BJ's Restaurants, Inc. (BJRI) reported fourth‑quarter 2025 results that surpassed analyst expectations, with total revenue of $355.4 million, up 3.2% year‑over‑year, and an adjusted diluted earnings per share of $0.66, beating consensus estimates of $0.60 to $0.64 by $0.02 to $0.06. The company also posted a diluted net income per share of $0.58 and an adjusted EBITDA of $35.6 million, a 7.4% increase from the $33.1 million reported in Q4 2024.
The quarter’s performance was underpinned by a 2.6% rise in comparable restaurant sales and a 4.5% increase in traffic, which helped lift the restaurant‑level operating profit margin to 16.1%, an expansion of 70 basis points from the prior year. Net income swung from a $5.3 million loss in Q4 2024 to a $12.6 million profit in Q4 2025, reflecting both revenue growth and margin improvement. Across the full year, BJRI’s revenue rose 3.1% to $1.4 billion, comparable sales grew 2.0%, and the diluted EPS climbed 207.3% to $2.16, while adjusted diluted EPS increased 46.8% to $2.26.
"During the fourth quarter, we continued to deliver on our mission to create a stronger and more consistent BJ's with our 6th consecutive quarter of comparable restaurant sales and traffic growth along with our 5th consecutive quarter of restaurant level operating profit margin expansion." CEO Lyle Tick highlighted that the company’s focus on guest and team‑member experience, coupled with operational improvements and new menu offerings, drove the 4% traffic lift. "We continue to focus on putting the guest and team member experience at the center of everything we do. This, combined with strong and improving operational fundamentals, compelling value and product news, allowed us to increase traffic by over 4% during the quarter. Looking at the full year, I am proud of the progress we have made, thankful for the commitment and passion our teams bring every day and pleased with the results we delivered as we executed across all pillars of our strategic plan."
Management outlined a forward outlook that signals confidence in continued growth. For fiscal 2026, BJRI expects comparable restaurant sales to grow 1% to 3%, restaurant‑level operating profit to reach $221 million to $233 million, and adjusted EBITDA to hit $140 million to $150 million. Capital expenditures are projected at $85 million to $95 million, and share repurchases could reach $50 million depending on market conditions. These guidance figures represent a modest upward adjustment from prior expectations and reflect the company’s belief that its strategic priorities will sustain momentum.
The company acknowledges commodity inflation, particularly in beef, as a headwind that could pressure costs in the near term. Conversely, menu innovations such as the Pizookie promotion and a renovated pizza platform have served as tailwinds, supporting traffic growth and helping to offset cost pressures. The combination of operational efficiency, menu simplification, and a focus on guest experience has enabled margin expansion even as the company navigates rising input costs.
Investors reacted with a muted response, noting the company’s strong operational momentum and margin expansion while remaining cautious about the impact of commodity inflation on future profitability.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.