BJ's Restaurants, Inc. (BJRI)

In the second quarter of fiscal year 2025, BJ's demonstrated strong performance with comparable sales and traffic growth. However, the third-quarter earnings report missed analyst forecasts, leading to a stock price decline. Despite the miss, the company reported a year-over-year sales increase and same-store sales growth for Q3 2025. BJ's repurchased shares of its common stock and the Board of Directors approved an increase in the share repurchase program. Improving operational efficiency, margin expansion, and positive traffic growth were highlighted, driven by initiatives like the Pizookie Meal Deal. The stock price increased from January 3, 2025 to January 9, 2026.

The restaurant industry, including BJ's Restaurants, Inc., experiences fluctuations in sales and customer traffic throughout the year due to seasonality. Restaurants tend to have higher sales volumes during the summer months and the slowest months are typically from November to January. BJ's Restaurants actively manages this seasonality by offering seasonal Pizookie treats and other product launches to drive traffic, particularly during the fourth quarter.

BJ's Restaurants, Inc. is a casual dining restaurant chain in the United States, founded in 1978. The company offers a broad menu of approximately 100 items, including signature deep-dish pizzas, the proprietary Pizookie dessert, handcrafted burgers, and a craft beer program. Revenue is generated through dine-in, takeout, delivery, and catering.

BJ's Restaurants, Inc. operates over 200 full-service restaurants across 31 states in the United States. As of December 10, 2025, there were 217 locations. The states with the highest concentration of BJ's Restaurants are California (59 locations), Texas (37 locations), and Florida (22 locations). The company's headquarters is located in Huntington Beach, California.

BJ's Restaurants, Inc. has focused on initiatives that have positively impacted its brand reputation. The company has reported sustained improvement in guest satisfaction scores and team member retention. Its strategic emphasis on a value platform has been successful in driving positive traffic growth and enhancing brand resonance. Management also announced plans to launch a refreshed pizza platform in November 2025.

BJ's Restaurants, Inc. is a publicly traded company with its ownership structure heavily weighted towards institutional investors including Vanguard Group Inc and BlackRock, Inc.. Significant individual owners of BJ's Restaurants, Inc. include James Dal Pozzo and William H. Tilley.