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EarningsQ2 2026 Earnings Report
BJRI Q2 2026 EPS Results
Actual EPS$0.94
Consensus EPS$0.90
Beat/MissBeat by +$0.04
One Year Ago EPS$0.97
BJRI Q2 2026 Revenue Results
Actual Revenue$388.89M
Expected Revenue$377.07M
Beat/MissBeat by +$11.82M
YoY Revenue Growth+6.37%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
BJRI Upcoming Earnings
BJ's Restaurants's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
BJRI Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational momentum: robust traffic-driven same-store sales (+6.5%) and multiple quarters of sales and profit growth, margin expansion at the restaurant level, improved marketing efficiency, successful menu/promotional programs, debt reduction and raised guidance for sales and EBITDA. Headwinds from commodity inflation (notably beef and produce), average check compression driven by successful lower-check promotions, some one-time G&A charges, and increased maintenance spending are the main negatives. Management expects commodity pressure to ease and check dynamics to normalize in the back half, and has prioritized investments in people, technology, remodels and measured unit growth. Overall, the positives (sustained growth, margin recovery potential, guidance raise, balance sheet improvement and product/marketing traction) outweigh the manageable near-term cost pressures and volatility from seasonal items.Company Guidance
Consecutive Growth Streak
Same-store sales increased 6.5% and traffic grew 8.3%, marking BJ's eighth consecutive quarter of sales and traffic growth and seventh consecutive quarter of profit growth.
Strong Revenue and Profit Expansion
Total revenue was $388.9M, up 6.4% year-over-year. Restaurant-level operating profit grew to $66.8M and restaurant-level operating margin expanded ~20 basis points to 17.2%. Adjusted EBITDA rose to $44.4M (up $2.3M) with an adjusted EBITDA margin of ~11.4%.
Raised Full-Year Financial Guidance
Company raised guidance: comparable restaurant sales to 3.0%-4.0% (from 1%-3%), restaurant-level operating profit to $228M-$235M (from $221M-$233M), and adjusted EBITDA to $145M-$152M (from $140M-$150M).
Marketing Efficiency and Reach
Marketing spend efficiency improved ~20 basis points versus last year as a percent of sales while delivering a 67% increase in impressions in Q2 and a 146% increase in the first half versus prior year, supporting strong traffic.
Highly Successful Product Programs (Pizookie & PMD)
Seasonal Pizookie performance was a major driver: Biscoff Pizookie incidents doubled year-over-year in Q2. The Pizookie Meal Deal drove new customer acquisition and repeat visits and contributed to broad-based traffic growth across days, dayparts and geographies.
Labor and Operating Leverage
Total labor expense improved 90 basis points to 34.5% as sales leverage and disciplined execution offset modest increases in workers’ comp. Remodeled restaurants are delivering better traffic and margins.
Balance Sheet Strength and Capital Deployment
Generated free cash flow invested into: $23.3M of capital expenditures (including five remodels and two new restaurants under construction), repurchased ~64,000 shares for $2.4M, and repaid $18M of debt. Net debt fell to ~ $30M from $61M at the start of the year.
Leadership and Technology Investments
Added Monika Saxena as Brand President and Birju Amin as CTO; continuing investments in POS modernization, tablet upgrades, and an AI-supported activity-based labor model to improve operations and guest experience.
Pricing Actions and Path to Margin Recovery
Late-June menu change included ~110 basis points of price increase. Company expects effective pricing of ~3.7% in Q3, ~2.6% in Q4 and ~3.0% for the full year and anticipates average check pressure to ease in Q3 and return to moderate check growth by Q4.
BJRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed