Bjs Restaurant Stock Price, News & Analysis

BJ’s Restaurants, Inc. (NASDAQ: BJRI) has opened a new restaurant in Charlotte, North Carolina, on March 28, 2022. This location, spanning 7,500 square feet and seating up to 250 guests, features BJ’s full menu, including deep-dish pizza and award-winning beers. CEO Greg Levin expressed excitement over this expansion, noting it as the first of the year, following two previous openings in North Carolina in 2016. Upcoming openings in San Antonio, Texas, and Boston, Massachusetts, are also anticipated. The community was invited to a soft opening benefiting the Cystic Fibrosis Foundation.

BJ's Restaurants, Inc. (NASDAQ: BJRI) announced that CEO Greg Levin and CFO Tom Houdek will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 8, 2022, at 11:40 a.m. (Pacific). Additionally, the management team will engage in one-on-one meetings at the event, which will take place at Encore at Wynn Las Vegas, Nevada. A live webcast of the presentation will be available on the company's Investors page, with a replay accessible afterward.

BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a significant increase in financial performance for Q4 and fiscal 2021, with total revenues rising 47.8% to $291.3 million and a net loss reduced to $4.7 million, compared to $18.1 million in Q4 2020. Fiscal 2021 revenues reached $1.1 billion, up 39.6%, with a net loss of $3.6 million, down from $57.9 million in the previous year. Adjusted EBITDA for Q4 was $13.7 million, and for the fiscal year, it was $70.5 million. CEO Greg Levin expressed confidence in future growth plans, targeting up to eight new restaurant openings in 2022.

BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced the release of its fourth quarter and fiscal year 2021 results scheduled for February 17, 2022, after market close. An investor conference call will follow at 2:00 p.m. Pacific Time, available via the Company’s website. This marks an important date for stakeholders as it will provide insights into the company's financial performance and future outlook.

BJ's Restaurants, Inc. (NASDAQ: BJRI) has appointed Julius W. Robinson, Jr. as an independent director on its Board, effective January 28, 2022. Robinson currently serves as Chief Sales & Marketing Officer for Marriott in the U.S. and Canada, bringing nearly three decades of hospitality experience. His appointment increases the board's total members to thirteen. CEO Greg Levin expressed confidence that Robinson's expertise in marketing and sales will contribute significantly as BJ's aims to enhance its national brand and dining experience.

BJ's Restaurants, Inc. (NASDAQ: BJRI) has launched a new lunch menu priced at just $10 to provide affordable dining options amid rising inflation. The menu features fan-favorite items like Italian Chicken Parmesan and Spaghetti and BJ's Loaded Burgers, all emphasizing value without compromising taste. Customers can also enjoy BJ's Handcrafted Signature Beers for $4. This initiative aims to enhance value for customers looking for reliable and satisfying meals during challenging economic times, reinforcing BJ's commitment to customer satisfaction.

BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced participation in two investor conferences. The first is the Deutsche Bank Gaming, Lodging, Leisure & Restaurants One-on-One Conference on November 22, 2021, with one-on-one video meetings starting at 11:05 am (Eastern), which will not be webcast. The second is the Stephens Annual Investment Conference on December 2, 2021, at 8:00 am (Central), featuring a fireside chat and meetings with institutional investors at Omni Nashville Hotel. The fireside chat will also be webcast and available for replay on the company’s investors page.

BJ’s Restaurants, Inc. (NASDAQ: BJRI) reported a 41.9% revenue increase to $282.2 million for Q3 2021, compared to Q3 2020. The company posted a net loss of $2.2 million, a reduction from $6.6 million a year earlier, with diluted loss per share decreasing from $0.30 to $0.09. Adjusted EBITDA rose to $16.4 million from $6.6 million. However, staffing challenges and COVID-19-related impacts resulted in a 0.5% decline in comparable sales versus 2019. BJ's plans to open at least eight new restaurants in fiscal 2022 as it focuses on growth despite ongoing industry challenges.

BJ's Restaurants, Inc. (NASDAQ: BJRI) will announce its third quarter 2021 financial results after market close on October 21, 2021. An investor conference call is scheduled for the same day at 2:00 p.m. (Pacific), which will be available for live streaming on the company's website. Established in 1978, BJ's operates 212 casual dining restaurants across 29 states, offering a diverse menu including prime rib, signature deep dish pizza, and award-winning handcrafted beers. For more information, visit http://www.bjsrestaurants.com.