Quarterly ResultMay 6, 2026, 06:08 AM
BJ's Restaurants Q1 Net Income $9.03M, Down from $13.49M YoY; EPS $0.41
AI Summary
BJ's Restaurants Inc. reported mixed financial results for the thirteen weeks ended March 31, 2026. While revenues increased to $358.1 million from $348.0 million year-over-year, net income significantly decreased to $9.0 million ($0.41 diluted EPS) from $13.5 million ($0.58 diluted EPS) in the prior year period. The company also reduced its long-term debt and continued its share repurchase program during the quarter.
Key Highlights
- Net income decreased to $9.034 million for the thirteen weeks ended March 31, 2026, from $13.492 million in the prior year period.
- Diluted EPS was $0.41 for Q1 2026, down from $0.58 for Q1 2025.
- Revenues increased to $358.118 million for Q1 2026, up from $347.973 million for Q1 2025.
- Income from operations decreased to $10.623 million for Q1 2026, from $14.950 million in Q1 2025.
- Long-term debt was reduced to $62.0 million as of March 31, 2026, from $85.0 million as of December 30, 2025.
- The company repurchased approximately 0.2 million shares for $5.3 million during the thirteen weeks ended March 31, 2026.
- $87.9 million remained available under the authorized $675 million share repurchase program.
- Cash and cash equivalents decreased to $22.671 million as of March 31, 2026, from $23.781 million as of December 30, 2025.
Price Impact
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