BJ's Restaurants, Inc. filings document the reporting obligations of a California-based public restaurant operator with common stock listed on Nasdaq. Its 8-K filings cover operating results, financial outlooks, comparable restaurant sales, non-GAAP restaurant metrics, share repurchase activity and material corporate events.
The company's proxy and governance filings address director elections, executive compensation, equity awards, shareholder voting matters and board-related disclosures. Other filings describe executive appointments, compensatory arrangements, material agreements, cooperation-agreement provisions, standstill and voting terms, capital-structure matters and risk-related disclosure for its company-owned full-service restaurant business.
BJ’s Restaurants, Inc. reported Q1 2026 revenue of $358.1M, up 2.9% from Q1 2025, driven by 2.4% comparable restaurant sales growth from higher guest traffic and slightly higher average checks. Net income declined to $9.0M from $13.5M, and diluted EPS fell to $0.41 from $0.58, reflecting higher labor, depreciation, and asset impairment costs.
Restaurant-level cost of sales, labor, and occupancy all increased in dollars, with cost of sales and labor also rising slightly as a percentage of revenue, while occupancy leveraged modestly on lower marketing spend. Depreciation and amortization rose sharply, including a $2.7M catch-up adjustment, and loss on disposal and impairment of assets increased to $1.7M.
Operating cash flow strengthened to $43.0M from $4.6M, mainly due to accounts payable timing around an ERP implementation. The company ended the quarter with $22.7M in cash, $62.0M drawn on its $215M credit facility, and repurchased about 0.2M shares for $5.3M, leaving $87.9M authorized for further buybacks.
BJ’s Restaurants, Inc. reported fiscal first quarter 2026 revenue of $358.1 million, up 2.9% from the prior year, driven by 2.4% comparable restaurant sales growth and a 2.2% increase in guest traffic. Restaurant level operating profit was $57.2 million with a 16.0% margin.
GAAP net income declined to $9.0 million, or $0.41 diluted EPS, versus $13.5 million and $0.58 a year earlier, reflecting higher depreciation, impairment and other costs. However, adjusted diluted EPS was $0.57 and Adjusted EBITDA rose 6.8% to $37.7 million.
The company repurchased about 151,000 shares for roughly $5.3 million and ended March 31, 2026 with $22.7 million in cash, $62.0 million of total debt and $372.5 million of shareholders’ equity. Management reiterated its 2026 outlook, including 1%–3% comparable sales growth and Adjusted EBITDA of $140–$150 million.
BJ's Restaurants Inc ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 1,946,043 shares of Common Stock, representing 9.18% of the class as of 03/31/2026. The filer reports sole dispositive power over 1,946,043 shares and sole voting power over 13,290 shares. The filing states these holdings include shares held for Vanguard funds and managed accounts; cash‑flow and resale authority remain with Vanguard entities listed in the statement.
BJ’s Restaurants, Inc. is asking shareholders to elect eight directors, approve 2025 executive compensation on an advisory basis, and ratify KPMG LLP as independent auditor at its June 11, 2026 annual meeting in Huntington Beach, California.
The record date is April 13, 2026, covering 21,019,486 common shares entitled to one vote each. The proxy describes board independence (seven of eight directors), committee structure, a new Finance Committee created in March 2026, director pay and stock ownership guidelines, ESG and human capital initiatives, and major shareholders owning more than 5% of the stock.
BJ’s Restaurants, Inc. appointed Ashley A. Van as Senior Vice President and Principal Accounting Officer effective May 11, 2026, under a new letter agreement outlining her pay and severance terms. Van will receive a base salary of $340,000, a target annual bonus equal to at least 55% of salary, and a $50,000 signing bonus paid in two installments over her first year.
Subject to Compensation Committee approval, she will also receive a new-hire equity award with a grant date fair value of $300,000, vesting in three annual installments beginning July 15, 2027, split equally between restricted stock units and non-qualified stock options. The company expects to grant her 2027 long-term equity incentives with a target value of $180,000 under its 2024 Equity Incentive Plan. If BJ’s terminates her without cause or she resigns for Good Reason, she is eligible for severance of six to twelve months of salary plus employer COBRA contributions. Effective May 11, 2026, CFO J. Todd Wilson will cease serving as Principal Accounting Officer.
BJ's Restaurants Inc: The Vanguard Group filed Amendment No. 15 to a Schedule 13G/A and reports 0 shares beneficially owned of BJ's Restaurants Inc common stock, representing 0% of the class. The filing notes an internal realignment of Vanguard entities effective January 12, 2026 and is signed on March 26, 2026.
Ronald M. Shaich and Act III entities filed Amendment No. 7 to their Schedule 13D on BJ's Restaurants, Inc. The filing reports open‑market purchases on March 20, 2026 of 78,382 shares of common stock at a weighted average price of $34.9203 per share.
After these transactions, BJ's Act III, LLC and Act III Holdings, LLC each report beneficial ownership of 1,786,545 shares, or 8.1% of the common stock, while Shaich reports 1,936,825 shares, or 8.8%. The filing also notes an existing cooperation agreement that caps Act III parties’ beneficial ownership at 2,091,011 shares of common stock.
BJ's Restaurants Inc. shareholder group led by Ronald M. Shaich reported increased ownership of the company’s common stock. Shaich is shown as beneficially owning 1,858,443 shares, or 8.4% of the common stock, based on 22,074,136 shares including warrant shares.
The filing details open-market purchases on multiple dates in March 2026, including 77,268 shares on March 12, 2026 at a weighted average price of $34.3160 per share. A cooperation agreement amendment extends a standstill to June 30, 2027, limiting the Act III parties and affiliates from exceeding 2,091,011 shares without consent.
BJ's Restaurants EVP & Chief Information Officer Brian S. Krakower reported an open-market sale of 2,600 shares of common stock on March 17, 2026 at a weighted average price of $35.03 per share. The shares were sold in multiple trades between $34.98 and $35.11 per share. Following the sale, he directly holds 5,062 shares, including 4,667 unvested restricted stock units.