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 introduces the new Brewhouse Homegating Pack for football season, offering fans an at-home tailgating experience. Priced at $64.95, the package includes a large deep dish pizza, family-sized chips & dip, two sharable appetizers, and a choice of a 64-ounce growler of BJ's Handcrafted Signature Beer or a non-alcoholic beverage. Available for take-out or delivery, the offering aims to recreate the excitement of game day in a year of changes. The packs are available daily through BJ's website or app, supporting the return of social connections during football games.
BJ’s Restaurants, Inc. (BJRI) reported a significant 28.6% decrease in total revenues to $198.9 million for Q3 2020 compared to Q3 2019. The company also faced a net loss of $6.6 million, a stark contrast to the $3.7 million net income from the previous year. Despite these challenges, BJ’s experienced a sequential improvement in weekly sales, rising from $60,000 in July to $80,000 per restaurant by September's end. With 87% of dining rooms currently open, the brand aims to expand to at least 425 restaurants in the long term.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the opening of a new restaurant in Orange Village, Ohio, on October 19, 2020. This 7,500 square-foot location can seat approximately 230 guests and features BJ's extensive menu, including deep-dish pizza and handcrafted beer. This marks the company's second and final opening for fiscal 2020, following a strategy delay due to the COVID-19 pandemic. Greg Trojan, CEO, expressed excitement about the opening and the strong pipeline for future restaurants. The restaurant also engaged the community with a soft opening event benefiting the Cystic Fibrosis Foundation.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced it will release its Q3 2020 results on October 22, 2020, after market close. An investor conference call is scheduled for the same day at 2:00 p.m. Pacific Time, accessible via the Company's website. Despite challenges from the COVID-19 pandemic, which has led to temporary closures and limited services at some locations, BJ's continues to operate 208 restaurants across 29 states. The Company's focus on quality dining experiences and proprietary craft beer remains central to its brand.
BJ's Restaurants, Inc. (NASDAQ: BJRI) announces participation of CEO Greg Trojan and CFO Greg Levin in a virtual fireside chat at CL King's 18th Annual Best Ideas Conference on September 16, 2020, at 11:45 a.m. PDT. The management will also conduct virtual meetings with institutional investors. Founded in 1978, BJ's operates 209 casual dining restaurants across 29 states, providing a varied menu including slow-roasted entrees, signature deep dish pizza, and award-winning craft beers. Currently, dine-in service is limited at 208 locations due to the pandemic.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will host its 2020 Annual Meeting of Shareholders on September 2, 2020, at 9:00 a.m. PDT via virtual format due to COVID-19 concerns. Shareholders of record as of July 9, 2020, can participate and vote online. Attendance will be limited to select executives and directors. The company encourages shareholders to vote in advance through proxy materials. For additional details on participation, refer to the proxy materials filed with the SEC.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a 57.5% drop in total revenues to $128 million for Q2 2020, amid COVID-19's impact. This resulted in a net loss of $29 million, compared to a net income of $14.2 million a year prior. Comparable restaurant sales declined by 57.2%, with a diluted net loss per share of $1.38. Despite challenges, the company managed to achieve average weekly off-premise sales of over $30,000 per restaurant, eventually improving to about $75,000 by late June. BJ's expects to open one new restaurant by Q4 2020, maintaining confidence in its long-term growth strategy.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) will release its second quarter 2020 results on July 23, 2020, after market closure. An investor conference call is scheduled for the same day at 2:00 p.m. Pacific Time. The call will be available for live streaming via the Company’s Investor page, with an archive accessible for 30 days post-event. BJ’s offers a diverse menu, including signature dishes and proprietary brews, operating 209 casual dining restaurants across 29 states. Dine-in service is currently affected by COVID-19 restrictions.
BJ’s Restaurants (NASDAQ: BJRI) reports ongoing progress in recovering from COVID-19, with sales improving as dining rooms reopen. Currently, 178 restaurants in 24 states are operating, with expectations to reach 208. Despite second-quarter comparable sales declining by approximately 64% through June 9, weekly sales showed recovery, reaching 70% of prior year levels in reopened locations. Off-premise sales remain robust at over 70% of pre-pandemic levels. The CEO noted encouraging early results from reopened dining rooms, leading to optimism about returning to positive cash flow.
BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported Q1 2020 results amid the COVID-19 pandemic, with total revenues decreasing by 12.4% to $254.6 million. Comparable restaurant sales fell 15.5%, with a significant 40.4% decline during the last five weeks of the quarter. The company incurred a net loss of $4.3 million, equating to a diluted net loss per share of $0.22. Despite challenges, BJ’s is optimistic about long-term growth, having opened a new restaurant in Massachusetts and planning to resume expansion to 425 locations once conditions improve. Currently, 27% of restaurants are reopening with safety protocols.