Core Insights - BJ's Restaurants reported revenue of $344.34 million for the quarter ended December 2024, a year-over-year increase of 6.4% [1] - The EPS for the same period was $0.47, compared to $0.34 a year ago, indicating a significant improvement [1] - The reported revenue exceeded the Zacks Consensus Estimate of $337.4 million by 2.06%, and the EPS surpassed the consensus estimate of $0.35 by 34.29% [1] Performance Metrics - Comparable restaurant sales increased by 5.5%, outperforming the average estimate of 3.8% from seven analysts [4] - The number of restaurants remained stable at 218, matching the average estimate from six analysts [4] - Restaurant operating weeks totaled 2,834, slightly above the average estimate of 2,833 based on four analysts [4] Stock Performance - Shares of BJ's Restaurants returned +2.1% over the past month, compared to a +2.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

BJ's Restaurants (BJRI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.29%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.03 per share when it actually produced a loss of $0.13, delivering a surprise of -533.33%.Over the last four quarters, th ...

Fiscal Fourth Quarter 2024 Compared to Fourth Quarter 2023, as applicable Fiscal 2024 Compared to Fiscal 2023, as applicable EXHIBIT 99.1 BJ's Restaurants, Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2024 Results Provides 2025 Financial Outlook; Announces $50 Million Increase in Share Repurchase Authorization HUNTINGTON BEACH, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- BJ's Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for its fiscal 2024 fourth quarter and year ended Tuesday, Dece ...

Financial Performance - The company reported a 6.4% increase in revenue for Q4 2024, totaling $344.3 million, and a 1.8% increase in total revenue for fiscal 2024, reaching $1.4 billion [5][8] - Comparable restaurant sales increased by 5.5% in Q4 2024 and 1.2% for the fiscal year [5][8] - Adjusted EBITDA for Q4 2024 was $33.1 million, a 21.1% increase from $27.3 million, and for the fiscal year, it was $117.1 million, marking a 12.8% increase from $103.8 million [5][8] Profitability Metrics - The diluted net loss per share for Q4 2024 was $0.23, down from a diluted net income per share of $0.34 in Q4 2023 [8] - Adjusted diluted net income per share increased by 5.1% to $0.47 in Q4 2024, compared to $0.45 in Q4 2023 [8] - Restaurant level operating profit was $52.9 million in Q4 2024, a 13.8% increase, with a margin of 15.4%, up 100 basis points year-over-year [5][8] Share Repurchase Program - The company repurchased approximately 234,000 shares for about $8.0 million in Q4 2024 and a total of approximately 757,000 shares for about $25.1 million during the fiscal year [9][8] - An increase of $50 million in the share repurchase authorization was announced, with approximately $83 million remaining available under the program as of February 20, 2025 [9] 2025 Financial Outlook - For fiscal 2025, the company anticipates comparable restaurant sales growth of 2% to 3%, restaurant level operating profit between $205 million to $215 million, and Adjusted EBITDA of $127 million to $137 million [14]

The restaurant industry continues to navigate a dynamic environment shaped by digital transformation, shifting consumer preferences and economic headwinds. Companies in the broader Retail-Wholesale sector, such as Shake Shack Inc. (SHAK) , BJ's Restaurants, Inc. (BJRI) and Texas Roadhouse, Inc. (TXRH) , are set to report their fourth-quarter earnings on Feb. 20.See the Zacks Earnings Calendar to stay ahead of market-making news.The restaurant industry is likely to have experienced notable gains from marketi ...

HUNTINGTON BEACH, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced that it will release its fourth quarter and fiscal year 2024 results after the market closes on Thursday, February 20, 2025. The Company will host an investor conference call at 1:30 p.m. (Pacific) that same day. The conference call will be broadcast live over the Internet. To listen to the conference call, please visit the “Investors” page of the Company’s website located at http://www.bjsresta ...

Company Overview - BJ's Restaurants, Inc. is a national brand with a focus on craft brewing and a diverse menu that includes slow-roasted entrees, signature deep-dish pizza, and the famous Pizookie® dessert [2] - The company has been recognized for its beverage program, winning the 2024 Vibe Vista Award for Best Overall Beverage Program for Multi-Unit Chain Restaurants [2] - Founded in 1978, BJ's operates over 200 casual dining restaurants across 31 states, offering dine-in, take-out, delivery, and catering services [2] Upcoming Financial Results - BJ's Restaurants will release its fourth quarter and fiscal year 2024 results after market close on February 20, 2025 [1] - An investor conference call will be held on the same day at 1:30 p.m. Pacific Time, which will be broadcast live over the Internet [1] - The presentation will be available for 30 days following the call for those who wish to access it later [1]

Core Insights - BJ's Restaurants, Inc. has entered into a cooperation agreement with Act III Holdings, LLC and Ronald M. Shaich, aimed at supporting the company's strategic vision and growth [1][2] - Ron Shaich, known for founding Panera Bread, expressed confidence in BJ's new leadership and their strategic direction, emphasizing collaboration to achieve company goals [2] - Act III Holdings is an investment vehicle focused on building market-leading restaurant and entertainment companies, with BJ's as one of its portfolio investments [4] Company Overview - BJ's Restaurants, Inc. operates over 215 casual dining restaurants across 31 states, offering a diverse menu that includes slow-roasted entrees, signature deep-dish pizza, and the famous Pizookie® dessert [3] - The company has been recognized for its beverage program, winning the 2024 Vibe Vista Award for Best Overall Beverage Program for Multi-Unit Chain Restaurants [3] - BJ's prides itself on high-quality ingredients, bold flavors, and a contemporary dining atmosphere, with services including dine-in, take-out, delivery, and catering [3] Act III Holdings Overview - Act III Holdings, LLC is led by Ronald M. Shaich and focuses on investing in emerging restaurant and entertainment sectors, aiming to create dominant brands in niche markets [4] - The firm leverages industry-specific insights to support its portfolio companies, which include Cava Group and Tatte Bakery & Café, in addition to BJ's [4]

Shares of BJ's Restaurants, Inc. (BJRI) have gained 28.9% in the past three months compared with the industry’s 10% growth. The company has been benefitting from solid Pizookie Meal Deal performance and loyalty program membership expansion. Also, the focus on cost-saving and margin expansion plans bodes well. However, increased food cost inflation and uncertainty regarding discretionary spending are concerning.BJRI's Growth CatalystsBJ’s Restaurants has implemented several sales-building initiatives to driv ...

HUNTINGTON BEACH, Calif., Nov. 13, 2024 /PRNewswire/ -- This holiday season, BJ's Restaurants, Inc. (NASDAQ: BJRI) raises a glass to a milestone: 25 years of brewing its iconic Grand Cru beer. Originally created in 1999 to mark the dawn of the new millennium, Grand Cru has since become a symbol of BJ's dedication to quality and innovation. Known for its complex flavors and festive appeal, it has garnered widespread acclaim as a seasonal favorite, capturing the spirit of celebration and the excitement of ent ...