BJRI Earnings Prediction
The chart below shows how BJRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BJRI sees a -2.00% change in stock price 10 days leading up to the earnings, and a +2.47% change 10 days following the report. On the earnings day itself, the stock moves by +0.63%. This data can give you a slight idea of what to expect for the next quarter's release.
BJRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
325.70M
2.22%
-6.92%
Gross Margin
30.74%
-1.98%
-6.96%
Operating Margin
-0.70%
133.33%
-116.17%
Net Margin
-0.90%
-24.37%
-118.37%
EPS
-0.13
-18.75%
-118.06%
No Data Available
BJRI Earnings Analysis
BJ's Restaurants, Inc. Corporation (BJRI.O) Earnings Conference Call
Positive
Sales Increase Q3: In Q3, we generated sales of $325.7 million, which was 2.2% higher than last year.
Comparable Restaurant Sales Growth: On a comparable restaurant basis, Q3 sales increased by 1.7%.
Sales Growth Initiatives: Our sales driving initiatives worked to grow sales, traffic, and market share in the third quarter.
Traffic Growth Achievement: Our comp sales growth was driven by 1.3% traffic growth, which was our best traffic quarter since 2018.
Operating Profit Increase: Our restaurant level operating profit was $38 million in Q3, which was $200,000 higher than any year ago as our higher sales drove slightly more restaurant dollar profits.
Negative
Sales Decline Analysis: Sales decreased by 2.2% compared to last year, indicating a decline in revenue generation.
Cash Flow Margin Decline: Restaurant level cash flow margin was 11.7% in Q3, which was 20 basis points lower than a year ago, reflecting reduced profitability.
EBITDA Decline Due to Expenses: Adjusted EBITDA was $18.5 million, down from previous levels, driven by higher G&A expenses.
Financial Strain Indicated: Net loss of $2.9 million reported, with diluted net loss per share of $0.13, indicating financial strain.
Increased Operational Costs: Cost of sales was 26.6% in the quarter, which was 70 basis points unfavorable compared to a year ago, highlighting increased operational costs.
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BJRI Earning Call Sentiment
BJ's Restaurants, Inc. (BJRI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BJRI.O
6.46%Positive
The earnings call presents a mixed picture. Basic financial performance shows slight growth, but margins declined, indicating operational challenges. Product development and market strategy seem cautious, with focus on cautious expansion and remodeling. Expenses are high, with increasing debt and G&A expenses. Shareholder returns are positive due to share repurchases. Q&A highlights concerns about margins and promotional strategies, but management is optimistic about Q4 improvements. Overall, the sentiment is neutral with a slight positive bias due to share repurchases and management's optimism for Q4.
