Overview

* BJ's fiscal Q2 rev grows 4.5% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q2 beats consensus, reflecting improved profitability

* Co repurchased 438,000 shares, indicating strategic financial management

Outlook

* BJ's expects 2025 comparable restaurant sales growth of approximately 2%

* Company anticipates 2025 restaurant level operating profit of $211 mln to $219 mln

* BJ's projects 2025 adjusted EBITDA of $132 mln to $140 mln

* Company plans capital expenditures of $65 mln to $75 mln in 2025

Result Drivers

* PIZOOKIE MEAL DEAL - Popularity of Pizookie Meal Deal contributed to traffic-driven top-line growth, per CEO Lyle Tick

* OPERATIONAL FUNDAMENTALS - Strong operational fundamentals and focus on guest experience drove profitability improvements

* SALES NORMALIZATION - July sales trends normalized after a slow start

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $365.60 $364.40

Revenue mln mln (7

Analysts

)

Q2 Beat $0.97 $0.72 (6

Adjusted Analysts

EPS )

Q2 EPS $0.97

Q2 Beat $42.10 $40.20

Adjusted mln mln (6

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the restaurants & bars peer group is "buy."

* Wall Street's median 12-month price target for BJ's Restaurants Inc is $40.00, about 8.2% above its July 30 closing price of $36.72

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)