BJs Restaurants Inc.

Share Repurchase Program During the second quarter of 2025, the Company repurchased and retired approximately 438,000 shares of its common stock at a cost of approximately $15.1 million.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

As of July 1, 2025, the Company had approximately $56.7 million remaining under its authorized share repurchase program.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

consumer environment and impacts from trade policies, management anticipates the following: Comparable restaurant sales growth of approximately 2% Restaurant level operating profit of $211 million to $219 million Adjusted EBITDA of $132 million to $140 million Capital expenditures of $65 million to $75 million Share repurchases of $45 million to $55 million, depending on market conditions Actual results may differ materially from the 2025 guidance set forth above as a result of, among other things, the factors described under Forward-Looking Statements Disclaimer below.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Such statements include, but are not limited to, those regarding our anticipated fiscal 2025 comparable restaurant sales, restaurant level operating profit, Adjusted EBITDA, capital expenditures and share repurchases, as well as the success of various sales-building and productivity initiatives, future guest traffic trends, on and off-premise sales trends, cost savings initiatives and the number and timing of new restaurants expected to be opened in future periods.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

LONG-TERM DEBT Line of Credit On May 30, 2025 , we entered into a Fifth Amended and Restated Credit Agreement ( Credit Facility ) with Bank of America, N.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026

Our Credit Facility matures on May 30, 2030 , and provides us with revolving loan commitments totaling $ 215 million, which may be increased up to $ 315 million, of which $ 50 million may be used for the issuance of letters of credit.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026

We are pleased with the continued growth and improvement of our sales and profitability and the progress we are making against our short- and long-term strategic initiatives, commented Lyle Tick, Chief Executive Officer and President.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

The compelling value of the Pizookie Meal Deal, strong operational fundamentals and our focus on putting the guest and team member experience at the center of everything we do have led to our traffic-driven top-line growth and year-over-year improvement in profitability.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

July sales trends have since normalized, reinforcing our confidence in the progress we have made and that we are focused on the right things.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Tick continued, As we look ahead, the energy, engagement and alignment behind our strategy is helping us lay stronger foundations to move forward with the execution of our strategic plan and remain focused on building sustainable and profitable growth.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

With our brand positioning project complete, we are prioritizing the key opportunities ahead for BJ s, which will begin to come to life across our menu, operations and marketing later this year and into 2026.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

2025 Financial Outlook For fiscal 2025, and subject to uncertainty, including related to the U.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from those projected or anticipated.

SEC original ↗BJs Restaurants Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Legal Proceedings 22 Item 1A.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026

LEGAL PROCEEDINGS We are subject to lawsuits, administrative proceedings and demands that arise in the ordinary course of our business and which typically involve claims from guests, team members and others related to operational, employment, real estate and intellectual property issues common to the foodservice industry.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026

We could be affected by adverse publicity resulting from allegations in lawsuits, claims and proceedings, regardless of whether these allegations are valid or whether we are ultimately determined to be liable.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026

We currently believe that the final disposition of these types of lawsuits, proceedings and claims will not have a material adverse effect on our financial position, results of operations or liquidity.

SEC original ↗BJs Restaurants Inc. — 10-Q Quarterly report10-QJul 31, 2026