Overview

* BJ's fiscal Q3 revenue grows 1.4% but misses analyst expectations

* Company reports diluted net income per share of $0.02, reversing a loss from last year

* BJ's repurchased 996,000 shares for $33.2 mln, indicating financial confidence

Outlook

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

* Company anticipates 2025 adjusted EBITDA of $132 mln to $140 mln

* BJ's plans 2025 capital expenditures of $65 mln to $75 mln

Result Drivers

* PIZOOKIE MEAL DEAL - Co attributes sales growth to embedding Pizookie Meal Deal value platform, enhancing guest satisfaction

* TRAFFIC GROWTH - Co reports 3.5% increase in traffic, outperforming industry benchmarks in trailing six weeks

* OPERATING PROFIT IMPROVEMENT - Restaurant level operating profit increased 8.8%, driven by operational improvements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $330.20 $334.62

Revenue mln mln (8

Analysts

)

Q3 EPS $0.02

Q3 Miss $21.10 $21.22

Adjusted mln mln (7

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "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 24.8% above its October 29 closing price of $30.08

Press Release:

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(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.)