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Stock impact report

Why Is BJ's (BJRI) Stock Rocketing Higher Today [Yahoo! Finance]

BJ's Restaurants, Inc. (BJRI) 
Last bj's restaurants, inc. earnings: 2/20 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bjsrestaurants.com
Company Research Source: Yahoo! Finance
Shares of american restaurant chain BJ's Restaurants (NASDAQ:BJRI) jumped 10.9% in the pre-market session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' same-store sales expectations, enabling it to post revenue and EBITDA beats. A big part of that came from strong guest traffic, thanks to promos like the Pizookie Meal Deal and holiday party offerings, which helped drive a 5.5% increase in comparable restaurant sales. Restaurant-level operating profit margin improved meaningfully reflecting efficiency initiatives and stronger sales leverage. That, in turn, fueled a surge in adjusted EBITDA, helping the company outperform Wall Street's profit forecasts. That said, earnings still came in below expectations. Looking ahead, management expects sales growth to slow a bit to around 2%–3% in 2025. But on the bright side, their full-year EBITDA guidance was stronger than expected. Zooming out, we think this was a solid quarter. The shares clos Show less Read more
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