secwatch.observer — SEC 8-K summary
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Issuer:     BJs RESTAURANTS INC (BJRI)
CIK:        0001013488
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001171843-22-002703
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Restaurants Q1 revenue up 33.8% to $298.7M, swings to net income of $1.5M
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- Total revenues $298.7M (+33.8% YoY); comp restaurant sales +33.9%. Net income $1.5M ($0.06 EPS) vs net loss $3.1M (-$0.14).
- Adjusted EBITDA $13.2M vs $12.7M. Weekly sales improved from $96K (Jan) to $118K (Mar) with mid-single-digit positive comp in April.
- Opened two new restaurants; five under construction; on track for up to eight new units in 2022. Two pilot remodels expanding capacity.
- Long-term strategy targets ~425 restaurants and $2B sales, up from current 213 locations.
- Management cites strong sales momentum, improved staffing, and off-premise sales double pre-pandemic levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013488/000117184322002703/0001171843-22-002703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013488/000117184322002703/f8k_042122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002703

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer