Welcome to our dedicated page for Bjs Restaurant news (Ticker: BJRI), a resource for investors and traders seeking the latest updates and insights on Bjs Restaurant stock.
Stay informed about developments affecting BJ's Restaurants, Inc. (BJRI), a national casual dining chain operating over 200 restaurant locations across 31 states. The company's business combines full-service restaurant operations with craft beer brewing, making it sensitive to various factors impacting both the restaurant industry and consumer spending patterns.
News coverage relevant to BJ's Restaurants typically includes quarterly earnings reports, same-store sales performance, new restaurant openings, menu innovations, and operational initiatives. Given the company's dual focus on food service and craft brewing, news may also cover beer program expansions, brewing awards, and beverage industry developments. Information about management changes, strategic partnerships, or shifts in corporate strategy can significantly impact investor perception of the company's direction.
The casual dining industry faces ongoing evolution, making industry-wide trends particularly relevant to BJ's Restaurants. News about consumer spending patterns, delivery platform dynamics, labor market conditions, food cost inflation, and competitive developments all provide context for understanding the operating environment. Changes in consumer preferences regarding dining occasions, value expectations, or beverage choices can influence traffic patterns and sales performance across the restaurant chain.
Monitoring news related to BJ's Restaurants helps investors understand both company-specific developments and broader industry trends that may affect business performance. Key areas to watch include traffic and sales trends, unit-level economics, expansion plans, operational efficiency initiatives, and how the company adapts to changing consumer behavior in the casual dining segment.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a significant increase in financial performance for Q4 and fiscal 2021, with total revenues rising 47.8% to $291.3 million and a net loss reduced to $4.7 million, compared to $18.1 million in Q4 2020. Fiscal 2021 revenues reached $1.1 billion, up 39.6%, with a net loss of $3.6 million, down from $57.9 million in the previous year. Adjusted EBITDA for Q4 was $13.7 million, and for the fiscal year, it was $70.5 million. CEO Greg Levin expressed confidence in future growth plans, targeting up to eight new restaurant openings in 2022.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the release of its fourth quarter and fiscal year 2021 results scheduled for February 17, 2022, after market close. An investor conference call will follow at 2:00 p.m. Pacific Time, available via the Company’s website. This marks an important date for stakeholders as it will provide insights into the company's financial performance and future outlook.
BJ's Restaurants, Inc. (NASDAQ: BJRI) has appointed Julius W. Robinson, Jr. as an independent director on its Board, effective January 28, 2022. Robinson currently serves as Chief Sales & Marketing Officer for Marriott in the U.S. and Canada, bringing nearly three decades of hospitality experience. His appointment increases the board's total members to thirteen. CEO Greg Levin expressed confidence that Robinson's expertise in marketing and sales will contribute significantly as BJ's aims to enhance its national brand and dining experience.
BJ's Restaurants, Inc. (NASDAQ: BJRI) has launched a new lunch menu priced at just $10 to provide affordable dining options amid rising inflation. The menu features fan-favorite items like Italian Chicken Parmesan and Spaghetti and BJ's Loaded Burgers, all emphasizing value without compromising taste. Customers can also enjoy BJ's Handcrafted Signature Beers for $4. This initiative aims to enhance value for customers looking for reliable and satisfying meals during challenging economic times, reinforcing BJ's commitment to customer satisfaction.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced participation in two investor conferences. The first is the Deutsche Bank Gaming, Lodging, Leisure & Restaurants One-on-One Conference on November 22, 2021, with one-on-one video meetings starting at 11:05 am (Eastern), which will not be webcast. The second is the Stephens Annual Investment Conference on December 2, 2021, at 8:00 am (Central), featuring a fireside chat and meetings with institutional investors at Omni Nashville Hotel. The fireside chat will also be webcast and available for replay on the company’s investors page.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a 41.9% revenue increase to $282.2 million for Q3 2021, compared to Q3 2020. The company posted a net loss of $2.2 million, a reduction from $6.6 million a year earlier, with diluted loss per share decreasing from $0.30 to $0.09. Adjusted EBITDA rose to $16.4 million from $6.6 million. However, staffing challenges and COVID-19-related impacts resulted in a 0.5% decline in comparable sales versus 2019. BJ's plans to open at least eight new restaurants in fiscal 2022 as it focuses on growth despite ongoing industry challenges.
BJ's Restaurants, Inc. (NASDAQ: BJRI) will announce its third quarter 2021 financial results after market close on October 21, 2021. An investor conference call is scheduled for the same day at 2:00 p.m. (Pacific), which will be available for live streaming on the company's website. Established in 1978, BJ's operates 212 casual dining restaurants across 29 states, offering a diverse menu including prime rib, signature deep dish pizza, and award-winning handcrafted beers. For more information, visit http://www.bjsrestaurants.com.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced its participation at the 4th Annual Wells Fargo Consumer Conference on September 22, 2021. Management will hold a series of institutional investor meetings at the Ritz-Carlton Laguna Niguel in Dana Point, California.
Founded in 1978, BJ’s operates 212 casual dining restaurants across 29 states, offering a diverse menu including slow-roasted entrees and their famous Pizookie® dessert. With a focus on craft beer, BJ’s has been a leader in the brewing industry since 1996, serving handcrafted beers and high-quality meals.
BJ's Restaurants, Inc. (NASDAQ: BJRI) has introduced a new limited-time dessert, the Sweet Cinnamon Apple Pizookie®. This seasonal offering features a warm cinnamon cookie with spiced apple pieces and caramel bits, topped with vanilla bean ice cream and caramel. Available from September 2, this dessert can be enjoyed daily and is part of the $3 Pizookie® Daily Brewhouse Special every Tuesday. BJ's aims to enhance the dessert experience for its guests while showcasing their signature Pizookie® lineup.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a strong financial performance for Q2 2021, with total revenues soaring by 126.7% to $290.3 million compared to Q2 2020. The company achieved a net income of $6.4 million, rebounding from a net loss of $29.0 million the previous year. Diluted earnings per share reached $0.26, compared to a loss of $1.38 in Q2 2020. Despite ongoing challenges from the pandemic, BJ's saw improvements in comparable restaurant sales, which decreased by 6% compared to Q2 2019. The company opened two new locations and plans to open up to 10 restaurants in fiscal 2022.
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