<general_context>
	- Current date: 2026-11-05 22:45 UTC.
</general_context>
<company_context>
	- Ticker: BJRI.
	- Company: BJ's Restaurants.
</company_context>


                <data>
                    <label>Press release on Q3 fiscal 2026 financial results and raised fiscal 2026 guidance</label>
                    <content>**EXHIBIT 99.1**
**BJ’s Restaurants, Inc. Reports Fiscal Third Quarter 2026 Results**
*Delivers 8.1% Comparable Restaurant Sales Increase**Raises Fiscal 2026 Financial Guidance*
HUNTINGTON BEACH, Calif., Nov.  05, 2026  \(GLOBE NEWSWIRE\) -- BJ’s Restaurants, Inc. \(Nasdaq: BJRI\) today reported financial results for its fiscal 2026 third quarter ended September 29, 2026.
**Fiscal Third Quarter 2026 Compared to Third Quarter 2025**
* Total revenues increased 8.6% to $358.6 million
* Comparable restaurant sales increased 8.1%
* Restaurant level operating profit<sup>\(</sup>[^1] was $52.9 million, an increase of 27.9%, or $11.5 million
* Restaurant level operating profit margin<sup>\(</sup>[^1] increased to 14.7%, compared to 12.5% last year
* Diluted net income per share was $0.24 and adjusted diluted net income per share<sup>\(</sup>[^1] was $0.33
* Adjusted EBITDA<sup>\(</sup>[^1] was $31.4 million, an increase of 48.6% from $21.1 million
* The Company repurchased and retired approximately 17,000 shares of its common stock at a cost of approximately $1.0 million
| \\\(1\\\) | Restaurant level operating profit, restaurant level operating profit margin, adjusted diluted net income per share, and Adjusted EBITDA are non-GAAP measures. Reconciliations to GAAP measures and further information are set forth below. |
“As we continue to make meaningful progress in our journey to unlock the full potential of this great brand, we delivered another strong quarter,” commented Lyle Tick, Chief Executive Officer and President. “The third quarter marked our ninth consecutive quarter of sales and traffic growth, with both comparable restaurant sales and traffic up approximately 8%, and our eighth quarter of profit growth, increasing restaurant level operating profit margin by 220 basis points year over year. Looking ahead, we remain confident in our strategic growth drivers and will continue to invest in our team members, advance menu innovation that re-enforces compelling value and drives seasonal excitement, enhance the guest experience and ensure our 219 restaurants are places where our teams are proud to work and our guests are excited to return to,” concluded Tick.
**Share Repurchase Program**
During the third quarter of 2026, the Company repurchased and retired approximately 17,000 shares of its common stock at a cost of approximately $1.0 million. As of November 5, 2026, the Company had approximately $84.5 million available under its authorized share repurchase program.
**2026 Financial Outlook**
We are raising certain fiscal year 2026 guidance metrics as follows:
| \*\*Metric\*\* |   | \*\*Prior Outlook: July 30, 2026\*\* |   | \*\*Revised Outlook: November 5, 2026\*\* | \*\*Revised Outlook: November 5, 2026\*\* |
| Comparable Restaurant Sales |   | Increase 3.0% to 4.0% |   | Increase approximately 4.7% |   |
| Restaurant Level Operating Profit |   | $228 million to $235 million |   | $233 million to $237 million |   |
| Adjusted EBITDA |   | $145 million to $152 million |   | $149 million to $154 million |   |
| Capital Expenditures |   | $85 million to $95 million |   | Approximately $80 million |   |
| Share Repurchases<sup>\\\(</sup>\[^1\] |   | Up to $50 million |   | Up to $50 million |   |
| \\\(1\\\) | Depending on market conditions |
Actual results may differ materially from the 2026 Financial Outlook set forth above as a result of, among other things, the factors described under the “Forward-Looking Statements Disclaimer” below.
**Investor Conference Call and Webcast**
BJ’s Restaurants, Inc. will conduct a conference call on its third quarter 2026 earnings release today, November 5, 2026, at 1:30 p.m. Pacific Time \(4:30 p.m. Eastern Time\). Management will discuss the financial results and host a question-and-answer session. In addition, a live audio webcast of the call will be accessible to the public on the “Investors” page of the Company’s website located at http://www.bjsrestaurants.com, and a recording of the webcast will be archived on the site for 30 days following the live event. Please allow 15 minutes to register and download and install any necessary software.
**About BJ’s Restaurants, Inc.**
Founded in 1978, BJ’s Restaurants, Inc. is a national casual dining brand with deep brewhouse roots delivering premium food and memorable experiences. With more than 200 restaurants across 31 states, BJ’s brings guests together to celebrate life’s everyday moments over chef-crafted food, award-winning house crafted beer and genuine hospitality in a fresh atmosphere. With signature deep-dish pizzas, the often imitated but never replicated world-famous Pizookie® dessert, pours and more, BJ’s offers something for every taste and every occasion. A pioneer in craft brewing, BJ’s is the most decorated restaurant-brewery in the country, earning over 270 medals since 1996, including the 2025 Questex Vibe Vista Award for Best Beer Program and top rankings across multiple categories at the 2026 World Beer Cup and North American Beer Awards. Whether gathering with family for a weeknight dinner, catching the game with friends or raising a glass to life’s biggest milestones, BJ’s is where moments turn into lasting memories. To learn more, visit www.bjsrestaurants.com or follow @bjsrestaurants on Instagram, Facebook and X.
**Forward-Looking Statements Disclaimer**
Certain statements in the preceding paragraphs and all other statements that are not purely historical constitute “forward-looking” statements for purposes of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Such statements include, but are not limited to, those regarding our anticipated 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. 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. Factors that might cause such differences include, but are not limited to: \(i\) any inability or failure to successfully and adequately address and offset rising costs, including the effects of tariffs and increases in energy, labor, construction and other operational costs, as well as changes in macroeconomic conditions and consumer spending, \(ii\) any inability to manage new restaurant openings, \(iii\) construction delays, \(iv\) wage inflation and competitive labor market conditions which may result in staffing shortages, \(v\) the impact of any union organizing efforts at our restaurants and our responses to such efforts, \(vi\) increases in minimum wage and other employment related costs, including compliance with the Patient Protection and Affordable Care Act and minimum salary requirements for exempt team members, \(vii\) the effect of credit and equity market disruptions on our ability to finance our continued expansion on acceptable terms, \(viii\) food quality and health concerns and the effect of negative publicity about us, our restaurants, other restaurants, or others across the food supply chain, due to food borne illness or other illnesses or other reasons, whether or not accurate, \(ix\) factors that disproportionately impact California, Texas and Florida, where a substantial number of our restaurants are located, \(x\) restaurant and brewery industry competition, \(xi\) impact of certain brewing business considerations, including without limitation, dependence upon suppliers, third party contractors and distributors, and related hazards, \(xii\) consumer spending trends in general for casual dining occasions, \(xiii\) potential uninsured losses and liabilities due to limitations on insurance coverage, \(xiv\) fluctuating commodity costs and availability of food in general and certain raw materials related to the brewing of our craft beers and energy requirements, \(xv\) government regulations and licensing costs, including beer and liquor regulations, \(xvi\) loss of key personnel, \(xvii\) inability to secure acceptable sites, \(xviii\) legal proceedings, \(xix\) the success of our key sales-building and related operational initiatives, \(xx\) any failure of our information technology or security breaches with respect to our electronic systems and data, and \(xxi\) numerous other risks discussed in the Company’s filings with the Securities and Exchange Commission, including its recent reports on Forms 10-K, 10-Q and 8-K.
