BJ’s(US:BJRI) Globenewswire·2025-02-20 21:02Financial Performance - The company reported a 6.4% increase in revenue for Q4 2024, totaling $344.3 million, and a 1.8% increase in total revenue for fiscal 2024, reaching $1.4 billion [5][8] - Comparable restaurant sales increased by 5.5% in Q4 2024 and 1.2% for the fiscal year [5][8] - Adjusted EBITDA for Q4 2024 was $33.1 million, a 21.1% increase from $27.3 million, and for the fiscal year, it was $117.1 million, marking a 12.8% increase from $103.8 million [5][8] Profitability Metrics - The diluted net loss per share for Q4 2024 was $0.23, down from a diluted net income per share of $0.34 in Q4 2023 [8] - Adjusted diluted net income per share increased by 5.1% to $0.47 in Q4 2024, compared to $0.45 in Q4 2023 [8] - Restaurant level operating profit was $52.9 million in Q4 2024, a 13.8% increase, with a margin of 15.4%, up 100 basis points year-over-year [5][8] Share Repurchase Program - The company repurchased approximately 234,000 shares for about $8.0 million in Q4 2024 and a total of approximately 757,000 shares for about $25.1 million during the fiscal year [9][8] - An increase of $50 million in the share repurchase authorization was announced, with approximately $83 million remaining available under the program as of February 20, 2025 [9] 2025 Financial Outlook - For fiscal 2025, the company anticipates comparable restaurant sales growth of 2% to 3%, restaurant level operating profit between $205 million to $215 million, and Adjusted EBITDA of $127 million to $137 million [14]