Companies · BJRI
BJ’s Restaurants
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Latest analysis
Updated Nov 6, 2026
BJ's Q3 2026: Traffic-Driven 8.3% Comp Growth Powers Margin Expansion Despite Wage Inflation
BJ's Restaurants delivered its strongest comparable sales growth in the tracking period, driven by guest traffic acceleration of 8.3% in Q3 2026, translating to 8.6% revenue growth to $358.6 million. Labor leverage from fixed-cost absorption over a higher revenue base offset wage inflation headwinds, compressing labor as a percent of sales from 37.1% to 36.2%. Operating income margin expanded 180 basis points year-over-year to 1.5%, signaling operational traction despite ongoing asset impairment charges and commodity cost persistence.
Tone: bullishRevenue
$1.4B
BJRI 10-K · FY 2025
Employees
22,230
Revenue growth YoY
+3.1%
Founded
1978
Profile
BJRI 10-K Item 1 · Mar 2, 2026BJ's Restaurants is a national full-service restaurant chain operating 219 locations across 31 states, differentiated by a broad menu anchored in proprietary craft beer, signature deep-dish pizza, and the Pizookie dessert. The company competes in the polished casual segment with a high-energy atmosphere and a value proposition spanning dine-in, takeout, and delivery. Its brewing operations — four in-house facilities and two standalone brewpubs — supply approximately 68% of branded craft beer consumed across the system.
Read filing description ↓ Collapse description ↑
BJ's Restaurants is a leading full-service restaurant brand differentiated by a high-quality, varied menu with compelling value, a dining experience that offers our customers (referred to as 'guests') best-in-class service, hospitality and enjoyment, in a high-energy, welcoming and approachable atmosphere. BJ's is a national restaurant chain that, as of February 27, 2026, owns and operates 219 restaurants located in 31 states. The first BJ's restaurant opened in 1978 in Orange County, California, and was a small sit-down pizzeria that featured Chicago style deep-dish pizza with a unique California twist. In 1996, we introduced our proprietary craft beers and expanded the BJ's concept to a full-service, high-energy restaurant when we opened our first large format restaurant with an on-site brewing operation in Brea, California. Today our restaurants feature a broad menu with approximately 90 menu items designed to offer something for everyone including: slow roasted entrees and wings, EnLIGHTened Entrees such as our Cherry Chipotle Glazed Salmon, our original signature deep-dish pizza, and the world-famous Pizookie dessert. We also offer our award-winning BJ's craft beers, which are produced at four in-house brewing facilities, two standalone brewpubs and by independent third-party brewers using our proprietary recipes, alongside a full bar featuring innovative cocktails.
Primary products
- Signature deep-dish pizza
- Pizookie dessert
- EnLIGHTened Entrees
- Slow roasted entrees and wings
- BJ's craft beers
- Hard root beer and hard lemonade
End markets
Geographies
“We believe, however, that our ability to offer higher quality food and beverages at moderate prices with superior service in a distinctive dining environment provides us with the opportunity to capture additional market share in the full-service segment.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total revenues increased 3.1% to $1.4 billion in fiscal 2025, driven by a 2.0% increase in comparable restaurant sales and a 0.9% increase in total restaurant operating weeks.
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