Dreams Come True on June 27 with the $4.99/mo. Pizookie Pass™—a Perfect Way for Guests to Enjoy a Special New Twist on the Beloved S'mores Pizookie® and Eight Other Signature Flavors Graham Cracker S'mores Pizookie® The New Graham Cracker S'mores Pizookie® is even s'more fun this year and will leave fanatics craving one all season long. A Ghirardelli® triple chocolate cookie topped with graham cracker crumbles, gooey perfectly toasted marshmallows, two scoops of rich vanilla bean ice cream, and even more gr ...

BJRI focuses on its culinary strategy and guest satisfaction to drive growth. The company's culinary strategy inclines toward familiarity and quality, resulting in improved operational metrics such as faster service times and higher social sentiment scores compared to the previous year. Initiatives like the gracious hospitality program, including new server scripting, have led to enhanced hospitality scores and laid the groundwork for a newly rolled-out service model. The model optimizes server-to-table rat ...

The restaurant industry faces a myriad of challenges as it moves into 2024. Global consumer pressures and elevated day-to-day spending have significantly affected the quick-service restaurant sector. With consumers becoming more discerning with their dollars, the industry feels the strain of higher operational costs and fluctuating demand. Despite these hurdles, the restaurant industry's resilience and strategic planning highlight a promising future. Industry players are emphasizing on comprehensive consume ...

Investors in BJ's Restaurants, Inc. (BJRI) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $20 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? What do the Analysts Think? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually re ...

HUNTINGTON BEACH, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- BJ's Restaurants, Inc. (NASDAQ:BJRI) announced today that management will be participating in a fireside chat at the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference on Tuesday, June 11, 2024, at approximately 1:30 p.m. (Eastern). BJ's Management will also meet with institutional investors. A live webcast of the presentation will be available on the "Investors" page of the Company's website located at https://investors.bjsrestaurant ...

BJ's Restaurants, Inc. (BJRI) has seen a 16.3% increase in its shares over the past six months, outperforming the industry's stagnant growth, thanks to its focus on menu innovation, expansion initiatives, remodeling projects and strong digitalization efforts. Recently, the company reported first-quarter fiscal 2024 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. Greg Levin, BJ's Restaurants' CEO and president, noted that the company's impressive quarterly performance reflects ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended April 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______ Commission file number 0-21423 BJ'S RESTAURANTS, INC. (Exact name of registrant as specified in its charter) Indicate by check mark w ...

helen89 Introduction Before we start breaking down BJ's (NASDAQ:BJRI) first quarter 2024 results, I would like to highlight that this is an analysis intended to place greater emphasis on short-term operational patterns. Therefore, if you are interested in a more complete analysis, which aims to closely investigate both profitability, capital structure and other factors, I recommend reading my latest analysis of BJ's. For those who remember, I recommended "Buy" in my last review of BJ's Restaurants, mainly e ...

BJ's Restaurants, Inc. (NASDAQ:BJRI) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Rana Schirmer - Director, SEC External Reporting Greg Levin - President & CEO Thomas Houdek - CFO & SVP Conference Call Participants Alex Slagle - Jefferies Andrew Wolf - C.L. King & Associates Aisling Grueninger - Piper Sandler & Co. Nick Setyan - Wedbush Securities Sharon Zackfia - William Blair & Company Todd Brook - The Benchmark Company Operator Good afternoon, and welcome to the BJ's Resta ...

Revenue and Sales Performance - Total revenues decreased by 1.2% to $337.3 million in Q1 2024 compared to Q1 2023[24] - Comparable restaurant sales declined by 1.7% in Q1 2024[18] Profitability and Margins - Net income increased to $7.7 million in Q1 2024, up from $3.5 million in Q1 2023[24] - Adjusted EBITDA rose to $29.4 million in Q1 2024, compared to $25.0 million in Q1 2023[22] - Restaurant level operating margin improved to 15.0% in Q1 2024, a 240 basis point increase from Q1 2023[27] Expansion and Development - The company opened its 217th restaurant in Brookfield, Wisconsin, marking its first location in the state[14] - The company plans to open two additional restaurants in the second half of 2024 and is building a development pipeline for 2025 and beyond[14] - By the end of 2024, approximately half of the company's restaurants are expected to feature a newer prototype or recent remodel[14] Debt and Cash Position - Total debt decreased to $58.0 million in Q1 2024 from $68.0 million in Q1 2023[6] - Cash and cash equivalents stood at $18.8 million as of April 2, 2024, down from $29.1 million at the start of the year[6] Non-GAAP Financial Measures - The company reports non-GAAP financial results, including restaurant level operating margin, which excludes certain operating costs and is used as a supplemental measure of restaurant performance[30] - Restaurant level operating margin is calculated as revenues less direct operating costs (cost of sales, labor and benefits, and occupancy and operating costs)[30] - Adjusted EBITDA is another non-GAAP financial measure used by the company[32] - A reconciliation of income from operations to restaurant level operating margin for Q1 2024 and Q1 2023 is provided[37] - A reconciliation of net income to Adjusted EBITDA for Q1 2024 and Q1 2023 is provided[38] - Non-GAAP measures are not a substitute for GAAP measures and may differ from those used by other companies[28] - Management believes non-GAAP measures like restaurant level operating margin highlight core business trends not apparent in GAAP measures[30] Operational and Financial Reporting Details - The company operates through dine-in, take-out, delivery, and large party catering services[33] - Financial data is presented in thousands of dollars[35] - Percentages in the financial data represent percent of total revenues and may not reconcile due to rounding[34]