s/Redlands Grill and Stoney River Steakhouse and Grill restaurant groups in the most recent quarter,” said Lonnie J. Stout II, President and Chief Executive Officer of J. Alexander’s Holdings, Inc. “Same store sales and guest counts were up in both restaurant groups when compared to the third quarter of 2015.”

Stout noted that the J. Alexander’s/Redlands Group posted an increase in average weekly same store sales of 1.4% while guest counts rose 3.4% for the quarter. The Stoney River concept recorded an increase in average weekly same store sales of 1.8%, with total weekly sales averages per restaurant up 9.0% due to the positive impact of the Company’s Stoney River restaurant in Germantown, TN. Guest counts for the Stoney River restaurants climbed 2.8% for the same store sales base of restaurants compared to the third quarter of 2015, and increased by 15.5% including the Germantown location.

“We are encouraged with the turnaround in average weekly same store sales compared to the trends we posted in the first two quarters of 2016,” Stout continued. “We believe our plan of action implemented at the beginning of the year has enabled us to achieve the intended results in terms of increasing both sales and guest counts.”

The Company’s consolidated operating income for the third quarter of 2016 was $1,306,000 compared to a consolidated operating loss of $2,265,000 recorded in the comparable quarter a year ago. The Company’s effective tax rate for the third quarter of 2016 was 11.4% compared to a benefit of 2.6% in the third quarter of 2015.

Restaurant labor and related costs as a percentage of net sales totaled 32.1% for both the third quarter of 2016 and the comparable quarter a year earlier. Other restaurant operating expenses were 21.1% of net sales during the third quarter of 2016 compared to 21.3% of net sales in the corresponding quarter a year ago.

Average guest checks, which include alcoholic beverage sales, for the combined J. Alexander’s/Redlands Grill concepts decreased 1.8% to $30.11 in the third quarter of 2016 compared to $30.67 in the corresponding quarter of 2015. Average guest checks for the same store base within the Stoney River Steakhouse and Grill concept were down 0.8% to $45.52 in the third quarter of 2016 from $45.89 in the third quarter of 2015. Including the Germantown Stoney River location, which is open for both lunch and dinner, average guest checks totaled $43.44 during the third quarter of 2016, a 5.4% decrease from the third quarter of 2015. The effect of menu price adjustments for the most recent quarter was estimated to be a 0.6% decrease for the J. Alexander’s/Redlands Grill restaurants and a 0.7% decrease for the Stoney River Steakhouse and Grill restaurants compared to the same period a year earlier. Deflation in food costs for the third quarter of 2016 was estimated to total 1.5% for the J. Alexander’s/Redlands Grill restaurants, with beef costs declining by approximately 6.4% compared to the third quarter of 2015. For the Stoney River Steakhouse and Grill restaurants, deflation for the third quarter of 2016 was an estimated 2.7%, with beef costs declining by approximately 6.4% compared to the third quarter a year ago.

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Stout noted that the Company has incurred certain general and administrative expenses as a public company that did not exist in previous periods while the Company was a majority-owned subsidiary of FNFV. During the third quarter of 2016, J. Alexander’s Holdings, Inc. incurred approximately $300,000 of public company costs that it did not incur in last year’s third quarter. The Company also incurred consulting fees of $133,000 during the third quarter of 2016 from its management agreement with Black Knight Advisory Services, LLC (“Black Knight”) and recognized $246,000 of non-cash profits interest compensation expense for Black Knight in the third quarter of 2016.

First Nine Months 2016 Highlights

For the first nine months of fiscal 2016, the Company recorded net sales of $162,259,000, up 2.3% from $158,610,000 during the comparable three quarters of fiscal 2015. The New Year’s Eve week, traditionally one of the Company’s strongest sales weeks, occurred twice during fiscal 2015 which had a positive impact on both the first and fourth quarters of fiscal 2015. Fiscal 2016 began January 4, 2016 and, as such, did not receive the benefit of the New Year’s Eve week during the first nine months of fiscal 2016. Income from continuing operations before income taxes was $5,860,000 for the first three quarters of 2016 compared to $3,306,000 for the first three quarters of 2015. Included in the results were non-recurring transaction expenses of $62,000 in the first nine months of 2016 and $6,311,000 in the corresponding three quarters of 2015. Excluding these non-recurring transaction expenses, income from continuing operations before income taxes would have totaled $5,922,000 for the first nine months of 2016 and $9,617,000 for the corresponding nine months of 2015. Results also included income tax expense of $1,210,000 in the first three quarters of 2016 and an income tax benefit of $45,000 in the first three quarters of 2015.

The Company recorded net income of $4,322,000 for the first nine months of 2016 compared to $3,034,000 in the first nine months of 2015. Adjusted EBITDA⁽²⁾ for the first nine months of 2016 totaled $16,047,000, down from $17,743,000 recorded in the first nine months of 2015. Basic and diluted earnings per share totaled $0.29 for the first nine months of 2016, up from $0.20 for the first nine months of 2015. See attached “Adjusted EBITDA Reconciliation” for a definition of Adjusted EBITDA and a reconciliation to net income (loss).

