earnings
confidence high
sentiment neutral
materiality 0.75
BJ's Restaurants Q3 net loss narrows to $2.9M; revenue up 2.2% to $325.7M
BJs RESTAURANTS INC
2024-Q3 EPS reported
$0.92
revenue$1,012,963,000
- Diluted net loss per share $0.13 vs $0.16 YoY; includes $0.4M pretax leadership transition benefit.
- Total revenues $325.7M (+2.2% YoY); comparable restaurant sales +1.7%.
- Adjusted EBITDA $18.5M vs $19.6M YoY; restaurant margin pressured by higher costs.
- Repurchased ~268,000 shares for $8.2M in Q3; $44M remaining under buyback program.
- Credit agreement amended to replace BSBY with Term SOFR effective Nov 2024.