BJ's Restaurants, Inc. (BJRI)

BJ's Restaurants reported mixed first-quarter results for fiscal 2026, with revenue exceeding expectations but adjusted earnings per share missing the analyst consensus. The company achieved its seventh consecutive quarter of comparable sales and traffic growth. The company reported its fiscal fourth quarter and full fiscal year 2025 results. BJ's Restaurant & Brewhouse launched a new premium Wagyu Burger, contributing to a gain in BJRI stock. New Pizookie flavors were introduced to generate guest interest. During Q1 2026, BJ's repurchased shares of common stock, with plans for further repurchases during fiscal 2026. There have been recent changes in the finance leadership, including the appointment of a new Executive Vice President and Chief Financial Officer.

The restaurant industry experiences seasonal fluctuations, with sales increasing during warmer months from May through September due to tourism. Sales often slow down in the winter months, particularly January and February. Restaurants adapt their menus to seasonality, incorporating fresh, in-season produce. BJ's frequently introduces seasonal Pizookie flavors and specialty pizzas to generate interest.

BJ's Restaurants, Inc. is a national casual dining brand established in 1978, operating full-service restaurants under names like BJ's Restaurant & Brewery. The company offers a broad menu including pizzas, entrees, and the Pizookie dessert, and has been involved in craft brewing since 1996. All locations provide dine-in, take-out, delivery, and catering services.

BJ's Restaurants, Inc. operates over 200 casual dining restaurants across 31 U.S. states. As of December 10, 2025, there were 217 BJ's Restaurants locations in the United States, spanning 30 states. California has the highest number of locations with 59, representing 27% of all U.S. BJ's Restaurants. Other states with a significant presence include Texas (37 locations), Florida (22 locations), Ohio (14 locations), Indiana (7 locations), Nevada (7 locations), Arizona (7 locations), Virginia (6 locations), Colorado (6 locations), and Maryland (5 locations). The company's corporate office is located in Huntington Beach, California.

BJ's Restaurants has demonstrated heightened customer satisfaction, indicated by high Net Promoter Scores (NPS). The company has achieved consistent sales and traffic growth. Ongoing menu innovation, particularly with its pizza and Pizookie platforms, has generated guest interest. The introduction of a value-priced entry point has resonated with customers. Valentine's Day performance in Q1 2026 was exceptional, with many restaurants setting new daily sales records.

BJ's Restaurants, Inc. stock ownership is a mix of institutional, retail, and individual investors. Approximately 61.81% of the company's stock is owned by Institutional Investors, 2.12% by Insiders, and 36.07% by Public Companies and Individual Investors. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Major individual owners include James Dal Pozzo, William H. Tilley, and Jerry Brassfield. Insider buying activity has been observed in the past three months.