BJ's Restaurants Q2 revenue $349.7M, EPS $0.50 vs $0.01; margin 14.5%

BJs RESTAURANTS INC

2023-Q2 EPS reported $0.64 revenue$690,950,000

Total revenues $349.7M (+6.1% YoY), comp sales +4.7%; net income $11.9M vs $0.3M.
Diluted EPS $0.50 vs $0.01; Adjusted EBITDA $31.8M vs $23.4M.
Restaurant-level operating margin 14.5% (+260 bps YoY); surpassed $25M cost savings target.
Opened second new restaurant in San Antonio; plan five new restaurants in 2023; remodeling 35-40 locations.
Long-term target of at least 425 restaurants; current count over 200 in 30 states.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

BJs RESTAURANTS INC updated its fiscal 2023 second quarter ended Tuesday, July 4, 2023 guidance (reaffirmed).

Period: fiscal 2023 second quarter ended Tuesday, July 4, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On July 27, 2023, BJ’s Restaurants, Inc., a California corporation (the “Registrant” or the “Company”), announced its financial results for the second quarter ended July 4, 2023. The press release issued by the Registrant in connection with the announcement is attached to this report as Exhibit 99.1.

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Source: SEC EDGAR

accession 0001171843-23-004737

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