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BJ's Restaurants BJRI Pre-opening costs

Pre-opening costs at other companies

Cheesecake Factory logo
Cheesecake FactoryCAKE
$5.47M-32.4%
Darden Restaurants logo
Darden RestaurantsDRI
$8.8M+44.3%
Texas Roadhouse logo
Texas RoadhouseTXRH
$6.64M-2.6%
Sweetgreen logo
SweetgreenSG
$1.11M-34.5%
BJ's Wholesale Club Holdings, Inc. logo
BJ's Wholesale Club Holdings, Inc.BJ
$13.98M+181%
First Watch Restaurant Group, Inc. logo
First Watch Restaurant Group, Inc.FWRG
$3.06M+14.9%

Other financials

Income statement

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Revenue$358.1M+2.9%
Gross profit$268.2M+2.7%
Operating income$10.6M-28.9%
Net income$9.0M-33.0%
EPS (diluted)$0.41-29.3%

Balance sheet

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Cash & equivalents$22.7M+19.3%
Total debt$462.7M-8.7%
Total equity$372.5M+0.3%
Total assets$999.1M-2.0%

Cash flow

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Operating cash flow$43.0M+830%
CapEx$15.8M-5.3%
Free cash flow$27.2M+325%

Valuation

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Market cap$1.15B+12.9%
Enterprise value$1.59B+5.5%
P/E25.9×
P/S0.8×+0.1×

Profitability

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Gross margin74.7%+0.5pp
Operating margin3%
Net margin3.1%
FCF margin5.7%+4.8pp

Returns & leverage

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Return on equity11.9%
Debt / equity1.2×-0.1×
Current ratio0.3×-0.1×

Where this comes from

Reported directly by BJ's Restaurants in its filing.

Tagged under the XBRL concept us-gaap:PreOpeningCosts.

The official record: BJ's Restaurants’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BJ's Restaurants's pre-opening costs?
BJ's Restaurants (BJRI) reported pre-opening costs of $15K in Q1 2026.
How has BJ's Restaurants's pre-opening costs changed year-over-year?
BJ's Restaurants's pre-opening costs decreased by 96.6% year-over-year, from $438K to $15K.
What is the long-term trend for BJ's Restaurants's pre-opening costs?
Over 4 years (2021 to 2025), BJ's Restaurants's pre-opening costs has grown at a -18.2% compound annual growth rate (CAGR), from $1.48M to $663K.
What does pre-opening costs mean?
These are the non-capitalized expenses incurred during the development and launch phase of new restaurant locations, such as staff training, marketing, and initial inventory stocking. High levels of these costs indicate an aggressive expansion strategy, while lower levels suggest a focus on optimizing existing assets. Investors use this to assess the short-term impact of growth initiatives on current period profitability.