The “forward-looking” statements contained in this press release are based on current assumptions and expectations, and BJ’s Restaurants, Inc. undertakes no obligation to update or alter its “forward-looking” statements whether as a result of new information, future events or otherwise.
For further information, please contact ICR at \(332\) 242-4370 or at InvestorRelations@BJRI.com.
| \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* |
| \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* | \*\*Unaudited Consolidated Statements of Operations\*\* |
| \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* | \*\*\\\(Dollars in thousands except for per share data\\\)\*\* |
|   | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* |   | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* |
|   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |
| Revenues | $358,625 | $358,625 |   | 100.0 | % | $330,157 | $330,157 |   | 100.0 | % |   | $1,105,631 | $1,105,631 |   | 100.0 | % | $1,043,727 | $1,043,727 |   | 100.0 | % |
| Restaurant operating costs \\\(excluding depreciation and amortization\\\): |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of sales |   | 90,733 |   | 25.3 |   |   | 84,904 |   | 25.7 |   |   |   | 279,747 |   | 25.3 |   |   | 262,527 |   | 25.2 |   |
| Labor and benefits |   | 129,815 |   | 36.2 |   |   | 122,343 |   | 37.1 |   |   |   | 394,026 |   | 35.6 |   |   | 377,369 |   | 36.2 |   |
| Occupancy and operating |   | 85,207 |   | 23.8 |   |   | 81,589 |   | 24.7 |   |   |   | 254,980 |   | 23.1 |   |   | 244,800 |   | 23.5 |   |
| General and administrative |   | 23,680 |   | 6.6 |   |   | 22,432 |   | 6.8 |   |   |   | 71,983 |   | 6.5 |   |   | 65,934 |   | 6.3 |   |
| Depreciation and amortization |   | 21,089 |   | 5.9 |   |   | 19,311 |   | 5.8 |   |   |   | 64,857 |   | 5.9 |   |   | 56,324 |   | 5.4 |   |
| Restaurant opening |   | 130 |   | - |   |   | - |   | - |   |   |   | 232 |   | - |   |   | 663 |   | 0.1 |   |
| Loss on disposal and impairment of assets, net |   | 2,752 |   | 0.8 |   |   | 575 |   | 0.2 |   |   |   | 5,521 |   | 0.5 |   |   | 943 |   | 0.1 |   |
| Total costs and expenses |   | 353,406 |   | 98.5 |   |   | 331,154 |   | 100.3 |   |   |   | 1,071,346 |   | 96.9 |   |   | 1,008,560 |   | 96.6 |   |
| Income \\\(loss\\\) from operations |   | 5,219 |   | 1.5 |   |   | \\\(997 | \\\) | \\\(0.3 | \\\) |   |   | 34,285 |   | 3.1 |   |   | 35,167 |   | 3.4 |   |
| Other income \\\(expense\\\): |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net |   | \\\(358 | \\\) | \\\(0.1 | \\\) |   | \\\(1,183 | \\\) | \\\(0.4 | \\\) |   |   | \\\(2,256 | \\\) | \\\(0.2 | \\\) |   | \\\(3,685 | \\\) | \\\(0.4 | \\\) |
| Other \\\(expense\\\) income, net |   | \\\(192 | \\\) | \\\(0.1 | \\\) |   | 1,181 |   | 0.4 |   |   |   | 750 |   | 0.1 |   |   | 4,881 |   | 0.5 |   |
| Total other \\\(expense\\\) income |   | \\\(550 | \\\) | \\\(0.2 | \\\) |   | \\\(2 | \\\) | - |   |   |   | \\\(1,506 | \\\) | \\\(0.1 | \\\) |   | 1,196 |   | 0.1 |   |
| Income \\\(loss\\\) before income taxes |   | 4,669 |   | 1.3 |   |   | \\\(999 | \\\) | \\\(0.3 | \\\) |   |   | 32,779 |   | 3.0 |   |   | 36,363 |   | 3.5 |   |
| Income tax \\\(benefit\\\) expense |   | \\\(648 | \\\) | \\\(0.2 | \\\) |   | \\\(1,464 | \\\) | \\\(0.4 | \\\) |   |   | \\\(354 | \\\) | - |   |   | 198 |   | - |   |
| Net income | $5,317 | $5,317 |   | 1.5 | % | $465 | $465 |   | 0.1 | % |   | $33,133 | $33,133 |   | 3.0 | % | $36,165 | $36,165 |   | 3.5 | % |
| Net income per share: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic | $0.25 | $0.25 |   |   |   | $0.02 | $0.02 |   |   |   |   | $1.56 | $1.56 |   |   |   | $1.62 | $1.62 |   |   |   |
| Diluted | $0.24 | $0.24 |   |   |   | $0.02 | $0.02 |   |   |   |   | $1.49 | $1.49 |   |   |   | $1.58 | $1.58 |   |   |   |
| Weighted average number of shares outstanding: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic |   | 21,646 |   |   |   |   | 21,893 |   |   |   |   |   | 21,282 |   |   |   |   | 22,265 |   |   |   |
| Diluted |   | 22,582 |   |   |   |   | 22,483 |   |   |   |   |   | 22,175 |   |   |   |   | 22,910 |   |   |   |
| Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. | Percentages reflected above may not reconcile due to rounding. |
| \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* | \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* | \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* | \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* | \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* | \*\*BJ’s\*\*\*\*Restaurants, Inc.\*\* |
| \*\*Selected Consolidated Balance Sheet Information\*\* | \*\*Selected Consolidated Balance Sheet Information\*\* | \*\*Selected Consolidated Balance Sheet Information\*\* | \*\*Selected Consolidated Balance Sheet Information\*\* | \*\*Selected Consolidated Balance Sheet Information\*\* | \*\*Selected Consolidated Balance Sheet Information\*\* |
| \*\*\\\(Dollars in thousands\\\)\*\*<br><br> | \*\*\\\(Dollars in thousands\\\)\*\*<br><br> | \*\*\\\(Dollars in thousands\\\)\*\*<br><br> | \*\*\\\(Dollars in thousands\\\)\*\*<br><br> | \*\*\\\(Dollars in thousands\\\)\*\*<br><br> | \*\*\\\(Dollars in thousands\\\)\*\*<br><br> |
|   | \*\*September 29, 2026 \\\(unaudited\\\)\*\* | \*\*September 29, 2026 \\\(unaudited\\\)\*\* |   | \*\*December 30, 2025\*\* | \*\*December 30, 2025\*\* |
| Cash and cash equivalents | $ | 12,936 |   | $ | 23,781 |
| Total assets | $ | 984,651 |   | $ | 1,015,455 |
| Total debt | $ | 16,000 |   | $ | 85,000 |
| Shareholders’ equity | $ | 410,153 |   | $ | 366,193 |
| \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* |
| \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* | \*\*Unaudited Supplemental Information\*\* |
| \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* | \*\*\\\(Dollars in thousands\\\)\*\* |
|   | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* |   | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* |   |
|   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |   |
| \*\*Stock-based compensation\*\*<sup>\\\(</sup>\[^1\] |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Labor and benefits | $524 | $524 |   | 0.1 | 0.1 | % | $625 | $625 | $625 | $625 |   | 0.2 | % |   | $1,701 | $1,701 | $1,701 |   | 0.2 | 0.2 | % | $1,890 | $1,890 | $1,890 |   | 0.2 | % |   |
| General and administrative |   | 1,720 |   | 0.5 | 0.5 |   |   | 1,608 | 1,608 | 1,608 |   | 0.5 |   |   |   | 5,617 | 5,617 |   | 0.5 | 0.5 |   |   | 4,200 | 4,200 |   | 0.4 |   |   |
| Total stock-based compensation | $2,244 | $2,244 |   | 0.6 | 0.6 | % | $2,233 | $2,233 | $2,233 | $2,233 |   | 0.7 | % |   | $7,318 | $7,318 | $7,318 |   | 0.7 | 0.7 | % | $6,090 | $6,090 | $6,090 |   | 0.6 | % |   |
| <br>\*\*Operating Data\*\* |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Comparable restaurant sales % change |   | 8.1 | % |   |   |   |   | 0.5 | 0.5 | 0.5 | % |   |   |   |   | 5.6 | 5.6 | % |   |   |   |   | 1.8 | 1.8 | % |   |   |   |
| Restaurants opened during period |   | - |   |   |   |   |   | - | - | - |   |   |   |   |   | - | - |   |   |   |   |   | 1 | 1 |   |   |   |   |
| Restaurants open at period-end |   | 219 |   |   |   |   |   | 219 | 219 | 219 |   |   |   |   |   | 219 | 219 |   |   |   |   |   | 219 | 219 |   |   |   |   |
| Restaurant operating weeks |   | 2,847 |   |   |   |   |   | 2,847 | 2,847 | 2,847 |   |   |   |   |   | 8,541 | 8,541 |   |   |   |   |   | 8,529 | 8,529 |   |   |   |   |
| \\\(1\\\) | Percentages represent percent of total revenues and may not reconcile due to rounding. |
**Reconciliation of Non-GAAP Financial Measures**
The Company is reporting certain non-GAAP financial results and related reconciliations to the corresponding GAAP financial measures. These non-GAAP measures are not in accordance with, or a substitute for, measures prepared in accordance with GAAP and may be different from non-GAAP measures used by other companies. These measures should only be used to evaluate the Company’s results of operations in conjunction with corresponding GAAP measures.
