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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 announced its participation in the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference on June 11, 2024. Management will partake in a fireside chat at 1:30 p.m. Eastern time and meet with institutional investors. A live webcast of the presentation will be available on the company’s investor page, with an archived replay accessible post-event.
BJ’s Restaurants, Inc. reported a 1.2% decrease in total revenues for the first quarter of fiscal year 2024 compared to the same quarter in 2023. Despite a decline in comparable restaurant sales by 1.7%, the net income increased to $7.7 million from $3.5 million. Adjusted EBITDA also rose to $29.4 million from $25.0 million. The company's CEO expressed confidence in the business's growth and productivity initiatives, highlighting the opening of a new restaurant in Wisconsin and plans for additional openings in 2024. BJ’s Restaurants aims to enhance operating efficiencies with a new prototype and remodel initiative to attract new guests.
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