Welcome to our dedicated page for BJ's Restaurants news (Ticker: BJRI), a resource for investors and traders seeking the latest updates and insights on BJ's Restaurants stock.
BJ's Restaurants, Inc. (NASDAQ: BJRI) is a renowned chain of casual dining restaurants primarily located in the United States. Founded in 1978, BJ's has grown to own and operate over 200 restaurants in 30 states, offering a diverse and innovative menu that appeals to a wide range of tastes.
The company’s menu features a unique blend of Southern California flair with Chicago-style deep-dish pizza, complemented by their award-winning handcrafted beers brewed both in their own facilities and by independent third-party brewers. Notable items include their slow-roasted entrees like prime rib, the EnLIGHTened Entrees® such as Cherry Chipotle Glazed Salmon, and their world-famous dessert, the Pizookie®.
BJ's Restaurants takes pride in their community involvement and social responsibility. Recently, they partnered with Hav A Sole to donate shoes to children in need across the country, underscoring their commitment to making a positive impact beyond their dining rooms. This collaboration aims to provide necessary footwear to underprivileged kids and foster a sense of hope and community.
Financially, BJ's has continued to show resilience and growth. They have invested significantly in enhancing their beverage program, which led to them receiving the 2024 Vibe Vista Award for Best Overall Beverage Program for Multi-Unit Chain Restaurants. Their efforts in beverage innovation have resulted in an 8% increase in beverage sales in 2023, outperforming targeted competitors in the Beverage – Alcohol Sentiment category.
For investors, BJ's financial health is bolstered by their strategic capital expenditures and share repurchase programs. They also provide detailed reconciliations of GAAP financial measures to non-GAAP adjusted financial measures, including Adjusted EBITDA, which offers a clearer picture of their operating performance.
Whether you are looking for a casual dining experience with a touch of craft excellence or an investment opportunity in a growing and socially responsible company, BJ's Restaurants, Inc. offers a compelling proposition.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a 13.6% increase in total revenues to $329.7 million for the second quarter of 2022 compared to 2021. Comparable restaurant sales rose 11.7%, but net income fell to $0.3 million from $6.4 million the previous year, with diluted EPS decreasing to $0.01 from $0.26. Adjusted EBITDA stood at $23.4 million, down from $27.7 million. The company opened a restaurant in San Antonio and Framingham, expanding total locations to 214. Challenges from inflation were noted, with plans for menu price increases and margin improvement initiatives.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will release its second quarter 2022 results on July 21, 2022, after market close. The company plans to host an investor conference call at 2:00 p.m. Pacific Time the same day, which will be available to the public via their website. BJ’s operates 214 casual dining restaurants across 29 states, offering a diverse menu including signature dishes and award-winning handcrafted beers.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will participate in a virtual fireside chat at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference on June 14, 2022, at 1:30 p.m. (Eastern). Management will also engage with institutional investors virtually. A live webcast of the presentation will be available on the Company's 'Investors' page at https://investors.bjsrestaurants.com, with a replay accessible later. Founded in 1978, BJ's operates 214 casual dining restaurants across 29 states, offering a diverse menu and exceptional service.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the opening of its new restaurant in Framingham, Massachusetts, on May 16, 2022. This location features approximately 7,500 square feet, seating for 250 guests, and a menu that includes the signature deep-dish pizza and award-winning handcrafted beers. CEO Greg Levin expressed excitement about the new opening, marking the second location in Massachusetts, after North Attleboro's success. BJ's aims to open five more restaurants in the latter half of 2022.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced strong financial results for Q1 2022, with total revenues increasing by 33.8% to $298.7 million. Comparable restaurant sales rose 33.9%, while net income reached $1.5 million, significantly improving from a loss of $3.1 million in Q1 2021. The diluted earnings per share stood at $0.06, up from a loss of $0.14. The company is on track to open up to eight new restaurants this year, with two already opened. The CEO highlighted the ongoing sales momentum and effective strategies to manage inflationary pressures.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the opening of its new restaurant in Live Oak, Texas, on April 18, 2022. This location spans approximately 7,500 square feet, seats 250 guests, and offers an extensive menu featuring signature items like deep-dish pizza and Pizookie® dessert. CEO Greg Levin expressed optimism about the restaurant's launch and highlighted plans for further expansion, including another opening in Framingham, Massachusetts. The company also hosted a soft opening event to engage the community and raise funds for the Cystic Fibrosis Foundation.
BJ's Restaurants, Inc. (NASDAQ: BJRI) will announce its first quarter 2022 financial results on April 21, 2022, after market close. An investor conference call is scheduled for 2:00 PM Pacific the same day, available via the Company's website. BJ's operates 212 casual dining restaurants across 29 states, offering a diverse menu that includes signature dishes and award-winning craft beers. Founded in 1978, BJ's prides itself on high-quality ingredients, a contemporary atmosphere, and exceptional service.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) has opened a new restaurant in Charlotte, North Carolina, on March 28, 2022. This location, spanning 7,500 square feet and seating up to 250 guests, features BJ’s full menu, including deep-dish pizza and award-winning beers. CEO Greg Levin expressed excitement over this expansion, noting it as the first of the year, following two previous openings in North Carolina in 2016. Upcoming openings in San Antonio, Texas, and Boston, Massachusetts, are also anticipated. The community was invited to a soft opening benefiting the Cystic Fibrosis Foundation.
BJ's Restaurants, Inc. (NASDAQ: BJRI) announced that CEO Greg Levin and CFO Tom Houdek will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 8, 2022, at 11:40 a.m. (Pacific). Additionally, the management team will engage in one-on-one meetings at the event, which will take place at Encore at Wynn Las Vegas, Nevada. A live webcast of the presentation will be available on the company's Investors page, with a replay accessible afterward.
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.
FAQ
What is the current stock price of BJ's Restaurants (BJRI)?
What is the market cap of BJ's Restaurants (BJRI)?
What does BJ's Restaurants, Inc. do?
Where is BJ's Restaurants, Inc. located?
What is BJ's Restaurants, Inc. known for?
What recent community initiatives has BJ's Restaurants, Inc. been involved in?
What awards has BJ's Restaurants, Inc. won recently?
How has BJ's Restaurants, Inc. improved its beverage offerings?
What financial measures does BJ's Restaurants, Inc. use to report performance?
Does BJ's Restaurants, Inc. offer catering services?
When was BJ's Restaurants, Inc. founded?
How can I learn more about BJ's Restaurants, Inc.?
