Quarterly ResultMay 5, 2026, 04:05 PM
BJ's Restaurants Q1 Comparable Sales +2.4%; Reiterates 2026 Outlook
AI Summary
BJ's Restaurants reported strong first quarter 2026 financial results, with total revenues increasing 2.9% to $358.1 million and comparable restaurant sales growing 2.4%. The company achieved its seventh consecutive quarter of sales and traffic growth, alongside increased profitability, with restaurant level operating profit rising 2.8% to $57.2 million. Diluted net income per share was $0.41, and Adjusted EBITDA grew 6.8% to $37.7 million. BJ's also repurchased $5.3 million of its common stock and reiterated its full fiscal year 2026 financial outlook.
Key Highlights
- Total revenues increased 2.9% to $358.1 million in Q1 2026.
- Comparable restaurant sales grew 2.4%, driven by a 2.2% increase in guest traffic.
- Restaurant level operating profit was $57.2 million, up 2.8%, with a 16.0% margin.
- Diluted net income per share was $0.41, and adjusted diluted net income per share was $0.57.
- Adjusted EBITDA increased 6.8% to $37.7 million.
- The company repurchased 151,000 shares for $5.3 million in Q1 2026.
- Reiterated 2026 comparable restaurant sales growth outlook of 1% to 3%.
- Reiterated 2026 Adjusted EBITDA outlook of $140 million to $150 million.