BJ's Restaurants (NasdaqGS:BJRI) FY Conference September 10, 2025 05:00 PM ET Speaker0Brian Mullen, the restaurant and food distribution analyst, here at Piper Sandler. Very happy to have, BJ's restaurant CEO, Lyle Tick. Thank you for being here.Speaker1Thank you, Brian. Good to be here.Speaker0Lyle, you you know, you will just hit you just hit or will soon hit about a year with the company, formerly got the CEO role in June. Congratulations.Speaker1Thank you.Speaker0I think maybe a good place to start is w ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

Core Insights - BJ's Restaurants, Inc. (BJRI) is experiencing growth due to increased traffic, operational efficiency, and the success of the Pizookie Meal Deal [1] - The stock has outperformed the Zacks Retail - Restaurants industry, with a 14.3% gain over the past year compared to the industry's 1.1% rise [2] - Earnings estimates for 2025 have increased to $2.11 per share, reflecting improved operating efficiencies and margins despite macroeconomic challenges [3][4] Growth Factors - Sales-Building & Margin-Driving Initiatives: The company is focusing on sales-building initiatives and strategic priorities, expecting continued margin improvement through menu innovation and cost management [6] - Comparable Sales Growth: In Q2 2025, BJRI recorded a 2.9% year-over-year comparable sales growth, driven by a 3.3% increase in traffic, with restaurant-level cash flow margins at 17% and adjusted EBITDA margins at 11.5% [7][9] - Menu Innovation: The company is revitalizing its menu with a focus on core items like pizza and Pizookies, preparing for a nationwide rollout of a revamped pizza platform in Q4 2025 [10][11] Digital and Operational Enhancements - Digital Initiatives: BJRI is enhancing operational efficiency through digital initiatives, resulting in a 42% year-over-year increase in seated reservations due to improved guest satisfaction [12] - Remodeling Efforts: The company is progressing with expansion plans, having completed 13 remodels in 2025, with more planned, aiming to enhance the dining experience and sales performance [13]

Company Overview - BJ's Restaurants, Inc. is a national casual dining brand founded in 1978, operating over 200 restaurants across 31 states [2] - The brand is known for its chef-crafted menu, which includes signature deep-dish pizzas, slow-roasted entrees, wings, and the world-famous Pizookie® dessert [2] - BJ's has been recognized as the most decorated restaurant-brewery in the country, winning the 2025 Vibe Vista Award for Best Beer Program and the 2024 Best Overall Beverage Program [2] - The company has been a pioneer in craft brewing since 1996, offering award-winning proprietary handcrafted beers brewed in four states and by independent third-party craft brewers [2] Upcoming Events - Management will participate in the Piper Sandler Growth Frontiers Conference on September 10, 2025, including a fireside discussion and one-on-one meetings [1]

Company Overview - BJ's Restaurants Inc is perceived as a casual-dining pizzeria in Southern California, but it is recognized for its pizookies in other regions of the country [1]. Investment Focus - The focus is on identifying long-term investment opportunities within the restaurant, retail, and food manufacturing sectors, with an emphasis on growth opportunities and valuation metrics [1].

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...

Finally, our model also underscores that BJRI has a P/CF ratio of 8.01. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. BJRI's P/CF compares to its industry's average P/CF of 23.09. Within the past 12 months, BJRI's P/CF has been as high as 11.18 and as low as 6.72, with a median of 8.50. These figures are just a handful of the metrics value investors tend to look at, but they help show that BJ's Restaurant ...

Industry Overview - The Zacks Retail – Restaurants industry is facing a challenging macroeconomic environment characterized by high costs and declining traffic, but is experiencing sales growth due to menu price hikes and average check growth [1][3] - Industry participants are leveraging partnerships with delivery channels and digital platforms to enhance sales [1] Sales Performance - Restaurant sales showed strong momentum, with U.S. Census Bureau data indicating $98.7 billion in seasonally adjusted sales in June, a 0.6% increase from May's revised total of $98.2 billion [4] Digital Innovation - The focus on digital innovation and partnerships with delivery services like DoorDash and Grubhub is driving incremental sales for restaurant operators [5] Off-Premise Sales - The increase in off-premise sales, including delivery and takeout, is acting as a key catalyst for growth, with many operators testing ghost kitchens and connected curbside services [6] Industry Ranking - The Zacks Restaurant industry holds a Zacks Industry Rank of 188, placing it in the bottom 23% of over 244 Zacks industries, indicating dull near-term prospects [7][8] Stock Performance - Over the past year, the industry has underperformed the Zacks S&P 500 Composite, growing only 5.7% compared to the S&P 500's 20.3% and the sector's 25.7% [9] Valuation Metrics - The industry is currently trading at a forward 12-month P/E of 24.69X, higher than the S&P 500's 22.69X but below the sector's 25.05X [12] Company Highlights - **BJ's Restaurants**: Achieved 2.9% year-over-year comparable sales growth in Q2 2025, driven by a 3.3% increase in traffic, with anticipated sales and earnings growth of 3.2% and 38.8% respectively for 2025 [14][15] - **The Cheesecake Factory**: Benefiting from higher consumer demand and operational efficiency, with expected sales and earnings growth of 5.1% and 9.3% respectively for 2025 [18][19] - **Cracker Barrel**: Focused on menu innovation and digital initiatives, with anticipated sales growth of 0.1% but a decline in earnings of 9.1% for 2025 [22][23]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 1, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______ Commission file number 0-21423 BJ'S RESTAURANTS, INC. (Exact name of registrant as specified in its charter) California 33-0485615 (I. ...

Core Viewpoint - The article highlights BJ's Restaurants (BJRI) as a strong growth stock, supported by its favorable Growth Score and Zacks Rank, indicating potential for solid returns for growth investors [2][10]. Group 1: Earnings Growth - BJ's Restaurants has a historical EPS growth rate of 189.6%, with projected EPS growth of 38.5% this year, significantly outperforming the industry average of 7.9% [4]. - Earnings growth is emphasized as a critical factor for attracting investor attention, particularly double-digit growth which signals strong prospects [3]. Group 2: Asset Utilization - The company has an asset utilization ratio (sales-to-total-assets ratio) of 1.34, indicating it generates $1.34 in sales for every dollar in assets, compared to the industry average of 0.97, showcasing superior efficiency [5]. Group 3: Sales Growth - BJ's Restaurants is expected to achieve a sales growth of 3.2% this year, exceeding the industry average of 2.5%, indicating a strong position in terms of sales performance [6]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for BJ's Restaurants have been revised upward, with the Zacks Consensus Estimate increasing by 6.9% over the past month, suggesting positive momentum [8][7]. Group 5: Overall Assessment - BJ's Restaurants has earned a Growth Score of A and a Zacks Rank 1, indicating it is a potential outperformer and a solid choice for growth investors [10].