Adjusted diluted net income per share is a non-GAAP financial measure that represents net income excluding adjustments intended to provide greater transparency of underlying performance and to allow investors to evaluate our business on the same basis as our management.
Restaurant level operating profit is equal to the revenues generated by our restaurants less their direct operating costs which consist of cost of sales, labor and benefits, and occupancy and operating costs. This performance measure primarily includes the costs that restaurant-level managers can directly control and excludes other operating costs that are essential to conduct the Company’s business, as detailed in the table below. Management uses restaurant level operating profit as a supplemental measure of restaurant performance. Management believes restaurant level operating profit is useful to investors in that it highlights trends in the operating results of our business that may not otherwise be apparent to investors when relying solely on GAAP financial measures.
Adjusted EBITDA is a non-GAAP financial measure that represents the sum of net income adjusted for certain expenses and gains/losses detailed within the reconciliation below. Management uses Adjusted EBITDA as a supplemental measure of our performance. Management believes these measures are useful to investors in that they highlight cash flow and trends in the operating results of our business that may not otherwise be apparent to investors when relying solely on GAAP financial measures.
The following tables, which provide a reconciliation of non-GAAP financial measures, presented in this release, to the most directly comparable financial measures calculated and presented in accordance with GAAP for the third quarter and nine months ended September 29, 2026 and September 30, 2025, are set forth below:
| \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* |
| \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* | \*\*Supplemental Financial Information – Adjusted Diluted Net Income Per Share\*\* |
| \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* |
|   | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* |   | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* |   |
|   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* | \*\*September 30, 2025\*\* |   |
| Net income | $5,317 | $5,317 | $5,317 |   | 1.5 | 1.5 | % | $465 | $465 | $465 |   | 0.1 | % |   | $33,133 | $33,133 | $33,133 |   | 3.0 | 3.0 | % | $36,165 | $36,165 | $36,165 |   | 3.5 | % |   |
| Loss on disposal and impairment of assets, net |   | 2,752 | 2,752 |   | 0.8 | 0.8 |   |   | 575 | 575 |   | 0.2 |   |   |   | 5,521 | 5,521 |   | 0.5 | 0.5 |   |   | 943 | 943 |   | 0.1 |   |   |
| Legal settlements |   | - | - |   | - | - |   |   | - | - |   | - |   |   |   | 750 | 750 |   | 0.1 | 0.1 |   |   | - | - |   | - |   |   |
| Leadership transition expenses, net |   | 82 | 82 |   | - | - |   |   | - | - |   | - |   |   |   | 764 | 764 |   | 0.1 | 0.1 |   |   | - | - |   | - |   |   |
| Tax effect of adjustments<sup>\\\(</sup>\[^1\]<sup>\\\)</sup> |   | \\\(686 | \\\(686 | \\\) | \\\(0.2 | \\\(0.2 | \\\) |   | \\\(139 | \\\(139 | \\\) | - |   |   |   | \\\(1,702 | \\\(1,702 | \\\) | \\\(0.2 | \\\(0.2 | \\\) |   | \\\(228 | \\\(228 | \\\) | - |   |   |
| After tax effect of adjustments |   | 2,148 | 2,148 |   | 0.6 | 0.6 |   |   | 436 | 436 |   | 0.1 |   |   |   | 5,333 | 5,333 |   | 0.5 | 0.5 |   |   | 715 | 715 |   | 0.1 |   |   |
| Adjusted net income | $7,465 | $7,465 | $7,465 |   | 2.1 | 2.1 | % | $901 | $901 | $901 |   | 0.3 | % |   | $38,466 | $38,466 | $38,466 |   | 3.5 | 3.5 | % | $36,880 | $36,880 | $36,880 |   | 3.5 | % |   |
| <br>Diluted weighted average number of shares outstanding: |   | 22,582 | 22,582 |   |   |   |   |   | 22,483 | 22,483 |   |   |   |   |   | 22,175 | 22,175 |   |   |   |   |   | 22,910 | 22,910 |   |   |   |   |
| Diluted net income per share \\\(as reported\\\) | $0.24 | $0.24 | $0.24 |   |   |   |   | $0.02 | $0.02 | $0.02 |   |   |   |   | $1.49 | $1.49 | $1.49 |   |   |   |   | $1.58 | $1.58 | $1.58 |   |   |   |   |
| Adjusted diluted net income per share | $0.33 | $0.33 | $0.33 |   |   |   |   | $0.04 | $0.04 | $0.04 |   |   |   |   | $1.73 | $1.73 | $1.73 |   |   |   |   | $1.61 | $1.61 | $1.61 |   |   |   |   |
| Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. |
| \\\(1\\\) | The tax effect is based on the Company’s annual statutory tax rate of 24.2% for the nine months ended September 29, 2026 and September 30, 2025. |
| \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* |
| \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* | \*\*Supplemental Financial Information – Restaurant Level Operating Profit\*\* |
| \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* |
|   | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* |   | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* |
|   | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* |   | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 29, 2026\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* |   |
| Income \\\(loss\\\) from operations |   | 5,219 | 1.5 |   |   | \\\(997 | \\\) | \\\(0.3 | \\\) |   |   | 34,285 | 3.1 |   |   | 35,167 | 3.4 |   |   |
| General and administrative |   | 23,680 | 6.6 |   |   | 22,432 |   | 6.8 |   |   |   | 71,983 | 6.5 |   |   | 65,934 | 6.3 |   |   |
| Depreciation and amortization |   | 21,089 | 5.9 |   |   | 19,311 |   | 5.8 |   |   |   | 64,857 | 5.9 |   |   | 56,324 | 5.4 |   |   |
| Restaurant opening |   | 130 | - |   |   | - |   | - |   |   |   | 232 | - |   |   | 663 | 0.1 |   |   |
| Loss on disposal and impairment of assets, net |   | 2,752 | 0.8 |   |   | 575 |   | 0.2 |   |   |   | 5,521 | 0.5 |   |   | 943 | 0.1 |   |   |
| Restaurant level operating profit |   | $52,870 | 14.7 | % |   | $41,321 |   | 12.5 | % |   |   | $176,878 | 16.0 | % |   | $159,031 | 15.2 | % |   |
| Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. |
| \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* | \*\*BJ’s Restaurants, Inc.\*\* |
| \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* | \*\*Supplemental Financial Information –Adjusted EBITDA\*\* |
| \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* | \*\*\\\(Unaudited, dollars in thousands\\\)\*\* |
|   | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* | \*\*Third Quarter Ended\*\* |   | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* | \*\*Nine Months Ended\*\* |
|   | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* |   | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 29,2026\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* | \*\*September 30,2025\*\* |
| Net income |   | $5,317 |   | 1.5 | % |   | $465 |   | 0.1 | % |   |   | $33,133 |   | 3.0 | % |   | $36,165 |   | 3.5 | % |
| Interest expense, net |   | 358 |   | 0.1 |   |   | 1,183 |   | 0.4 |   |   |   | 2,256 |   | 0.2 |   |   | 3,685 |   | 0.4 |   |
| Income tax \\\(benefit\\\) expense |   | \\\(648 | \\\) | \\\(0.2 | \\\) |   | \\\(1,464 | \\\) | \\\(0.4 | \\\) |   |   | \\\(354 | \\\) | - |   |   | 198 |   | - |   |
| Depreciation and amortization |   | 21,089 |   | 5.9 |   |   | 19,311 |   | 5.8 |   |   |   | 64,857 |   | 5.9 |   |   | 56,324 |   | 5.4 |   |
| Stock-based compensation expense |   | 2,244 |   | 0.6 |   |   | 2,233 |   | 0.7 |   |   |   | 7,318 |   | 0.7 |   |   | 6,090 |   | 0.6 |   |
| Loss on disposal and impairment of assets, net |   | 2,752 |   | 0.8 |   |   | 575 |   | 0.2 |   |   |   | 5,521 |   | 0.5 |   |   | 943 |   | 0.1 |   |
| Other expense \\\(income\\\), net |   | 192 |   | 0.1 |   |   | \\\(1,181 | \\\) | \\\(0.4 | \\\) |   |   | 750 |   | 0.1 |   |   | \\\(4,881 | \\\) | \\\(0.5 | \\\) |
| Legal settlements |   | - |   | - |   |   | - |   | - |   |   |   | 750 |   | 0.1 |   |   | - |   | - |   |
| Leadership transition expenses, net |   | 82 |   | - |   |   | - |   | - |   |   |   | 764 |   | 0.1 |   |   | - |   | - |   |
| Adjusted EBITDA |   | $31,386 |   | 8.8 | % |   | $21,122 |   | 6.4 | % |   |   | $114,995 |   | 10.4 | % |   | $98,524 |   | 9.4 | % |
| Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. | Percentages above represent percent of total revenues and may not reconcile due to rounding. |



