earnings
confidence high
sentiment negative
materiality 0.75
BJ's Restaurants Q2 revenue $329.7M (+13.6% YoY), net income $0.3M; diluted EPS $0.01
BJs RESTAURANTS INC
2022-Q2 EPS reported
$0.07
revenue$628,426,000
- Net income $0.3M vs $6.4M a year ago; diluted EPS $0.01 vs $0.26.
- Adjusted EBITDA $23.4M vs $27.7M; comparable restaurant sales +11.7% YoY, +4.8% vs Q2 2019.
- Inflationary pressures curtailed margin expansion; additional menu price increases planned for August.
- Opened 2 new restaurants in Q2; expects up to 5 more in H2 2022, total 214 locations.
- July period-to-date comparable weekly sales +4.0% vs 2019; hired >6,000 team members.