The beat and raised guidance confirm sustained operational momentum. With eight consecutive quarters of sales and traffic growth and improving margins, the stock may continue to re-rate higher. Monitor upcoming quarterly trends for traffic sustainability and cost inflation, particularly labor and commodity costs.
Price Chart
Executive Summary
BJ's Restaurants reported Q2 2026 adjusted EPS of $0.94, beating consensus of $0.90 by 4.4%, and revenue of $388.9M, beating $377.1M by 3.1%. Comparable restaurant sales rose 6.5% on 8.3% traffic growth, marking the eighth consecutive quarter of sales and traffic growth. The company raised its full-year guidance for comparable sales, restaurant-level operating profit, and Adjusted EBITDA, reinforcing the turnaround narrative.
Key Financial Metrics
Key Facts
- Total revenues increased 6.4% YoY to $388.9M
- Comparable restaurant sales increased 6.5%
- Traffic increased 8.3%
- Adjusted diluted EPS of $0.94 vs consensus $0.90 (4.4% beat)
- Restaurant-level operating profit margin improved to 17.2% from 17.0%
- Adjusted EBITDA grew 5.5% to $44.4M
- Guidance raised: comparable sales now +3-4% (from +1-3%), restaurant-level operating profit $228-235M (from $221-233M), Adjusted EBITDA $145-152M (from $140-150M)
- Repurchased ~64,000 shares for $2.4M during the quarter
Financial Impact
Revenue beat by $11.8M (3.1%), EPS beat by $0.04 (4.4%). Guidance raised modestly across key metrics.
Risk Factors
- Wage inflation and minimum wage increases, especially in California, Texas, and Florida
- Commodity cost volatility and tariff impacts
- Consumer spending slowdown could pressure traffic
- General & administrative costs rose $2.9M due to deferred comp, legal, and leadership transition costs
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3336417 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | Press Release | $59.38 | awaiting T+5 | — | $57.46 (−3.23%) |
Oct 8, 2026 19d ago | SC 13G/A | $59.54 $60.22 | ▲ +1.14% | ▲ +1.42% | $57.46 (−3.49%) |
Aug 12, 2026 10w ago | Insider Cluster | $66.67 $64.23 | ▲ +3.66% | ▲ +1.70% | $57.46 (+13.81%) |
Aug 7, 2026 11w ago | Insider Cluster | $68.65 $66.27 | ▲ +3.47% | ▲ +3.42% | $57.46 (+16.30%) |
Aug 7, 2026 11w ago | Insider Cluster | $68.65 $66.27 | ▼ −3.47% | ▼ −3.42% | $57.46 (−16.30%) |
Jul 30, 2026 12w ago | Press Release | $67.61 $69.55 | ▲ +2.87% | ▼ −0.64% | $57.46 (−15.01%) |
Jun 23, 2026 18w ago | 8-K | $54.62 $60.69 | ▲ +11.11% | ▲ +9.41% | $57.46 (+5.20%) |
Jun 22, 2026 18w ago | Insider Cluster | $53.16 $59.38 | ▲ +11.70% | ▲ +10.69% | $57.46 (+8.09%) |
Jun 15, 2026 19w ago | Insider Cluster | $51.78 $53.16 | ▲ +2.67% | ▲ +4.90% | $57.46 (+10.97%) |
Jun 1, 2026 21w ago | Insider Cluster | $44.35 $45.63 | ▲ +2.89% | ▲ +5.85% | $57.46 (+29.56%) |
US Market Status
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