---

[^1]: ,071,346</content>
                </data>
            

                <data>
                    <label>BJRI 10-Q, date: 2026-11-05 22:45 UTC</label>
                    <content>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 September 29, 2026 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 BJ’S RESTAURANTS, INC . (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 November 3, 2 026, there were 21,899,859 sh ares of Common Stock of the Registrant outstanding.

BJ’S RESTAURANTS, INC. TABLE OF CONTENTS

|          |     |                                                                                       | Page |
| PART I.  |     | FINANCIAL INFORMATION                                                                 |      |
| Item 1.  |     | Consolidated Financial Statements                                                     |    2 |
|          |     | Consolidated Balance Sheets –                                                         
 September 29, 2026 (Unaudited) and December 30, 2025                                  |    2 |
|          |     | Unaudited Consolidated Statements of Income –                                         
 Thirteen and Thirty-Nine Weeks Ended September 29, 2026 and September 30, 2025        |    3 |
|          |     | Unaudited Consolidated Statements of Shareholders’ Equity –                           
 Thirteen and Thirty-Nine Weeks Ended September 29, 2026 and September 30, 2025        |    4 |
|          |     | Unaudited Consolidated Statements of Cash Flows –                                     
 Thirteen and Thirty-Nine Weeks Ended September 29, 2026 and September 30, 2025        |    5 |
|          |     | Notes to Unaudited Consolidated Financial Statements                                  |    7 |
| Item 2.  |     | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   16 |
| Item 3.  |     | Quantitative and Qualitative Disclosures about Market Risk                            |   21 |
| Item 4.  |     | Controls and Procedures                                                               |   22 |
| PART II. |     | OTHER INFORMATION                                                                     |      |
| Item 1.  |     | Legal Proceedings                                                                     |   23 |
| Item 1A. |     | Risk Factors                                                                          |   23 |
| Item 2.  |     | Unregistered Sales of Equity Securities and Use of Proceeds                           |   23 |
| Item 5.  |     | Other Information                                                                     |   23 |
| Item 6.  |     | Exhibits                                                                              |   24 |
|          |     | SIGNATURES                                                                            |   25 |

<div align='center'>1</div>

PART I. FINANCI AL INFORMATION ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS BJ’S RESTAURANTS, INC. CONSOLIDATED B ALANCE SHEETS (In thousands)

|                                                                                                                                                                        |     |   | September 29, 2026 |     |   | December 30, 2025 |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|-------------------:|:----|:--|------------------:|
|                                                                                                                                                                        |     |   |         -unaudited |     |   |                   |
| Assets                                                                                                                                                                 |     |   |                    |     |   |                   |
| Current assets:                                                                                                                                                        |     |   |                    |     |   |                   |
| Cash and cash equivalents                                                                                                                                              |     | $ |             12,936 |     | $ |            23,781 |
| Accounts and other receivables, net                                                                                                                                    |     |   |             16,894 |     |   |            18,391 |
| Inventories, net                                                                                                                                                       |     |   |             12,987 |     |   |            13,106 |
| Prepaid expenses and other current assets                                                                                                                              |     |   |              9,946 |     |   |            19,647 |
| Total current assets                                                                                                                                                   |     |   |             52,763 |     |   |            74,925 |
| Land held for sale                                                                                                                                                     |     |   |                663 |     |   |                 — |
| Property and equipment, net                                                                                                                                            |     |   |            506,036 |     |   |           502,108 |
| Operating lease assets                                                                                                                                                 |     |   |            298,245 |     |   |           314,178 |
| Goodwill                                                                                                                                                               |     |   |              4,673 |     |   |             4,673 |
| Intangible assets, net                                                                                                                                                 |     |   |              2,608 |     |   |               129 |
| Equity method investment                                                                                                                                               |     |   |              3,922 |     |   |             4,083 |
| Deferred income taxes, net                                                                                                                                             |     |   |             70,722 |     |   |            67,300 |
| Other assets, net                                                                                                                                                      |     |   |             45,019 |     |   |            48,059 |
| Total assets                                                                                                                                                           |     | $ |            984,651 |     | $ |         1,015,455 |
| Liabilities and Shareholders’ Equity                                                                                                                                   |     |   |                    |     |   |                   |
| Current liabilities:                                                                                                                                                   |     |   |                    |     |   |                   |
| Accounts payable                                                                                                                                                       |     | $ |             44,116 |     | $ |            38,353 |
| Accrued expenses                                                                                                                                                       |     |   |            113,350 |     |   |           105,336 |
| Current operating lease obligations                                                                                                                                    |     |   |             43,751 |     |   |            44,086 |
| Total current liabilities                                                                                                                                              |     |   |            201,217 |     |   |           187,775 |
| Long-term operating lease obligations                                                                                                                                  |     |   |            340,949 |     |   |           361,672 |
| Long-term debt                                                                                                                                                         |     |   |             16,000 |     |   |            85,000 |
| Other liabilities                                                                                                                                                      |     |   |             16,332 |     |   |            14,815 |
| Total liabilities                                                                                                                                                      |     |   |            574,498 |     |   |           649,262 |
| Commitments and contingencies                                                                                                                                          |     |   |                    |     |   |                   |
| Shareholders’ equity:                                                                                                                                                  |     |   |                    |     |   |                   |
| Preferred stock, no par value, 5,000 shares authorized, none issued or outstanding                                                                                     |     |   |                  — |     |   |                 — |
| Common stock, no par value, 125,000 shares authorized and 21,878 and 21,114 shares issued and outstanding as of September 29, 2026 and December 30, 2025, respectively |     |   |                  — |     |   |                 — |
| Capital surplus                                                                                                                                                        |     |   |             62,648 |     |   |            75,020 |
| Retained earnings                                                                                                                                                      |     |   |            347,505 |     |   |           291,173 |
| Total shareholders’ equity                                                                                                                                             |     |   |            410,153 |     |   |           366,193 |
| Total liabilities and shareholders’ equity                                                                                                                             |     | $ |            984,651 |     | $ |         1,015,455 |

See accompanying notes to unaudited consolidated financial statements.

<div align='center'>2</div>

BJ’S RESTAURANTS, INC. UNAUDITED CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share data)

|                                                                       |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |   |     |   | September 30, 2025 |   |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:----------------------------------------------------------------------|:----|:--|-----------------------------:|:--|:----|:--|-------------------:|:--|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Revenues                                                              |     | $ |                      358,625 |   |     | $ |            330,157 |   |     | $ |                       1,105,631 |   |     | $ |          1,043,727 |   |
| Restaurant operating costs (excluding depreciation and amortization): |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Cost of sales                                                         |     |   |                       90,733 |   |     |   |             84,904 |   |     |   |                         279,747 |   |     |   |            262,527 |   |
| Labor and benefits                                                    |     |   |                      129,815 |   |     |   |            122,343 |   |     |   |                         394,026 |   |     |   |            377,369 |   |
| Occupancy and operating                                               |     |   |                       85,207 |   |     |   |             81,589 |   |     |   |                         254,980 |   |     |   |            244,800 |   |
| General and administrative                                            |     |   |                       23,680 |   |     |   |             22,432 |   |     |   |                          71,983 |   |     |   |             65,934 |   |
| Depreciation and amortization                                         |     |   |                       21,089 |   |     |   |             19,311 |   |     |   |                          64,857 |   |     |   |             56,324 |   |
| Restaurant opening                                                    |     |   |                          130 |   |     |   |                  — |   |     |   |                             232 |   |     |   |                663 |   |
| Loss on disposal and impairment of assets, net                        |     |   |                        2,752 |   |     |   |                575 |   |     |   |                           5,521 |   |     |   |                943 |   |
| Total costs and expenses                                              |     |   |                      353,406 |   |     |   |            331,154 |   |     |   |                       1,071,346 |   |     |   |          1,008,560 |   |
| Income (loss) from operations                                         |     |   |                        5,219 |   |     |   |               (997 | ) |     |   |                          34,285 |   |     |   |             35,167 |   |
| Other income (expense):                                               |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Interest expense, net                                                 |     |   |                         (358 | ) |     |   |             (1,183 | ) |     |   |                          (2,256 | ) |     |   |             (3,685 | ) |
| Other (expense) income, net                                           |     |   |                         (192 | ) |     |   |              1,181 |   |     |   |                             750 |   |     |   |              4,881 |   |
| Total other (expense) income                                          |     |   |                         (550 | ) |     |   |                 (2 | ) |     |   |                          (1,506 | ) |     |   |              1,196 |   |
| Income (loss) before income taxes                                     |     |   |                        4,669 |   |     |   |               (999 | ) |     |   |                          32,779 |   |     |   |             36,363 |   |
| Income tax (benefit) expense                                          |     |   |                         (648 | ) |     |   |             (1,464 | ) |     |   |                            (354 | ) |     |   |                198 |   |
| Net income                                                            |     | $ |                        5,317 |   |     | $ |                465 |   |     | $ |                          33,133 |   |     | $ |             36,165 |   |
| Net income per share:                                                 |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Basic                                                                 |     | $ |                         0.25 |   |     | $ |               0.02 |   |     | $ |                            1.56 |   |     | $ |               1.62 |   |
| Diluted                                                               |     | $ |                         0.24 |   |     | $ |               0.02 |   |     | $ |                            1.49 |   |     | $ |               1.58 |   |
| Weighted average number of shares outstanding:                        |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Basic                                                                 |     |   |                       21,646 |   |     |   |             21,893 |   |     |   |                          21,282 |   |     |   |             22,265 |   |
| Diluted                                                               |     |   |                       22,582 |   |     |   |             22,483 |   |     |   |                          22,175 |   |     |   |             22,910 |   |

See accompanying notes to unaudited consolidated financial statements.

