BJ’s(BJRI)

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BJ's Restaurants Q1 Earnings & Revenues Beat Estimates, Stock Gains
ZACKS· 2025-05-02 13:21
BJ's Restaurants, Inc. (BJRI) reported solid first-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom lines increased on a year-over-year basis.Following the results, the company’s shares gained 6.6% during the post-market trading session yesterday. Positive investor sentiments were witnessed as BJRI provided a better-than-expected outlook for 2025. Management also increased expectations for capital returns to its shareholders, citing the str ...
Here's What Key Metrics Tell Us About BJ's Restaurants (BJRI) Q1 Earnings
ZACKS· 2025-05-02 00:05
Core Insights - BJ's Restaurants reported revenue of $347.97 million for the quarter ended March 2025, reflecting a 3.2% increase year-over-year [1] - The company's EPS was $0.59, significantly higher than $0.32 in the same quarter last year, indicating a strong performance [1] - BJ's revenue slightly exceeded the Zacks Consensus Estimate of $347.94 million, resulting in a surprise of +0.01% [1] - The EPS surprise was notable at +47.50%, compared to the consensus estimate of $0.40 [1] Financial Performance Metrics - Comparable restaurant sales increased by 1.7%, which was below the average estimate of 2.1% from seven analysts [4] - The total number of restaurants remained at 219, matching the six-analyst average estimate [4] - Restaurant operating weeks totaled 2,835, slightly below the average estimate of 2,837 from four analysts [4] - Only one new restaurant was opened, consistent with the two-analyst average estimate of 1 [4] Stock Performance - Over the past month, BJ's Restaurants' shares have returned -7.1%, compared to a -0.7% 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) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-01 22:40
BJ's Restaurants (BJRI) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 47.50%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.35 per share when it actually produced earnings of $0.47, delivering a surprise of 34.29%.Over the last four quarters, th ...
BJ’s(BJRI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 22:02
BJ's Restaurants (BJRI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Rana Schirmer - Director of SEC ReportingBradford Richmond - Interim CEO and DirectorLyle Tick - President and Chief Concept OfficerThomas Houdek - Senior VP & CFOJon Tower - Director & Equity Research - Consumer & Restaurants Conference Call Participants Alexander Slagle - Stock AnalystBrian Bittner - Senior Equity Analyst - RestaurantsJeffrey Bernstein - Equity Research AnalystSharon Zackfia - Partner & Head of Con ...
BJ’s(BJRI) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:00
BJ's Restaurants (BJRI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon and welcome to the BJ's Restaurants First Quarter twenty twenty five Earnings Release Conference Call. All participants will be in listen only mode. Please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. Please note this event is being recorde ...
BJ’s(BJRI) - 2026 Q1 - Quarterly Results
2025-05-01 20:02
Financial Performance - Total revenues for fiscal Q1 2025 increased by 3.2% to $348.0 million compared to $337.3 million in Q1 2024[8] - Diluted net income per share was $0.58, reflecting a 79.8% increase from $0.32 in the previous year[8] - Adjusted diluted net income per share increased by 68.6% to $0.59 from $0.35[8] - Net income for the first quarter ended April 1, 2025, was $13,492 thousand, a 3.9% increase from $7,723 thousand or 2.3% in the prior year[32] - Adjusted net income for the first quarter ended April 1, 2025, was $13,623 thousand, up 3.9% from $8,317 thousand or 2.5% in the same quarter of 2024[28] Operating Metrics - Comparable restaurant sales rose by 1.7%, with a traffic improvement of 2.7%, outperforming the Black Box industry average by 320 basis points[6] - Restaurant level operating profit reached $55.6 million, a 10.1% increase, with a margin improvement of 100 basis points to 16.0%[8] - Restaurant level operating profit increased to $55,590 thousand, representing 16.0% of total revenues, compared to $50,502 thousand or 15.0% in the previous year[31] EBITDA and Guidance - Adjusted EBITDA was $35.4 million, up 20.3% from $29.4 million[8] - Adjusted EBITDA for the first quarter ended April 1, 2025, was $35,350 thousand, representing 10.2% of total revenues, compared to $29,392 thousand or 8.7% for the same period in 2024[32] - Adjusted EBITDA guidance for fiscal 2025 is set between $131 million and $140 million[13] Share Repurchase and Expenses - The company repurchased approximately 404,000 shares at a cost of $14.1 million, with $72 million remaining under the share repurchase program[7] - General and administrative expenses were $21,752 thousand, accounting for 6.3% of total revenues, slightly down from $22,997 thousand or 6.8% in the prior year[31] Future Projections - The company anticipates comparable restaurant sales growth of 2% to 3% for fiscal 2025[13] - Projected restaurant level operating profit for fiscal 2025 is between $210 million and $219 million[13] Other Financial Information - The diluted weighted average number of shares outstanding decreased to 23,284 thousand from 23,965 thousand year-over-year[28] - The company reported a loss on disposal and impairment of assets of $173 thousand for the first quarter ended April 1, 2025, compared to $784 thousand in the same quarter of 2024[32] - Interest expense for the first quarter was $1,230 thousand, consistent with $1,411 thousand in the prior year[32] - The tax effect of adjustments for the first quarter was based on an annual statutory tax rate of 24.2%[30]
BJ’s Restaurants, Inc. Reports Fiscal First Quarter 2025 Results
GlobeNewswire· 2025-05-01 20:02
Raises Annual Earnings Outlook and Share Repurchase RangeHUNTINGTON BEACH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for its fiscal 2025 first quarter ended Tuesday, April 1, 2025. Fiscal First Quarter 2025 Compared to First Quarter 2024 Total revenues increased 3.2% to $348.0 millionComparable restaurant sales increased 1.7%Diluted net income per share was $0.58, an increase of 79.8% from $0.32Adjusted diluted net income per share(1) wa ...
3 Stocks to Watch as Restaurant Sales See Biggest Jump in Two Years
ZACKS· 2025-04-28 13:05
The U.S. restaurant industry put up a great show in 2024 and sales have been climbing steadily this year too amid ongoing price pressures. According to the Commerce Department’s retail sales report, sales at U.S. restaurants jumped in March, surpassing expectations.Restaurant sales grew almost every month last year but unexpectedly fell in February 2025. However, the industry made a solid turnaround to get back to winning ways. Also, the economic scenario is looking better over the past few days, with infla ...
BJ's Restaurants (BJRI) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-04-24 15:09
BJ's Restaurants (BJRI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 1, 2025, might help the stock move higher if these key numbers are better than e ...
BJ's Restaurant & Brewhouse Gets 'Nutty' and Partners with Mars to Launch the New SNICKERS® Pizookie®
Prnewswire· 2025-04-17 12:30
Starting April 17, guests can enjoy BJ's signature dessert stuffed with SNICKERS® and topped with vanilla ice cream, chocolate cone coating, caramel sauce and SNICKERS® pieces.HUNTINGTON BEACH, Calif., April 17, 2025 /PRNewswire/ -- BJ's Restaurant & Brewhouse (NASDAQ: BJRI) is back, baby—and this time, we've come to our senses. Turns out, hunger really can make you do crazy things, like seriously considering a Broccoli Cheddar Pizookie®. But then we had a SNICKERS®—and everything clicked, a SNICKERS® Pizoo ...