BJ's Restaurants Q4 revenue up 47.8% to $291.3M; net loss narrows; EVP retiring

BJs RESTAURANTS INC

2021-FY EPS reported -$0.16 revenue$1,087,038,000

Q4 2021 revenue $291.3M (+47.8% YoY); comparable sales +45.6%. Net loss $4.7M ($0.20/sh) vs $18.1M loss.
Fiscal 2021 revenue $1.1B (+39.6%); net loss $3.6M ($0.16/sh) improved from $57.9M loss.
Adjusted EBITDA Q4 $13.7M vs $2.4M; full year $70.5M vs $10.3M.
EVP of Operations Lon Ledwith retiring May 2022; Christopher Pinsak (SVP Ops) to assume operating responsibilities.
Targeting 8 new restaurants in FY2022; believes domestic capacity is at least 425 locations.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Lon Ledwith

Executive Vice President of Operations

BJRI · BJs RESTAURANTS INC

Successor: Christopher P. Pinsak
Filed: February 17, 2022, 6:59 PM ET

On February 15, 2022, Lon Ledwith, Executive Vice President of Operations of BJ's Restaurants, Inc. notified the Company that he has decided to retire after over 18 years of service to the Company.

Role change

Christopher P. Pinsak

Senior Vice President of Operations

BJRI · BJs RESTAURANTS INC

Filed: February 17, 2022, 6:59 PM ET

Upon Mr. Ledwith’s retirement, Christopher P. Pinsak will assume the principal operating officer responsibilities for the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lon Ledwith departed as Executive Vice President of Operations at BJs RESTAURANTS INC.

Action: retire
Role: Executive Vice President of Operations

Exact text from the filing

On February 15, 2022, Lon Ledwith, Executive Vice President of Operations of BJ's Restaurants, Inc. notified the Company that he has decided to retire after over 18 years of service to the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.85

Christopher P. Pinsak changed role as Senior Vice President of Operations at BJs RESTAURANTS INC.

Action: assume principal operating officer responsibilities
Role: Senior Vice President of Operations

Exact text from the filing

Upon Mr. Ledwith’s retirement, Christopher P. Pinsak will assume the principal operating officer responsibilities for the Company.

View on SEC.gov

BJs RESTAURANTS INC filing history →

Source: SEC EDGAR

accession 0001171843-22-001134

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