earnings
confidence high
sentiment negative
materiality 0.70
BJ's Restaurants Q3 revenue up 41.9% to $282.2M; comparable sales down 0.5% vs 2019
BJs RESTAURANTS INC
2021-Q3 EPS reported
$0.04
revenue$795,770,000
- Revenue $282.2M (+41.9% YoY); net loss $2.2M ($0.09 diluted EPS).
- Comparable restaurant sales improved 41.8% vs Q3 2020 but down 0.5% vs Q3 2019.
- Adjusted EBITDA $16.4M; includes $3.1M CARES Act tax credit benefit.
- Staffing challenges from Delta variant; restaurants near 2019 staffing saw mid-single-digit positive comps.
- Plans at least 8 new restaurants in fiscal 2022; two new units outperforming system average.