NASDAQ$BJRI

BJ's Restaurants Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported positive comparable restaurant sales driven by the strength of the BJ’s concept, innovative sales initiatives, and team member commitment.

BJ's Restaurants, Inc. reported positive comparable restaurant sales for the fourth quarter and fiscal year 2019, driven by innovative sales initiatives and team member commitment. The company opened two new restaurants and closed one, while also repurchasing shares and declaring a cash dividend.

  • Comparable restaurant sales were positive for both the quarter and the full year.
  • The company opened two new restaurants and closed one during the quarter.
  • BJ's repurchased approximately 0.3 million shares of its common stock at a cost of approximately $10.3 million.
  • A cash dividend of $0.13 per share of common stock was declared.

Headline financials

Total Revenue

$291M

Previous: $281M+3.8%
EPS (adj)

$0.54

Previous: $0.49+10.2%
Capital Expenditures

$16.6M

No prior period
Free Cash Flow

$21.7M

No prior period
Net Income

$14.5M

No prior period
Operating Income

$16.3M

No prior period
Gross Profit

$46.4M

No prior period
Cash & Equivalents

$22.4M

No prior period
Total Assets

$1.07B

No prior period
Stock-Based Comp

$2.38M

No prior period

Revenue & EPS history

BJ's · Revenue · Quarterly

$291M

Q4 2019+3.8%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The Company plans to open eight to ten restaurants in 2020.

Tailwinds

  • Acceleration in the pace of restaurant openings.
  • Prioritizing a balanced approach to new restaurant growth.
  • New restaurant quality and hospitality taking precedence over new restaurant quantity.
  • Financial flexibility to allocate strong cash flows to new restaurant growth.
  • Enhance shareholder value through sales and productivity initiatives, share repurchases and dividends.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+2.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+3.0%

Avg return

30 days after

58%

35 / 60 earnings

Positive

+19.6%

Q3 2014

Best reaction

-13.4%

Q2 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+3.6%+15.6%+16.0%
Q4 2026+6.1%-12.2%-15.0%
Q3 2026+18.4%+24.7%+33.7%
Q1 2025+13.0%+11.9%+33.2%
Q4 2024+6.5%+3.9%-4.7%
Q3 2024-9.2%-8.2%+2.7%
Q2 2024-12.2%-12.6%-9.0%
Q1 2024+8.1%+4.5%+9.2%
Q4 2023+5.0%-0.2%+1.0%
Q3 2023+7.3%+7.8%+28.4%
Q2 2023+8.6%+8.9%-11.7%
Q1 2023+14.7%+13.1%+9.2%
Q3 2022+2.0%+3.6%+16.9%
Q2 2022-2.9%-10.4%+13.1%
Q1 2022-1.1%-3.1%-22.9%
Q4 2021-1.1%-8.8%-19.1%
Q3 2021+1.6%-4.1%-8.2%
Q2 2021-3.8%-8.2%+4.8%
Q1 2021-3.7%-6.0%-9.5%
Q4 2020-2.9%-8.5%+12.3%
Q3 2020-3.0%-10.1%+11.3%
Q2 2020+11.4%+6.7%+39.5%
Q1 2020+13.5%-1.1%+44.9%
Q4 2019-9.9%-15.8%-81.0%
Q3 2019+16.3%+12.0%+8.8%
Q2 2019-4.6%-3.7%-12.4%
Q1 2019+7.6%+5.3%-5.8%
Q4 2018-4.9%-6.4%-11.4%
Q3 2018-1.3%-1.0%-10.6%
Q2 2018+2.3%+1.1%+19.4%
Q1 2018+15.5%+16.0%+8.7%
Q4 2017+13.2%+14.3%+12.5%
Q3 2017+5.2%+2.8%+8.3%
Q2 2017+0.8%+0.1%-9.5%
Q1 2017+4.2%+7.4%+5.1%
Q4 2016+3.6%+1.1%+6.8%
Q3 2016-2.7%-3.2%+8.7%
Q2 2016-13.4%-13.4%-10.1%
Q1 2016+5.3%
Q4 2015+2.4%
Q3 2015+13.1%
Q2 2015-0.9%
Q1 2015-2.0%
Q4 2014+17.5%
Q3 2014+19.6%
Q2 2014+13.3%
Q1 2014+5.4%
Q4 2013-11.3%
Q3 2013-10.0%
Q2 2013-11.9%
Q1 2013+7.2%
Q4 2011-7.8%
Q3 2012
Q2 2012
Q1 2011+0.7%
Q1 2012
Q4 2009-0.3%
Q3 2010-1.8%
Q3 2011-1.8%
Q2 2010+1.5%
Q2 2011+1.5%
Q4 2010+1.5%
Q1 2010-6.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro