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.
BJ's Restaurants, Inc. (NASDAQ: BJRI) is a national casual dining brand with brewhouse roots, known for its signature deep-dish pizzas, slow-roasted entrees, wings and world-famous Pizookie® dessert. This news page focuses on company developments that matter to guests, investors and observers of the U.S. restaurant and food service sector.
News about BJ's often highlights menu innovation, especially around its pizza and Pizookie® platforms. Recent announcements have covered seasonal and limited-time Pizookie® flavors such as Dubai Chocolate Pizookie®, Monkey Bread Pizookie® and collaborations like the Butterfinger® Pizookie®, as well as enhancements to the brand’s deep-dish pizza, including changes to dough and toppings inspired by New York, Chicago and Detroit styles.
Investors can also find financial and corporate updates, including quarterly earnings releases, share repurchase authorizations, cooperation agreements with significant shareholders and executive leadership changes such as the appointment of a new chief financial officer. These items are typically communicated through press releases and related SEC filings.
In addition, BJ's news flow includes brand and community initiatives, such as its long-running partnership with No Kid Hungry, which has helped provide the equivalent of 1.5 million meals to children, and participation in industry and investor conferences where management discusses strategy and performance.
For anyone tracking BJRI, this page offers a centralized view of announcements on menu launches, seasonal promotions, philanthropic campaigns, earnings results and investor events. It is a useful starting point for understanding how BJ's evolves its casual-dining and brewhouse concept over time.
BJ's Restaurants, Inc. (NASDAQ: BJRI) has introduced a new dessert called BJ's Monster Pizookie made with M&M'S® Minis, available from April 29, 2021. This new flavor features a warm cookie packed with peanut butter, oats, and chocolate, topped with vanilla bean ice cream and M&M'S® Minis. The launch comes after a year without new Pizookie® flavors and aims to entice customers to celebrate with friends and family. This addition complements BJ's existing lineup of Pizookie® options while being part of the ongoing $3 Pizookie® Daily Brewhouse Special.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) has opened a new restaurant in Merrillville, Indiana, on April 26, 2021, marking its first establishment in northwest Indiana. The restaurant, located in Merrillville Plaza, can accommodate approximately 250 guests and showcases BJ’s full menu, including its famous deep-dish pizza and award-winning handcrafted beer. CEO Greg Trojan expressed excitement about the new location and mentioned plans for another restaurant opening in Lansing, Michigan, in June. The soft opening included community engagement and donations to the Cystic Fibrosis Foundation.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced its Q1 2021 results, with total revenues decreasing by 12.3% to $223.3 million. Comparable restaurant sales fell 13.0%, but the net loss narrowed to $3.1 million from $4.3 million in Q1 2020. Adjusted EBITDA was $12.7 million, down from $15.1 million. The company noted improving sales trends, with March weekly averages rising to $97,300 and April to $102,500. BJ’s plans to expand its restaurant pipeline, indicating confidence in future growth despite pandemic-related challenges.
BJ's Restaurants, Inc. (NASDAQ: BJRI) plans to release its first quarter 2021 financial results on April 22, 2021, after market close. An investor conference call will take place at 2:00 p.m. Pacific Time on the same day, broadcast live on the company's website. BJ's operates 210 casual dining restaurants across 29 states, offering a diverse menu and award-winning handcrafted beers. Currently, one restaurant is temporarily closed due to COVID-19, while the others serve limited capacity dine-in and takeout services, following health protocols.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a net loss of $18.1 million for Q4 2020, compared to net income of $14.5 million in Q4 2019. Total revenues fell 32.3% to $197.0 million, with comparable restaurant sales also declining 32.3%. For the fiscal year, revenues decreased 33.0% to $778.5 million, leading to a net loss of $57.9 million versus net income of $45.2 million in 2019. Despite challenges, recent sales trends in January 2021 show improvement after capacity restrictions were eased.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced a successful $30 million sale of common stock through its at-the-market offering program, an increase of $5 million from the previous offering. The company plans to allocate the net proceeds for working capital, corporate purposes, capital expenditures, and new restaurant expansion. Currently, BJ’s operates 210 restaurants across 29 states, with varying service capabilities due to the COVID-19 pandemic.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced a prospectus supplement to offer shares worth up to $25 million through an "at-the-market" equity offering program. Proceeds will support working capital, capital expenditures, and restaurant expansion while enhancing the balance sheet. Shares will be sold via J.P. Morgan Securities LLC at market prices or through negotiated transactions. The prospectus provides essential details on the ATM Program and associated risks, including those linked to the COVID-19 pandemic. Investors can access documents on the SEC’s website.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported preliminary results for Q4 2020, highlighting a total revenue of $197 million and a comparable restaurant sales decline of 32.3%. Despite challenges from COVID-19 restrictions, weekly sales averaged $70,000 by January 19, 2021, with off-premise sales exceeding pre-pandemic levels. The company anticipates an operating loss of $18-$20 million, including impairment charges between $2.5-$4.5 million. Positive cash flow is expected as restrictions ease, with plans for growth and expansion into new markets.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced participation in the 2020 Stephens Annual Investment Conference on November 18, 2020, at 11:00 a.m. (Eastern). The management will also engage in virtual meetings with institutional investors. Investors can access a live webcast of the discussion on the company’s Investors page, with a replay available afterward. Established in 1978, BJ’s operates 210 casual dining restaurants across 29 states, offering a diverse menu and various dining options. Currently, one restaurant remains temporarily closed due to COVID-19, while others have limited dine-in services.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the appointment of Bina Chaurasia as an independent director to its Board, effective November 6, 2020. Chaurasia, currently the Chief Administrative Officer and Chief People Officer at Tanium, brings extensive human resources experience from companies like Ericsson and Hewlett-Packard. Her addition increases the board's total members to eleven, signaling a commitment to enhancing BJ’s operational and strategic capabilities as it continues to grow its national presence in casual dining.