Financial Strength And Shareholder ValueBJ's Restaurants strengthened its balance sheet by reducing net debt to $35M while also repurchasing $15M worth of stock, retiring approximately 4% of the float year-to-date.
Product Innovation And Customer EngagementThe upcoming nationwide relaunch of BJ's pizza platform is expected to drive traffic and average check, with positive feedback from customer testing.
Traffic And Sales GrowthBJ's Restaurants reported operating results that showed material margin progress and sturdy same-store sales growth, generating upside to both adjusted EPS and adjusted EBITDA estimates.