Within the J. Alexander’s/Redlands Grill restaurants, average weekly same store sales per restaurant⁽¹⁾ totaled $109,100 for the first nine months of 2016, down 1.2% from $110,400 in the first three quarters of 2015. For the Stoney River Steakhouse and Grill restaurants, average weekly same store sales totaled $68,500 for the first nine months of 2016, up 1.3% from $67,600 during the first nine months of 2015.

Guest counts within the same store base of restaurants increased by 0.6% within the J. Alexander’s/Redlands Grill restaurants for the most recent nine-month period, and rose by 1.3% within the Stoney River Steakhouse and Grill restaurants in the first nine months of 2016. Total guest counts for the Stoney River locations increased by 11.5% during the first nine months of 2016 compared to the same period of 2015. The average guest check at the combined J. Alexander’s/Redlands Grill locations decreased by 1.8%, from $30.71 during the first nine months of 2015 to $30.17 during the first nine months of 2016, while the Stoney River average guest check decreased by 3.7%, from $45.54 to $43.86 during the same comparative periods. Within the same store base of ten Stoney River locations, the average guest check increased by 0.2% from $45.54 during the first nine months of 2015 to $45.63

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during the corresponding period of 2016. The effect of menu price changes for the first nine months of 2016 was estimated to be a 0.9% decrease at J. Alexander’s/Redlands Grill locations and a 0.1% decrease at the Stoney River restaurants compared to the first nine months of 2015.

Cost of sales as a percentage of net sales for the nine months ended October 2, 2016 was 31.9% as compared to 31.6% in the first nine months of 2015. Deflation in food costs for the three quarters of 2016 was estimated to total 1.1% for the J. Alexander’s/Redlands Grill restaurants, with beef costs declining by approximately 2.6% compared to the first three quarters of 2015. For the Stoney River Steakhouse and Grill restaurants, deflation for the first three quarters of 2016 was an estimated 1.6%, including an estimated 3.3% decline in beef costs on a comparative basis. Restaurant labor and related costs for the most recent nine months was 30.9% of net sales, up from 30.5% of net sales in the comparable period of 2015. Other restaurant operating expenses increased to 20.3% of net sales during the most recent nine-month reporting period from 20.2% of net sales in the first three quarters of 2015. Restaurant operating profit margins for the first nine months of 2016 were 12.9%, down from 13.7% in the same nine months of 2015.

For the nine months ended October 2, 2016, J. Alexander’s Holdings, Inc. incurred approximately $900,000 of public company costs that it did not incur in the first nine months of 2015. The Company also incurred consulting fees of $451,000 during the first nine months of 2016 from its management agreement with Black Knight and recognized non-cash profits interest compensation expense for Black Knight totaling $1,158,000.

Outlook For 2016/Guidance

“While we are encouraged with the results of our initiatives to build guest counts and sales during the first nine months of 2016, our focus on featuring more of our value-oriented entrées impacted both revenue as well as the related flow through to restaurant operating profit,” Stout observed. “As we look ahead to the holidays, we anticipate our feature program in most markets will be returning to the more traditional entrée offerings which, coupled with what we anticipate will be continued favorable beef pricing, should help us to finish the year with solid momentum.”

Based upon current information, Stout updated the Company’s previously released guidance for full-year 2016 as follows:

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See attached “Reconciliation of Updated Guidance Range for 2016 Adjusted EBITDA” for a reconciliation of estimated Adjusted EBITDA to estimated net income.

Restaurant Development

J. Alexander’s Holdings, Inc. has opened one new Stoney River Steakhouse and Grill (January 25, 2016) in Germantown, TN, and on July 29, 2016 signed a lease to build and operate the Company’s twelfth Stoney River Steakhouse and Grill to be located in Chapel Hill, NC. This restaurant is currently slated to open early in the first quarter of 2017.

The Company also has two new J. Alexander’s restaurants currently under construction, one in Raleigh, NC, with an anticipated opening date of December 12, 2016, and one in Lexington, KY, with an anticipated opening early in the first quarter of 2017.

Conference Call

The Company will hold a conference call on Monday, November 7, at 10 a.m., Central time, to discuss its financial results for the third quarter and first nine months of 2016. The conference call can be accessed live over the phone by dialing 1-877-407-0789 (Toll-Free) or 1-201-689-8562 (Toll/International). To access the call via the internet, go to J. Alexander’s website at http://investor.jalexandersholdings.com or http://public.viavid.com/index.php?id=121391. A replay of the conference call will be available shortly following the conclusion of the call at http://investor.jalexandersholdings.com and http://public.viavid.com/index.php?id=121391, as well as by dialing 1-844-512-2921 or 1-412-317-6671 and providing the access code 13647096. The replay will be accessible through November 14, 2016 via telephone, and for 30 days on the internet.

