BJ's Restaurants reports Q1 revenue $341.3M (+14.2% YoY), net income $3.5M vs $1.5M

BJs RESTAURANTS INC

2023-Q1 EPS reported $0.15 revenue$341,280,000

Net income $3.5M ($0.15 diluted EPS) vs $1.5M ($0.06) in prior year.
Total revenues $341.3M, up 14.2%; comparable restaurant sales +9.0%.
Restaurant margins improved 280 bps to 12.6%; adjusted EBITDA $25.0M vs $13.2M.
Plans to open 5 new restaurants in 2023, remodel over 30 (14 completed YTD).
Long-term target of at least 425 restaurants, currently over 200 units.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BJs RESTAURANTS INC reported first quarter ended April 4, 2023 results: revenue $341.3 million.

Period: first quarter ended April 4, 2023
Revenue: $341.3 million
Result: reported results

Exact text from the filing

Total revenues increased 14.2% to $341.3 million

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Source: SEC EDGAR

accession 0001171843-23-002640

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