<div align='center'>3</div>

BJ’S RESTAURANTS, INC. UNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In thousands)

|                                                             |     |    For the Thirteen Weeks Ended 
                    Common Stock 
                          Shares |   |     |   |  Amount |   |     |   | Capital 
 Surplus |   |     |   | Retained 
 Earnings |   |     |   |   Total |   |
|:------------------------------------------------------------|:----|--------------------------------:|:--|:----|:--|--------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:--|:----|:--|--------:|:--|
| Balance, July 1, 2025                                       |     |                          22,181 |   |     | $ |       — |   |     | $ |  73,193 |   |     | $ |  313,371 |   |     | $ | 386,564 |   |
| Exercise of stock options                                   |     |                               5 |   |     |   |     214 |   |     |   |     (75 | ) |     |   |        — |   |     |   |     139 |   |
| Issuance of restricted stock units                          |     |                              42 |   |     |   |   1,032 |   |     |   |  (1,123 | ) |     |   |        — |   |     |   |     (91 | ) |
| Repurchase, retirement and reclassification of common stock |     |                            (996 | ) |     |   |  (1,246 | ) |     |   |       — |   |     |   |  (31,929 | ) |     |   | (33,175 | ) |
| Stock-based compensation                                    |     |                               — |   |     |   |       — |   |     |   |   2,296 |   |     |   |        — |   |     |   |   2,296 |   |
| Net income                                                  |     |                               — |   |     |   |       — |   |     |   |       — |   |     |   |      465 |   |     |   |     465 |   |
| Balance, September 30, 2025                                 |     |                          21,232 |   |     | $ |       — |   |     | $ |  74,291 |   |     | $ |  281,907 |   |     | $ | 356,198 |   |
| Balance, June 30, 2026                                      |     |                          21,179 |   |     | $ |       — |   |     | $ |  72,265 |   |     | $ |  325,133 |   |     | $ | 397,398 |   |
| Exercise of stock options                                   |     |                             150 |   |     |   |   8,765 |   |     |   |  (2,198 | ) |     |   |        — |   |     |   |   6,567 |   |
| Issuance of restricted stock units                          |     |                              27 |   |     |   |   1,298 |   |     |   |  (1,632 | ) |     |   |        — |   |     |   |    (334 | ) |
| Cashless warrant exercise                                   |     |                             539 |   |     |   |   8,015 |   |     |   |  (8,015 | ) |     |   |        — |   |     |   |       — |   |
| Repurchase, retirement and reclassification of common stock |     |                             (17 | ) |     |   | (18,078 | ) |     |   |       — |   |     |   |   17,055 |   |     |   |  (1,023 | ) |
| Stock-based compensation                                    |     |                               — |   |     |   |       — |   |     |   |   2,228 |   |     |   |        — |   |     |   |   2,228 |   |
| Net income                                                  |     |                               — |   |     |   |       — |   |     |   |       — |   |     |   |    5,317 |   |     |   |   5,317 |   |
| Balance, September 29, 2026                                 |     |                          21,878 |   |     | $ |       — |   |     | $ |  62,648 |   |     | $ |  347,505 |   |     | $ | 410,153 |   |
|                                                             |     | For the Thirty-Nine Weeks Ended |   |     |   |         |   |     |   |         |   |     |   |          |   |     |   |         |   |
|                                                             |     |                    Common Stock |   |     |   |         |   |     |   | Capital |   |     |   | Retained |   |     |   |         |   |
|                                                             |     |                          Shares |   |     |   |  Amount |   |     |   | Surplus |   |     |   | Earnings |   |     |   |   Total |   |
| Balance, December 31, 2024                                  |     |                          22,697 |   |     | $ |       — |   |     | $ |  77,576 |   |     | $ |  292,441 |   |     | $ | 370,017 |   |
| Exercise of stock options                                   |     |                             190 |   |     |   |   9,700 |   |     |   |  (2,861 | ) |     |   |        — |   |     |   |   6,839 |   |
| Issuance of restricted stock units                          |     |                             183 |   |     |   |   6,006 |   |     |   |  (6,746 | ) |     |   |        — |   |     |   |    (740 | ) |
| Repurchase, retirement and reclassification of common stock |     |                          (1,838 | ) |     |   | (15,706 | ) |     |   |       — |   |     |   |  (46,699 | ) |     |   | (62,405 | ) |
| Stock-based compensation                                    |     |                               — |   |     |   |       — |   |     |   |   6,322 |   |     |   |        — |   |     |   |   6,322 |   |
| Net income                                                  |     |                               — |   |     |   |       — |   |     |   |       — |   |     |   |   36,165 |   |     |   |  36,165 |   |
| Balance, September 30, 2025                                 |     |                          21,232 |   |     | $ |       — |   |     | $ |  74,291 |   |     | $ |  281,907 |   |     | $ | 356,198 |   |
| Balance, December 30, 2025                                  |     |                          21,114 |   |     | $ |       — |   |     | $ |  75,020 |   |     | $ |  291,173 |   |     | $ | 366,193 |   |
| Exercise of stock options                                   |     |                             319 |   |     |   |  18,127 |   |     |   |  (5,370 | ) |     |   |        — |   |     |   |  12,757 |   |
| Issuance of restricted stock units                          |     |                             138 |   |     |   |   5,756 |   |     |   |  (6,563 | ) |     |   |        — |   |     |   |    (807 | ) |
| Cashless warrant exercise                                   |     |                             539 |   |     |   |   8,015 |   |     |   |  (8,015 | ) |     |   |        — |   |     |   |       — |   |
| Repurchase, retirement and reclassification of common stock |     |                            (232 | ) |     |   | (31,898 | ) |     |   |       — |   |     |   |   23,199 |   |     |   |  (8,699 | ) |
| Stock-based compensation                                    |     |                               — |   |     |   |       — |   |     |   |   7,576 |   |     |   |        — |   |     |   |   7,576 |   |
| Net income                                                  |     |                               — |   |     |   |       — |   |     |   |       — |   |     |   |   33,133 |   |     |   |  33,133 |   |
| Balance, September 29, 2026                                 |     |                          21,878 |   |     | $ |       — |   |     | $ |  62,648 |   |     | $ |  347,505 |   |     | $ | 410,153 |   |

See accompanying notes to unaudited consolidated financial statements.

<div align='center'>4</div>

BJ’S RESTAURANTS, INC. UNAUDITED CONSOLIDATED S TATEMENTS OF CASH FLOWS (In thousands)

