secwatch.observer — SEC 8-K summary
======================================

Issuer:     BJs RESTAURANTS INC (BJRI)
CIK:        0001013488
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001171843-24-000834
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Restaurants reports Q4 2023 net income of $8.1M, full-year net income of $19.7M
--------------------------------------------------------------------------------

- Q4 2023 revenues decreased 6.0% to $323.6M due to one less week; adjusted EBITDA was $27.3M.
- Full-year 2023 net income $19.7M versus $4.1M in 2022; diluted EPS $0.82 versus $0.17.
- Comparable restaurant sales increased 0.6% in Q4 (13 weeks) and 3.7% for full year (52 weeks).
- Board approved $50M increase in share repurchase program; approximately $61M now available.
- Opened five new restaurants in 2023, closed five underperformers; expects three new restaurants in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013488/000117184324000834/0001171843-24-000834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013488/000117184324000834/f8k_021524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000834

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