BJs RESTAURANTS INC SEC 10-Q Report

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2025.11.05 17:33
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BJ's Restaurants Inc. has released its latest Form 10-Q report, showing improved financial performance with total revenues of $330.2 million, a 1.4% increase from the previous year. The company reported a net income of $0.465 million, a turnaround from a net loss of $(2.927) million last year. BJ's plans to expand its restaurant openings in 2026 and remodel existing locations, aiming to enhance shareholder returns through strategic growth initiatives. The report highlights operational efficiency and a positive outlook for future growth.

BJ's Restaurants Inc., a prominent player in the casual dining industry, has released its latest Form 10-Q report, highlighting significant improvements in financial performance and operational efficiency. The report covers the company's financial and business activities for the recent quarter, showcasing a positive turnaround in earnings and strategic initiatives aimed at future growth.

Financial Highlights

  • Total Revenues: $330.2 million, increased by 1.4% from the prior year period primarily due to sales from new restaurants.
  • (Loss) Income from Operations: $(0.997) million, compared to $(2.608) million in the prior year period, reflecting improved operational efficiency.
  • Net Income: $0.465 million, compared to a net loss of $(2.927) million in the prior year period, driven by lower commodity costs and effective cost savings initiatives.
  • Net Income Per Share - Basic: $0.02, compared to $(0.13) in the prior year period, reflecting improved profitability.
  • Net Income Per Share - Diluted: $0.02, compared to $(0.13) in the prior year period, indicating a positive turnaround in earnings.

Business Highlights

  • Revenue Segments: BJ's Restaurants' revenues are primarily derived from food and beverage sales, including takeout, delivery, and catering. The company also generates revenue from its guest loyalty program and gift card sales, which are recognized upon redemption.
  • Geographical Performance: BJ's Restaurants operates 219 locations across 31 states in the United States. The company continues to focus on expanding its presence within the U.S. market.
  • Sales Units: The company reported an increase in guest traffic by approximately 2.2% during the thirty-nine weeks ended September 30, 2025, contributing to the overall revenue growth.
  • New Production Launches: BJ's Restaurants plans to accelerate restaurant openings in 2026, with two new restaurant openings planned for the second half of the year. The company also plans to remodel approximately 20 existing locations in fiscal 2025.
  • Future Outlook: BJ's Restaurants aims to improve total shareholder return through a balanced approach of new restaurant expansion, enhancements to existing restaurants, and share repurchase programs. The company expects to fund its capital expenditures with cash flows from operations and its line of credit, maintaining a flexible balance sheet to manage industry risks.

SEC Filing: BJs RESTAURANTS INC [ BJRI ] - 10-Q - Nov. 05, 2025