|                                                                                   |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:----------------------------------------------------------------------------------|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Cash flows from operating activities:                                             |     |   |                                 |   |     |   |                    |   |
| Net income                                                                        |     | $ |                          33,133 |   |     | $ |             36,165 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |     |   |                                 |   |     |   |                    |   |
| Depreciation and amortization (1)                                                 |     |   |                          65,420 |   |     |   |             56,324 |   |
| Non-cash lease expense                                                            |     |   |                          26,980 |   |     |   |             25,758 |   |
| Amortization of financing costs                                                   |     |   |                             174 |   |     |   |                167 |   |
| Deferred income taxes, net                                                        |     |   |                          (3,422 | ) |     |   |             (2,893 | ) |
| Stock-based compensation expense                                                  |     |   |                           7,318 |   |     |   |              6,090 |   |
| Loss on disposal and impairment of assets, net                                    |     |   |                           5,521 |   |     |   |                943 |   |
| Equity method investment                                                          |     |   |                             161 |   |     |   |                 73 |   |
| Changes in assets and liabilities:                                                |     |   |                                 |   |     |   |                    |   |
| Accounts and other receivables, net                                               |     |   |                           1,497 |   |     |   |              4,293 |   |
| Inventories, net                                                                  |     |   |                             119 |   |     |   |                752 |   |
| Prepaid expenses and other current assets                                         |     |   |                           1,817 |   |     |   |              2,126 |   |
| Other assets, net                                                                 |     |   |                            (886 | ) |     |   |             (3,432 | ) |
| Accounts payable                                                                  |     |   |                           1,423 |   |     |   |             (5,107 | ) |
| Accrued expenses                                                                  |     |   |                           7,784 |   |     |   |               (148 | ) |
| Operating lease assets and liabilities                                            |     |   |                         (32,774 | ) |     |   |            (29,847 | ) |
| Other liabilities                                                                 |     |   |                           1,517 |   |     |   |                696 |   |
| Net cash provided by operating activities                                         |     |   |                         115,782 |   |     |   |             91,960 |   |
| Cash flows from investing activities:                                             |     |   |                                 |   |     |   |                    |   |
| Purchases of property and equipment                                               |     |   |                         (58,687 | ) |     |   |            (58,513 | ) |
| Proceeds from disposal of assets                                                  |     |   |                              59 |   |     |   |                 39 |   |
| Internally developed software                                                     |     |   |                          (2,250 | ) |     |   |                  — |   |
| Net cash used in investing activities                                             |     |   |                         (60,878 | ) |     |   |            (58,474 | ) |
| Cash flows from financing activities:                                             |     |   |                                 |   |     |   |                    |   |
| Borrowings on credit facility                                                     |     |   |                         659,000 |   |     |   |            803,187 |   |
| Payments on credit facility                                                       |     |   |                        (728,000 | ) |     |   |           (780,187 | ) |
| Payments of debt issuance costs                                                   |     |   |                               — |   |     |   |               (845 | ) |
| Taxes paid on vested stock units under employee plans                             |     |   |                            (807 | ) |     |   |               (740 | ) |
| Proceeds from exercise of stock options                                           |     |   |                          12,757 |   |     |   |              6,839 |   |
| Repurchase of common stock                                                        |     |   |                          (8,699 | ) |     |   |            (62,405 | ) |
| Net cash used in financing activities                                             |     |   |                         (65,749 | ) |     |   |            (34,151 | ) |
| Net decrease in cash and cash equivalents                                         |     |   |                         (10,845 | ) |     |   |               (665 | ) |
| Cash and cash equivalents, beginning of period                                    |     |   |                          23,781 |   |     |   |             26,096 |   |
| Cash and cash equivalents, end of period                                          |     | $ |                          12,936 |   |     | $ |             25,431 |   |

See accompanying notes to unaudited consolidated financial statements. (1) The thirty-nine weeks ended September 29, 2026 includes $ 0.6 million of depreciation expense related to brewery operations, which is recorded as Cost of sales on our Consolidated Statements o f Income.

<div align='center'>5</div>

BJ’S RESTAURANTS, INC. UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)

|                                                                             |                                                                         |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:----------------------------------------------------------------------------|:------------------------------------------------------------------------|:--|--------------------------------:|:----|:--|-------------------:|
| Supplemental disclosure of cash flow information:                           |                                                                         |   |                                 |     |   |                    |
| Cash paid for income taxes                                                  |                                                                         | $ |                           4,120 |     | $ |              4,925 |
| Cash paid for interest, net of capitalized interest                         |                                                                         | $ |                           1,745 |     | $ |              2,895 |
| Cash paid for operating lease obligations                                   |                                                                         | $ |                          50,159 |     | $ |             48,753 |
|                                                                             | Supplemental disclosure of non-cash investing and financing activities: |   |                                 |     |   |                    |
| Operating lease assets obtained in exchange for operating lease obligations |                                                                         | $ |                          13,732 |     | $ |              7,086 |
| Property and equipment acquired and included in accounts payable            |                                                                         | $ |                           5,488 |     | $ |              3,727 |
| Stock-based compensation capitalized                                        |                                                                         | $ |                             258 |     | $ |                232 |

See accompanying notes to unaudited consolidated financial statements.

<div align='center'>6

BJ’S RESTAURANTS, INC.

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS</div>

1. BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of BJ’s Restaurants, Inc. (referred to herein as the “Company,” “we,” “us” and “our”) and our wholly owned subsidiaries. The consolidated financial statements presented herein include all material adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of our financial condition, results of operations, shareholders’ equity and cash flows for the periods presented. Our consolidated financial statements and accompanying notes have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures normally included in consolidated financial statements in accordance with U.S. GAAP have been omitted pursuant to the U.S. Securities and Exchange Commission (“SEC”) rules. The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates and assumptions for the reporting periods covered by the financial statements. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual amounts could differ from these estimates. Our operating results for the thirty-nine weeks ended September 29, 2026 may not be indicative of operating results for the entire year. A description of our accounting policies and other financial information is included in our audited consolidated financial statements filed with the SEC on Form 10-K for the fiscal year ended December 30, 2025 . The disclosures included in our accompanying interim consolidated financial statements and footnotes should be read in conjunction with our consolidated financial statements and notes thereto included in the Annual Report on Form 10-K and our other reports filed from time to time with the Securities and Exchange Commission. Intangible Assets We capitalize qualifying costs incurred in the development of software for internal use. Costs incurred during the preliminary project stage are expensed as incurred, while qualifying costs incurred during the application development stage are capitalized. Capitalized costs are included in intangible assets, net and amortized on a straight-line basis over the estimated useful life of the software once the software is placed into service. During the thirty-nine weeks ended September 29, 2026 and September 30, 2025 , we amortized $ 0.2 million and less than $ 0.1 million, respectively, related to these costs. Training, maintenance, and other post-implementation costs are expensed as incurred. Recently Issued Accounting Standards In November 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2024-03, Disaggregation of Income Statement Expenses (Subtopic 220-40). The ASU requires public entities to disaggregate, in a tabular presentation, certain income statement expenses into different categories, such as purchases of inventory, employee compensation, depreciation, and intangible asset amortization. The guidance is effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted, and may be applied retrospectively. We are currently evaluating the impact of adopting the new ASU on our consolidated financial statements and related disclosures. In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic: 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The ASU modernizes certain aspects of the accounting for software costs to develop or obtain software for internal use under Accounting Standards Codification 350-40. The ASU requires entities to begin capitalizing software costs when management authorizes and commits to funding the software project, and it is probable that the project will be completed and the software will be used for its intended purpose. The guidance is effective for fiscal years beginning after December 15, 2027, and interim periods within those fiscal years, and early adoption is permitted. We are currently evaluating the impact of adopting this new ASU on our consolidated financial statements and related disclosures.

2. REVENUE RECOGNITION Our revenues are comprised of food and beverage sales from our restaurants, including takeout, delivery and catering sales. Revenues from restaurant sales are recognized when payment is tendered. Amounts paid with a credit card are recorded in accounts and other receivables until payment is collected from the credit card processor. We sell gift cards which do not have an expiration date, and we do not deduct non-usage fees from outstanding gift card balances. Gift card sales are recorded as a liability and recognized as revenues upon redemption in our restaurants. Based on historical redemption rates, a portion of our gift card sales are not expected to be redeemed and will be recognized as gift card “breakage.” Estimated gift card breakage is recorded as revenue and recognized in proportion to our historical redemption pattern, unless there is a legal obligation to remit the unredeemed gift cards to government authorities.

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Our “BJ’s Premier Rewards Plus” guest loyalty program enables participants to earn points for qualifying purchases that can be redeemed for food and beverages in the future. We allocate the transaction price between the goods delivered and the future goods that will be delivered on a relative standalone selling price basis, and defer the revenues allocated to the points, less expected expirations, until such points are redeemed.

The liability related to our gift card and loyalty program, included in “Accrued expenses” on our Consolidated Balance Sheets is as follows (in thousands):

|                          |     |   | September 29, 2026 |     |   | December 30, 2025 |
|:-------------------------|:----|:--|-------------------:|:----|:--|------------------:|
| Gift card liability      |     | $ |             10,987 |     | $ |            16,060 |
| Deferred loyalty revenue |     | $ |              2,045 |     | $ |             3,023 |

Revenue recognized for the redemption of gift cards and loyalty rewards deferred at the beginning of each respective fiscal year is as follows (in thousands):

|                                               |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |     |   | September 30, 2025 |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:----------------------------------------------|:----|:--|-----------------------------:|:----|:--|-------------------:|:----|:--|--------------------------------:|:----|:--|-------------------:|
| Revenue recognized from gift card liability   |     | $ |                        1,318 |     | $ |              1,458 |     | $ |                           9,061 |     | $ |              9,370 |
| Revenue recognized from guest loyalty program |     | $ |                          142 |     | $ |              1,088 |     | $ |                           2,932 |     | $ |              8,153 |

3. LEASES

We determine if a contract contains a lease at inception. Our material operating leases consist of restaurant locations and office space. U.S. GAAP requires that our leases be evaluated and classified as operating or finance leases for financial reporting purposes. The classification evaluation begins at the commencement date, and the lease term used in the evaluation includes the non-cancellable period for which we have the right to use the underlying asset, together with renewal option periods when the exercise of the renewal option is reasonably certain and failure to exercise such option would result in an economic penalty. All of our restaurant and office space leases are classified as operating leases. We have elected to account for lease and non-lease components as a single lease component for office and beverage equipment. We do not have any finance leases.

