BJ's Restaurants, Inc. (BJRI) SEC Filings & Earnings Calls

Insider selling / loss of significant holder

“On August 3, 2026, the Reporting Persons completed a block trade...sold 710,724 shares of Common Stock for an aggregate purchase price of $46,552,422...and warrants to purchase 876,949 shares of Common Stock...On August 3, 2026, the Reporting Persons ceased to be beneficial owners of more than 5%” · word for word

Insider selling / loss of significant holder

“On August 3, 2026, the Reporting Persons completed a block trade...sold 710,724 shares of Common Stock for an aggregate purchase price of $46,552,422...and warrants to purchase 876,949 shares of Common Stock...On August 3, 2026, the Reporting Persons ceased to be beneficial owners of more than 5%” · word for word

Commodity cost inflation

“The increase was primarily due to approximately 5% inflation in our commodity basket costs led by beef inflation” · word for word

Wage inflation

“partially offset by a 0.7% increase due to wage inflation” · word for word

Leadership transition costs

“The change was led by $1.4 million of legal and leadership transition expenses” · word for word

Incremental G&A costs of $2.9M related to deferred compensation, legal, and leadership transition costs.

“Incremental general & administrative costs of $2.9 million were related to deferred compensation as well as legal and leadership transition costs.” · word for word

Forward-looking risks include tariffs, energy, labor, construction costs, and macroeconomic conditions.

“Forward-looking statements mention risks including tariffs, energy, labor, construction costs, and macroeconomic conditions.”

Commodity cost inflation

“Cost of sales increased due to higher commodity costs, partially offset by menu price increases.”

Depreciation catch-up adjustment

“Depreciation and amortization increased by $4.5 million, or 24.8%, to $22.8 million... The increase included a $2.7 million catch-up adjustment to depreciation expense.” · word for word

Negative working capital

“Net working capital $(133,088) thousand, current ratio 0.3:1.0.”

Cost inflation and tariff exposure could pressure margins.

“Forward-looking statements mention risks from tariffs, energy, labor, and construction cost increases.”

Concentration in California, Texas, and Florida exposes to regional economic and regulatory risks.

“Risk factors note substantial number of restaurants in these states.”

Rising input costs; competition; consumer spending sensitivity.

“Rising costs; competition; consumer spending trends.”

Inflation and tariff risk

“Increases in inflation, including the effects of any tariff increases or other changes in trade policies on food and other restaurant operating and construction costs, could adversely affect our business, financial condition and results of operations.” · word for word

Consumer discretionary spending risk

“Macroeconomic conditions that impact consumer discretionary spending for food away from home could make additional menu price increases imprudent to offset the effects of inflation.” · word for word

No material risks identified; standard executive change.

“Standard CFO appointment; no departure or controversy.”

Consumer environment and tariff risks could impact demand and costs.

“subject to uncertainty, including related to the U.S. consumer environment and impacts from trade policies” · word for word

Rising costs from tariffs, energy, labor, and construction could pressure margins.

“any inability to successfully and adequately address and offset rising costs, including the effects of tariffs and increases in energy, labor, construction and other operational costs”