About J. Alexander’s Holdings, Inc.

J. Alexander’s Holdings, Inc. is a collection of restaurants that focus on providing high quality food, outstanding professional service and an attractive ambiance. The Company presently operates three complementary restaurant concepts: J. Alexander’s, Redlands Grill and Stoney River Steakhouse and Grill.

J. Alexander’s Holdings, Inc. presently operates 42 restaurants in 14 states. The Company has its headquarters in Nashville, TN.

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Forward-Looking Statements

This press release issued by J. Alexander’s Holdings, Inc. contains forward-looking statements, which include all statements that do not relate solely to historical or current facts, such as statements regarding our expectations, intentions or strategies regarding the future. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected and are subject to a number of known and unknown risks and uncertainties, including the Company’s ability to maintain satisfactory guest count levels and maintain or increase sales and operating margins in its restaurants under varying economic conditions; the effect of higher commodity prices, unemployment and other economic factors on consumer demand; increases in food input costs or product shortages and the Company’s response to them; the number and timing of new restaurant openings and the Company’s ability to operate them profitably; competition within the casual dining industry and within the markets in which our restaurants are located; adverse weather conditions in regions in which the Company’s restaurants are located; factors that are under the control of third parties, including government agencies; as well as other risks and uncertainties described under the headings “Forward-Looking Statements,” “Risk Factors” and other sections of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 30, 2016. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

J. Alexander’s Holdings, Inc.

Mark A. Parkey

Chief Financial Officer

(615) 269-1900

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J. Alexander’s Holdings, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

(Unaudited in thousands, except per share amounts)

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J. Alexander’s Holdings, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

Percentages of Sales (Unaudited)

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J. Alexander’s Holdings, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(Unaudited in thousands)

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J. Alexander’s Holdings, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(Unaudited in thousands)

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J. Alexander’s Holdings, Inc. and Subsidiaries

Adjusted EBITDA Reconciliation

(Unaudited in thousands)

Non-GAAP Financial Measures

Within this press release, we present the following non-GAAP financial measures which we believe are useful to investors as key measures of our operating performance:

We define “Adjusted EBITDA” as net income (loss) before interest expense, income tax expense (benefit), depreciation and amortization, and adding asset impairment charges and restaurant closing costs, loss on disposals of fixed assets, transaction and integration costs, non-cash compensation, loss from discontinued operations, gain on debt extinguishment, pre-opening costs and certain unusual items. Adjusted EBITDA is a non-GAAP financial measure that we believe is useful to investors because it provides information regarding certain financial and business trends relating to our operating results. Adjusted EBITDA does not fully consider the impact of investing or financing transactions as it specifically excludes depreciation and interest charges, which should also be considered in the overall evaluation of our results of operations.

We define “Restaurant Operating Profit” as net sales less restaurant operating costs, which are cost of sales, restaurant labor and related costs, depreciation and amortization of restaurant property and equipment, and other operating expenses. Restaurant Operating Profit is a non-GAAP financial measure that we believe is useful to investors because it provides a measure of profitability for evaluation that does not reflect corporate overhead and other non-operating or unusual costs. “Restaurant Operating Profit Margin” is the ratio of Restaurant Operating Profit to net sales.

Our management uses Adjusted EBITDA and Restaurant Operating Profit to evaluate the effectiveness of our business strategies. We caution investors that amounts presented in accordance with the above definitions of Adjusted EBITDA or Restaurant Operating Profit may not be comparable to similar measures disclosed by other companies, because not all companies calculate these non-GAAP financial measures in the same manner. Adjusted EBITDA and Restaurant Operating Profit should not be assessed in isolation from, or construed as a substitute for, net income or net cash provided by operating, investing or financing activities, each as presented in accordance with GAAP.

A reconciliation of these non-GAAP financial measures to the closest GAAP measure is set forth in the following tables:

Note 1: For purposes of computing Adjusted EBITDA, the $246 and $1,158 for the quarter and nine months ended October 2, 2016, respectively, in non-cash compensation associated with a profits interest grant issued to Black Knight Advisory Services, LLC (“BKAS”) on October 6, 2015 has been included in “Non-cash compensation” above. Additional expenses associated with the Company’s management agreement with BKAS totaling $133 and $451 for the quarter and nine months ended October 2, 2016 are included in general and administrative expenses and have not been included in the reconciliation set forth above.

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J. Alexander’s Holdings, Inc. and Subsidiaries

Restaurant Operating Profit Reconciliation

(Unaudited in thousands)

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J. Alexander’s Holdings, Inc. and Subsidiaries

Reconciliation of Updated Guidance Range for 2016 Adjusted EBITDA

(Unaudited in thousands)

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