BJS Restaurants

Q2 FY2026 EarningsBJRI Q2 FY26 results were mixed, with a top-line beat but significant margin compression. Revenue of $388.9M exceeded the $377.1M consensus, driven by an 8.3% increase in guest traffic. However, Normalized EPS of $0.86 (calculated from GAAP net income) missed the $0.896 consensus, primarily due to commodity inflation in beef and a $2.7M catch-up depreciation adjustment. Operating profit of $18.4M fell short of the $21.2M expectation as cost of sales rose to 25.5% of revenue.