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BJ's Restaurants Q1 Revenue Up 2.9%

BJ’s Restaurants reported fiscal first-quarter 2026 revenue of $358.1 million, up 2.9% from the same quarter a year earlier. Comparable restaurant sales rose 2.4%, driven by a 2.2% increase in guest traffic.

Restaurant-level operating profit increased 2.8% to $57.2 million, with margin at 16.0%. Adjusted EBITDA climbed 6.8% to $37.7 million from $35.4 million. Diluted net income per share was $0.41, while adjusted diluted net income per share was $0.57.

The company also repurchased and retired about 151,000 shares in the quarter for roughly $5.3 million. As of May 5, BJ’s had about $85.6 million remaining under its authorized share repurchase program.

For fiscal 2026, the company reiterated its outlook for comparable restaurant sales growth of 1% to 3%, restaurant-level operating profit of $221 million to $233 million, adjusted EBITDA of $140 million to $150 million, capital expenditures of $85 million to $95 million, and share repurchases of up to $50 million. Following these announcements, the company's shares moved 3.63%, and are now trading at a price of $38.30. For the full picture, make sure to review BJs RESTAURANTS INC's 8-K report.

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