BJ's Restaurants (BJRI)
NASDAQ:BJRI
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.83Last Year’s EPS
0.97Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple signs of positive momentum: consecutive quarters of traffic and sales growth, margin expansion, outperformance vs. Black Box benchmarks, product wins (burgers, pizza, Pizookies), improved guest and team metrics, and meaningful debt reduction. Headwinds (weather, commodity inflation — especially beef — workers' compensation driven labor costs, limited check expansion in Q1, and one-time depreciation) are manageable and are being addressed through menu updates, pricing actions, operational improvements, and phased marketing reinvestment. Given the balance of durable operational improvements, margin progress, product momentum, and a clear development roadmap against transitory/moderate cost pressures, the tone is constructive.Company Guidance
Consecutive Growth Streak
Seventh consecutive quarter of sales and traffic growth and sixth consecutive quarter of profit dollar growth and EBITDA margin expansion, demonstrating sustained momentum.
Same-Store Sales and Traffic
Comparable restaurant sales increased 2.4% driven by 2.2% traffic growth and a 0.2% increase in average check for Q1; traffic-led growth indicates rising guest frequency.
Outperformance vs. Casual Dining Benchmark
BJ's outperformed Black Box casual dining benchmarks by ~120 basis points on sales and ~400 basis points on traffic in Q1, and beat the benchmark by 3.3% on a company-wide basis for the quarter.
Profitability and Margin Expansion
Restaurant-level operating profit rose to $57.2 million (+$1.6 million YoY) with restaurant-level operating margins at 16%. Adjusted EBITDA increased to $37.7 million from $35.4 million, a $2.4 million increase, and adjusted EBITDA margin expanded 30 basis points to 10.5%.
Revenue Growth
Total revenue for the quarter was $358.1 million, up 2.9% year-over-year.
Marketing Efficiency
Delivered Q1 results with roughly 20% lower media spend year-over-year while keeping full-year marketing as a percentage of sales flat; marketing shifted tactically into Q2 to support celebration season.
Menu and Product Momentum
New product initiatives showing strong results: Smashburger launch (June 2025) drove ~30% higher burger sales vs. prior, pizza introduction up ~20% in category sales, successful seasonal Pizookies driving dessert and traffic gains, and positive tests for chicken sandwich renovations and a premium Wagyu burger (system rollout planned into Q3).
Guest and Team Metrics Improvement
Net Promoter Score improved roughly 10% since Q3 2024; team member retention and trailing 12-month turnover are trending positively and are ~12+ percentage points better than Black Box industry benchmarks.
Strong Cash Deployment and Balance Sheet Moves
Generated significant free cash flow in Q1 and deployed it to $15.8 million of capital expenditures (including five remodels), repurchased ~151,000 shares for $5.3 million, and repaid $23 million of debt. Net funded debt fell to $39.3 million from $61.2 million at the end of 2025.
Unit Development Progress
Prototype work progressing with two planned openings later this year (Buckeye, AZ and Joliet, IL) and a growth roadmap that targets mid-single-digit openings next year ramping toward double-digit openings by 2028, with pre-opening cost expectations of roughly $700,000 per opening.
BJRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BJRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $38.28 | $40.05 | +4.62% |
Feb 25, 2026 | $40.88 | $40.03 | -2.08% |
Oct 30, 2025 | $28.69 | $33.96 | +18.37% |
Jul 31, 2025 | $35.43 | $34.17 | -3.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BJ's Restaurants (BJRI) report earnings?
BJ's Restaurants (BJRI) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is BJ's Restaurants (BJRI) earnings time?
BJ's Restaurants (BJRI) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BJRI EPS forecast?
BJRI EPS forecast for the fiscal quarter 2026 (Q2) is 0.83.
