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BJ's Restaurants, Inc. reports news on its company-owned casual dining restaurant business in the United States. Updates center on quarterly and annual results, comparable restaurant sales, guest traffic, restaurant-level operating profit, adjusted EBITDA, financial outlooks and share repurchase activity.
The company also issues restaurant-brand announcements for BJ's Restaurant & Brewhouse, including menu additions tied to its deep-dish pizzas, slow-roasted entrees, wings, proprietary handcrafted beers and Pizookie dessert platform. News commonly covers limited-time food launches, earnings call schedules and operating priorities for the national casual dining brand.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a 10.3% increase in total revenues to $311.3 million for Q3 2022, with comparable restaurant sales up 8.9%. Despite improvements, the company faced a net loss of $1.6 million, showing progress from a $2.2 million loss in Q3 2021. The adjusted EBITDA decreased to $15.2 million from $16.4 million. BJ's has opened a new restaurant in Las Vegas and plans two more openings, aiming for at least 425 locations long-term. The company has resumed share repurchases, buying back 91,000 shares in Q3.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the opening of its new restaurant in Las Vegas on October 11, 2022. Located in the Rainbow Shopping Center, this 7,500-square-foot facility accommodates approximately 250 guests, featuring a diverse menu that includes deep-dish pizza and handcrafted beers. This marks BJ's sixth restaurant in Nevada and fourth in Las Vegas this year, part of its ongoing expansion strategy. The restaurant will operate from 11:00 a.m. to 11:00 p.m. on weekdays and until midnight on weekends, offering a contemporary dining experience.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will announce its third quarter 2022 results on October 20, 2022, after market close. An investor conference call is scheduled for 2:00 p.m. Pacific Time, which will be available for live listening via the Company’s website. BJ’s, founded in 1978, operates 214 casual dining restaurants across 29 states, offering a diverse menu including slow-roasted entrees and craft beers. For more information, visit BJ's Restaurants.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will participate in the 5th Annual Wells Fargo Consumer Conference on September 21, 2022. Management plans to conduct a series of institutional investor meetings throughout the day at the Ritz-Carlton Laguna Niguel in Dana Point, California. Founded in 1978, BJ's operates 214 casual dining restaurants across 29 states, offering a diverse menu that includes slow-roasted entrees, signature pizzas, and award-winning handcrafted beers.
BJ's Restaurants is launching two new promotions to celebrate its Pizookie® dessert. Starting August 29, the Pizookie® Pass will be available for $10, allowing passholders to enjoy a Pizookie® daily throughout September. From October 1, all Pizookies® will be offered for just $5 for dine-in guests. The promotion aims to enhance customer engagement and capitalize on the growing demand for Pizookie® desserts. BJ's has a diverse Pizookie® menu, with options available for $4 every Tuesday. This initiative aligns with the brand's goal to satisfy dessert lovers across its 214 locations.
BJ's Restaurants, Inc. (NASDAQ: BJRI) announced a partnership with DailyPay to offer on-demand pay to its team members, enhancing their financial wellness. This benefit allows employees to access their earned wages immediately after shifts, improving budgeting capabilities, as reported by 85% of users. BJ's aims to remain competitive in the job market, as restaurants with such benefits reportedly hire twice as fast. The partnership underscores BJ's commitment to its workforce of over 22,000 employees across 214 restaurants in 29 states.
BJ's Restaurants, Inc. (NASDAQ: BJRI) has reintroduced its popular Peanut Butter S'mores Pizookie as fans requested. Available starting August 4, 2022 for a limited time at all locations, this dessert features a Ghirardelli triple chocolate cookie topped with peanut butter, toasted marshmallows, and vanilla bean ice cream. The Pizookie is part of BJ's extensive dessert offerings, which include various flavors available for a $4 Daily Brewhouse Special every Tuesday. The company emphasizes customer feedback as a driving force in its menu decisions.
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.