Bjs Restaurant Stock Price, News & Analysis

BJ's Restaurants (NASDAQ: BJRI) has appointed Lyle D. Tick as CEO and President, effective June 5, 2025. Tick, who previously served as President and Chief Concept Officer since September 2024, succeeds Interim CEO Brad Richmond, who will transition to Special Advisor to the CEO while maintaining his Board position. Under Tick's leadership, the company has focused on team member experience, handcrafted food and beverages, and hospitality. Prior to BJ's, Tick held executive positions at On the Border Mexican Grill & Cantina and Buffalo Wild Wings, where he led successful brand revitalization efforts. Additionally, the company announced that CFO Thomas A. Houdek will resign effective June 20, 2025, to pursue opportunities outside the restaurant industry.

BJ's Restaurants (NASDAQ: BJRI) reported strong Q1 2025 financial results, with total revenues increasing 3.2% to $348.0 million and comparable restaurant sales rising 1.7%. The company's diluted net income per share grew 79.8% to $0.58, while adjusted diluted net income per share increased 68.6% to $0.59. Restaurant level operating profit rose 10.1% to $55.6 million, with margins improving by 100 basis points to 16.0%. Notably, BJ's outperformed industry metrics with a 2.7% traffic improvement, beating the Black Box industry average by 320 basis points. The company repurchased approximately 404,000 shares for $14.1 million and raised its 2025 outlook, projecting comparable restaurant sales growth of 2-3% and planning share repurchases of $45-55 million.

BJ's Restaurant & Brewhouse (NASDAQ: BJRI) has announced a new partnership with Mars to launch the SNICKERS® Pizookie®, available starting April 17, 2025. This new dessert offering features BJ's signature Pizookie® stuffed with SNICKERS® candy, topped with vanilla ice cream, chocolate cone coating, caramel sauce, and SNICKERS® pieces.

The launch follows the successful reintroduction of their Fryckle Pizookie® and comes after the company considered but ultimately rejected the idea of a Broccoli Cheddar Pizookie®. According to Heidi Rogers, senior vice president of marketing, the decision to collaborate with SNICKERS® was driven by the desire to create a shareable, celebratory dessert experience. The new SNICKERS® Pizookie® will be available for dine-in only at all BJ's locations while supplies last.

BJ's Restaurants (NASDAQ: BJRI) has scheduled its first quarter 2025 earnings release for Thursday, May 1, 2025, after market close. The company will hold an investor conference call at 2:00 p.m. Pacific Time on the same day.

The conference call will be accessible via live webcast on the 'Investors' section of BJ's Restaurants' website. Interested participants should register and download necessary audio software several minutes before the call begins. A recording of the presentation will remain available on the website for 30 days following the call.

BJ's Restaurant & Brewhouse (NASDAQ: BJRI) has announced the launch of its new Broccoli Cheddar Pizookie®, available starting April 17, 2025. Following the success of their Fryckle Pizookie®, this innovative menu item features a cheddar and broccoli-infused cookie base topped with melted cheddar, steamed broccoli, and two scoops of mashed potatoes.

The -time offering represents BJ's continued push for unconventional flavor combinations in their signature Pizookie® line. According to Heidi Rogers, Senior Vice President of Marketing, the new item aims to combine comfort food elements in an unexpected way while making vegetable consumption more appealing.

BJ's Restaurants (NASDAQ: BJRI) has expanded its presence in Arizona with the opening of a new restaurant in Queen Creek on March 24, 2025. The new BJ's Restaurant & Brewhouse location, situated on Ellsworth Road at Queen Creek Crossing, spans approximately 7,000 square feet and can accommodate 240 guests.

The restaurant features the brand's complete menu offerings, including their signature deep-dish pizza, handcrafted beer, and Pizookie® dessert. Operating hours are 11:00 a.m. to 11:00 p.m. Monday through Thursday, 11:00 a.m. to midnight Friday and Saturday, and 11:00 a.m. to 10:00 p.m. on Sundays.

This marks BJ's eighth location in Arizona, joining seven other high-performing restaurants in the market. Prior to the grand opening, the restaurant held a community event where a portion of food and alcohol sales proceeds, along with voluntary donations, were contributed to the BJ's Restaurants Foundation.

BJ's Restaurants (BJRI) reported its Q4 and fiscal 2024 results, showing notable growth in key metrics. Q4 total revenue increased 6.4% to $344.3 million, with comparable restaurant sales up 5.5%. The company reported a Q4 diluted net loss per share of $0.23, compared to net income of $0.34 in Q4 2023, though adjusted diluted net income per share rose 5.1% to $0.47.

For fiscal 2024, total revenues grew 1.8% to $1.4 billion with comparable sales up 1.2%. Restaurant level operating profit increased 10% to $195.6 million, while Adjusted EBITDA rose 12.8% to $117.1 million. The company repurchased approximately 757,000 shares for $25.1 million during 2024.

Looking ahead to 2025, BJ's projects comparable restaurant sales growth of 2-3%, restaurant level operating profit of $205-215 million, and Adjusted EBITDA of $127-137 million. The Board approved a $50 million increase to the share repurchase program, with $83 million now available.

BJ's Restaurants (NASDAQ: BJRI) has announced its schedule for the release of fourth quarter and fiscal year 2024 financial results. The company will disclose its earnings after market close on Thursday, February 20, 2025. Following the release, BJ's will host an investor conference call at 1:30 p.m. Pacific Time. The call will be accessible via live webcast on the company's website under the 'Investors' section, with a 30-day archive available afterward.

BJ's Restaurants (NASDAQ: BJRI) has announced a cooperation agreement with Act III Holdings, and affiliates of Ronald M. Shaich. The agreement includes Act III's commitment to support the Board, Brad Richmond (Interim CEO), and Lyle Tick (President and Chief Concept Officer) in developing and executing BJ's strategic vision.

Ron Shaich, Managing Partner and CEO of Act III, founder of Panera Bread Company and Chair of Cava Group, expressed strong support for BJ's new leadership appointments and their strategy for growth and value creation. The agreement includes customary standstill provisions, voting commitments, and related terms, with full details filed with the SEC on Form 8-K.