Lease costs included within our Consolidated Statements of Incomeconsisted of the following (in thousands):

|                   |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |     |   | September 30, 2025 |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:------------------|:----|:--|-----------------------------:|:----|:--|-------------------:|:----|:--|--------------------------------:|:----|:--|-------------------:|
| Operating         |     | $ |                       14,918 |     | $ |             14,994 |     | $ |                          44,268 |     | $ |             44,491 |
| Variable          |     |   |                          888 |     |   |                762 |     |   |                           3,238 |     |   |              2,801 |
| Short-term        |     |   |                          320 |     |   |                300 |     |   |                             945 |     |   |                987 |
| Total lease costs |     | $ |                       16,126 |     | $ |             16,056 |     | $ |                          48,451 |     | $ |             48,279 |

4. 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.A. (“BofA”), JPMorgan Chase Bank, N.A., and certain other parties to amend and restate our revolving line of credit (the “Line of Credit”) to extend the maturity date, obtain a swingline subfacility, modify the interest rate, and revise certain loan covenants. 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. Availability under the Credit Facility is reduced by outstanding letters of credit, which are used to support our self-insurance programs. On September 29, 2026, there were borrowings of $ 16.0 million and letters of credit of $ 15.6 million outstanding, leaving $ 183.4 million available to borrow. Borrowings under the Line of Credit bear interest at an annual rate equal to either (a) the Secured Overnight Financing Rate (“Term SOFR”), adjusted by 10 basis points regardless of the duration of the Term SOFR, plus a percentage not to exceed 2.00 %, or (b) the Base Rate plus a percentage not to exceed 1.00 %. As with swingline loans: (i) the percentage adjustment depends on the level of lease and debt obligations of the Company as compared to EBITDA and lease expenses; and (ii) there is a floor of 0.00 % on Term SOFR plus the 10 basis point adjust ment. The weighted average interest rate during the thirty-nine weeks ended September 29, 2026 and September 30, 2025 was approximately 5.0 % and 5.9 %, respectively .

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The Credit Agreement contains certain representations and warranties, affirmative and negative covenants and events of default that are customary for credit arrangements of this type, including covenants which restrict or limit the Company’s ability to, among other things, create liens, borrow money (other than purchase money indebtedness and trade credit, lease obligations incurred in the ordinary course, and similar ordinary course liabilities), make dividends, and engage in mergers, consolidations, significant asset sales, stock repurchases and certain other transactions. On September 29, 2026, we were in compliance with these covenants. Pursuant to the Credit Agreement, the Company will be required to pay certain customary fees and expenses associated with maintenance and use of the Line of Credit including letter of credit issuance fees and unused commitment fees. Interest expense and commitment fees under the Credit Facility were ap proximately $ 2.3 million and $ 3.7 million, for the thirty-nine weeks ended September 29, 2026 and September 30, 2025, respectively. We also capitalized approximately $ 0.4 million and $ 0.1 million of interest expense related to new restaurant construction and remodels during the thirty-nine weeks ended September 29, 2026 and September 30, 2025, respectively. Additionally, during the thirty-nine weeks ended September 30, 2025, we capitalized approximat ely $ 0.8 m illion of fees related to the Fifth Amended and Restated Credit Agreement, which are being amortized over the remaining term of the Credit Facility. These fees are presented as an asset and recorded in “Other assets, net” on our Consolidated Balance Sheets. For each of the thirty-nine weeks ended September 29, 2026 and September 30, 2025, we amortized $ 0.2 million and $ 0.2 million of these fees, respectively, which is included as a component of “Interest expense, net” on our Consolidated Statements of Income. At September 29, 2026 and December 30, 2025, unamortized fees were $ 0.9 million and $ 1.0 million, respectively.

5. FAIR VALUE MEASUREMENTS

ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 establishes a three-level hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs in measuring fair value. Fair value measurements are estimated based on valuation techniques and inputs categorized as follows:

• Level 1 : Quoted prices in active markets for identical assets or liabilities.

• Level 2 : Observable inputs other than quoted prices in active markets for identical assets and liabilities.

• Level 3: Unobservable inputs in which little or no market activity exists, therefore requiring the Company to develop its own assumptions.

There werenotransfers among levels within the fair value hierarchy during thethirty-nine weeks ended September 29, 2026.The following table presents the fair values for our financial assets and liabilities measured on a recurring basis (in thousands):

|                                          |     | Level | Fair Value Measurements |   | September 29, 2026 |     |   | December 30, 2025 |
|:-----------------------------------------|:----|------:|:------------------------|:--|-------------------:|:----|:--|------------------:|
| Deferred compensation plan - assets      |     |     1 |                         | $ |             14,916 |     | $ |            13,508 |
| Deferred compensation plan - liabilities |     |     1 |                         | $ |             15,565 |     | $ |            14,042 |

The Company’s financial statements include cash and cash equivalents, accounts and other receivables, accounts payable, and accrued expenses for which the carrying amounts approximate fair value due to their short-term maturity. At September 29, 2026 and December 30, 2025, the fair value of our Credit Facility approximated its carrying value since it is a variable rate credit facility (Level 2).

Non-financial instruments measured at fair value, on a nonrecurring basis, include certain property and equipment and operating lease assets for which an impairment loss was recognized and recorded within our consolidated financial statements.The following table presents the carrying value after impairment loss and the related impairment loss (in thousands):

|                                     |     | Level |     |   |              Impairment Loss 
 For the Thirteen Weeks Ended 
           September 29, 2026 |     |   | September 30, 2025 |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:------------------------------------|:----|------:|:----|:--|-----------------------------:|:----|:--|:-------------------|:----|:--|--------------------------------:|:----|:--|:-------------------|
| Long-lived assets held for use      |     |     3 |     | $ |                          949 |     | $ | -                  |     | $ |                             949 |     | $ | -                  |
| Operating lease right of use assets |     |     3 |     | $ |                          669 |     | $ | -                  |     | $ |                             669 |     | $ | -                  |

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|                                     |     | Level |     |   |     Carrying Value 
 September 29, 2026 |     |   | December 30, 2025 |
|:------------------------------------|:----|------:|:----|:--|-------------------:|:----|:--|:------------------|
| Long-lived assets held for use      |     |     3 |     | $ |                  - |     | $ | -                 |
| Operating lease right of use assets |     |     3 |     | $ |                654 |     | $ | -                 |

The fair value of these assets represents a Level 3 fair value measurement. Unobservable inputs include the discount rate, and projected restaurant revenues and expenses. For the operating lease assets’ fair value estimate as of September 29, 2026 and December 30, 2025, the Company estimated the sublease income through lease expiration and discounted such cash flows using a property specific discount rate of approximately7%.

6. NET INCOME PER SHARE

Basic and diluted net income per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period. The number of diluted shares reflects the potential dilution that could occur if holders of in-the-money options were to exercise their right to convert these instruments into common stock and unvested restricted stock units (“RSUs”) were to vest. Additionally, performance-based RSUs are considered contingent shares; therefore, at each reporting date we determine the probable number of shares that will vest and include these contingently issuable shares in our diluted share calculation unless they are anti-dilutive. Once these performance-based RSUs vest, they are included in our basic net income per share calculation.

The following table presents a reconciliation of basic and diluted net income per share, including the number of dilutive equity awards included in the dilutive net income per share computation (in thousands):

|                                               |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |     |   | September 30, 2025 |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:----------------------------------------------|:----|:--|-----------------------------:|:----|:--|-------------------:|:----|:--|--------------------------------:|:----|:--|-------------------:|
| Numerator:                                    |     |   |                              |     |   |                    |     |   |                                 |     |   |                    |
| Net income                                    |     | $ |                        5,317 |     | $ |                465 |     | $ |                          33,133 |     | $ |             36,165 |
| Denominator:                                  |     |   |                              |     |   |                    |     |   |                                 |     |   |                    |
| Weighted-average shares outstanding – basic   |     |   |                       21,646 |     |   |             21,893 |     |   |                          21,282 |     |   |             22,265 |
| Dilutive effect of equity awards              |     |   |                          936 |     |   |                590 |     |   |                             893 |     |   |                645 |
| Weighted-average shares outstanding – diluted |     |   |                       22,582 |     |   |             22,483 |     |   |                          22,175 |     |   |             22,910 |
| Net income per share:                         |     |   |                              |     |   |                    |     |   |                                 |     |   |                    |
| Basic                                         |     | $ |                         0.25 |     | $ |               0.02 |     | $ |                            1.56 |     | $ |               1.62 |
| Diluted                                       |     | $ |                         0.24 |     | $ |               0.02 |     | $ |                            1.49 |     | $ |               1.58 |

For each of the thirteen weeks ended September 29, 2026 and September 30, 2025,there was less than0.1million andapproximately0.7million, respectively, of common stock equivalents excluded from the calculation of diluted net income per share because they were anti-dilutive.For each of the thirty-nine weeks ended September 29, 2026 and September 30, 2025,there were approximately0.1million and0.6million, respectively, of common stock equivalents excluded from the calculation of diluted net income per share because they were anti-dilutive.

