BJs RESTAURANTS INC
For the period ended Jul 1, 2025. Filed Aug 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 1, 2025 · Filed Aug 8, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the Quarterly Period Ended July 1,2025
OR
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from _______________ to ______
Commission file number 0-21423
(Exact name of registrant as specified in its charter)
| California | 33-0485615 |
|---|---|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. EmployerIdentification Number) |
7755 Center Avenue, Suite 300
Huntington Beach, California 92647
(714)500-2400
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | TradingSymbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, No Par Value | BJRI | NASDAQ Global Select Market |
(Address, including zip code, and telephone number, including
area code, of registrant’s principal executive offices)
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No☐
Indicate by check mark whether the registrant has submitted electronically every interactive data file required to be submitted pursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company, or an emerging growth company. See definition of “accelerated filer,” “large accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| ☑ | Large accelerated filer | ☐ | Accelerated filer | |
|---|---|---|---|---|
| ☐ | Non-accelerated filer | ☐ | Smaller reporting company | |
| ☐ | Emerging growth company | |||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐ No☑
As of August 6, 2025, there were 22,124,179 shares of Common Stock of the Registrant outstanding.
TABLE OF CONTENTS
| Page | ||
|---|---|---|
| PART I. · FINANCIAL INFORMATION | ||
| Item 1. | Consolidated Financial Statements | 1 |
| Consolidated Balance Sheets – July 1, 2025 (Unaudited) and December 31, 2024 | 1 | |
| Unaudited Consolidated Statements of Operations – Thirteen and Twenty-Six Weeks Ended July 1, 2025 and July 2, 2024 | 2 | |
| Unaudited Consolidated Statements of Shareholders’ Equity – Thirteen and Twenty-Six Weeks Ended July 1, 2025 and July 2, 2024 | 3 | |
| Unaudited Consolidated Statements of Cash Flows – Thirteen and Twenty-Six Weeks Ended July 1, 2025 and July 2, 2024 | 4 | |
| Notes to Unaudited Consolidated Financial Statements | 6 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 12 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 19 |
| Item 4. | Controls and Procedures | 19 |
| Item 5. | Other Information | 19 |
| PART II. | OTHER INFORMATION | |
| Item 1. | Legal Proceedings | 20 |
| Item 1A. | Risk Factors | 20 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 20 |
| Item 6. | Exhibits | 21 |
| SIGNATURES | 22 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.