earnings
confidence high
sentiment neutral
materiality 0.65
BJ's Restaurants Q3 revenue up 10.3% to $311.3M; net loss narrows to $1.6M
BJs RESTAURANTS INC
2022-Q3 EPS reported
$0.00
revenue$939,774,000
- Total revenues $311.3M (+10.3% YoY); comparable restaurant sales +8.9%.
- Net loss of $1.6M ($0.07 diluted loss) vs $2.2M loss ($0.09) in Q3 2021.
- Adjusted EBITDA $15.2M, down from $16.4M; prior year included $3.1M ERTC benefit.
- Repurchased ~91K shares for $2.4M; $22.1M remains under buyback program.
- Two new restaurants planned in Q4; two delayed to Q1 2023; long-term target 425 locations.