secwatch.observer — SEC 8-K summary
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Issuer:     BJs RESTAURANTS INC (BJRI)
CIK:        0001013488
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001171843-23-002640
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013488/000117184323002640/0001171843-23-002640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013488/000117184323002640/f8k_042723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002640

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