7. STOCK-BASED COMPENSATION Our current shareholder approved stock-based compensation plan is the BJ’s Restaurants, Inc. 2024 Equity Incentive Plan (as it may be amended from time to time, “the Plan”). Under the Plan, we may issue shares of our common stock to team members, officers, directors and consultants. We grant non-qualified stock options, and service- and performance-based RSUs, including performance-based RSUs with market-based metrics. Additionally, we issue service-based RSUs in connection with the BJ’s Gold Standard Stock Ownership Program (the “GSSOP”), a long-term equity incentive program under the Plan for our restaurant general managers, executive kitchen managers, directors of operations and directors of kitchen operations. All GSSOP participants are required to remain in good standing during their vesting period. All options granted under the Plan expire within 10 years of their date of grant. Awards of stock options or stock appreciation rights are charged against the Plan share reserve on the basis of one share for each option granted. All other awards are charged against the 2024 Plan share reserve on the basis of 1.5 shares for each award unit granted. We estimate forfeitures based on historical data and we take into consideration future expectations. The Plan also contains other limits on the terms of incentive grants such as the maximum number that can be granted to a team member during any fiscal year.

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We use the Black-Scholes option-pricing model to determine the fair value of our stock options, and we use the Monte Carlo simulation model to determine the fair value of our performance-based RSUs that include a market-based metric. Both valuation models require management to make assumptions regarding stock price, volatility, the expected life of the award, risk-free interest rate and expected dividend yield. The fair value of service-based and performance-based RSUs without market-based metrics, is equal to the fair value of our common stock at market close on the grant date, or the last trading day prior to the grant date if the grant occurs on a day when the market is closed.

The grant date fair value of each stock option, service-based RSU, and performance-based RSU with market-based metrics is recognized as stock-based compensation expense on a straight-line basis over the applicable vesting period (e.g.,one,threeorfive years). For performance-based RSUs without market-based metrics, stock-based compensation expense recognition is recognized based on the estimated number of awards that is expected to vest, which is reassessed each reporting period based on management’s current estimate of achievement of the applicable performance goals. Forfeitures are estimated based on historical experience and adjusted for future expectations.

The Plan permits our Board of Directors to set the vesting terms and exercise period for awards at their discretion; however, the grant of awards with no minimum vesting period or a vesting period less than one year may not exceed 5% of the total number of shares authorized under the Plan.Stock options and service-based RSUs cliff vest atone yearor ratably overthree yearsfor non-GSSOP participants, and either cliff vest atfive yearsor cliff vest at33% on the third anniversary and67% on the fifth anniversary for GSSOP participants. Performance-based RSUs cliff vest on the third anniversary of the grant date in an amount from0% to150% of the grant quantity, depending on the level of performance target achievement.

The following table presents the stock-based compensation recognized within our consolidated financial statements (in thousands):

|                                |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |   |     |   | September 30, 2025 |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:-------------------------------|:----|:--|-----------------------------:|:--|:----|:--|-------------------:|:----|:--|--------------------------------:|:----|:--|-------------------:|
| Labor and benefits             |     | $ |                          524 |   |     | $ |                625 |     | $ |                           1,701 |     | $ |              1,890 |
| General and administrative     |     |   |                        1,720 |   |     |   |              1,608 |     |   |                           5,617 |     |   |              4,200 |
| Capitalized (1)                |     |   |                          (16 | ) |     |   |                 63 |     |   |                             258 |     |   |                232 |
| Total stock-based compensation |     | $ |                        2,228 |   |     | $ |              2,296 |     | $ |                           7,576 |     | $ |              6,322 |

(1) Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on the Consolidated Balance Sheets.

Stock Options

The fair value of each stock option was estimated on the grant date using the Black‑Scholes option-pricing model with the followingassumptions:

|                               |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:------------------------------|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Volatility                    |     |   |                            46.5 | % |     |   |               56.6 | % |
| Risk-free interest rate       |     |   |                             4.2 | % |     |   |                4.2 | % |
| Expected life (years)         |     |   |                               5 |   |     |   |                  5 |   |
| Expected dividend yield       |     |   |                               — | % |     |   |                  — | % |
| Fair value of options granted |     | $ |                           25.04 |   |     | $ |              19.78 |   |

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Under the Plan and prior stock-based compensation plans, under which options are currently outstanding, the exercise price of a stock option is required to equal or exceed the fair value of our common stock at market close on the option grant date or the last trading day prior to the date of grant when grants take place on a day when the market is closed. The following table presents stock option activity:

|                                   |     | Options Outstanding 
              Shares 
      (in thousands) |   |     |   | Weighted 
  Average 
 Exercise 
    Price |     | Options Exercisable 
              Shares 
      (in thousands) |     |   | Weighted 
  Average 
 Exercise 
    Price |
|:----------------------------------|:----|--------------------:|:--|:----|:--|---------:|:----|--------------------:|:----|:--|---------:|
| Outstanding at December 30, 2025  |     |                 717 |   |     | $ |    39.39 |     |                 538 |     | $ |    40.64 |
| Granted                           |     |                  35 |   |     |   |    54.56 |     |                     |     |   |          |
| Exercised                         |     |                (319 | ) |     |   |    40.26 |     |                     |     |   |          |
| Forfeited                         |     |                 (32 | ) |     |   |    42.36 |     |                     |     |   |          |
| Outstanding at September 29, 2026 |     |                 401 |   |     | $ |    39.86 |     |                 281 |     | $ |    39.50 |

As of September 29, 2026, total unrecognized stock-based compensation expense related to non-vested stock options was approximately $1.6million,which is expected to be recognized over a weighted average remaining recognition period of2.0years.

Restricted Stock Units

Service-Based Restricted Stock Units

The following table presents service-based restricted stock unit activity:

|                                   |     |         Shares 
 (in thousands) |   |     |   |   Weighted 
    Average 
 Fair Value |
|:----------------------------------|:----|---------------:|:--|:----|:--|-----------:|
| Outstanding at December 30, 2025  |     |            705 |   |     | $ |      32.62 |
| Granted                           |     |            194 |   |     |   |      47.96 |
| Released                          |     |           (124 | ) |     |   |      37.97 |
| Forfeited                         |     |            (76 | ) |     |   |      34.84 |
| Outstanding at September 29, 2026 |     |            699 |   |     | $ |      35.65 |

As of September 29, 2026, total unrecognized stock-based compensation expense related to non-vested service-based RSUs was approximately$11.9million, which isexpected to be recognized over a weighted average remaining recognition period of2.7years.

Performance-Based Restricted Stock Units

The following table presents performance-based restricted stock unit activity:

|                                   |     |         Shares 
 (in thousands) |   |     |   |   Weighted 
    Average 
 Fair Value |
|:----------------------------------|:----|---------------:|:--|:----|:--|-----------:|
| Outstanding at December 30, 2025  |     |            118 |   |     | $ |      36.63 |
| Granted                           |     |            100 |   |     |   |      51.99 |
| Released                          |     |            (14 | ) |     |   |      34.28 |
| Forfeited                         |     |            (29 | ) |     |   |      43.10 |
| Outstanding at September 29, 2026 |     |            175 |   |     | $ |      44.88 |

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The fair value of performance-based RSUs, which include a market-based metric, was estimated on the grant date using the Monte Carlo simulation model with the followingassumptions:

|                                           |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:------------------------------------------|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Volatility                                |     |   |                            42.6 | % |     |   |               48.0 | % |
| Risk-free interest rate                   |     |   |                             3.6 | % |     |   |                4.2 | % |
| Expected life (years)                     |     |   |                               3 |   |     |   |                  3 |   |
| Expected dividend yield                   |     |   |                               — | % |     |   |                  — | % |
| Fair value of market-based awards granted |     | $ |                           51.99 |   |     | $ |              37.98 |   |

As of September 29, 2026, the total unrecognized stock-based compensation expense related to non-vested performance-based RSUs was approximately$3.9million,which is expected to be recognized over a weighted average remaining recognition period of2.0years.

8. INCOME TAXES

We calculate our interim income tax provision in accordance with ASC Topic 270, “Interim Reporting” and ASC Topic 740, “Accounting for Income Taxes.” The Company calculates its provision for income taxes at the end of each interim reporting period by computing an estimated annual effective tax rate adjusted for tax items that are discrete to each period. In addition, the effect of changes in enacted tax laws, rates or tax status is recognized in the interim period in which the change occurs. The computation of the annual estimated effective tax rate at each interim period requires certain significant estimates and judgment including the expected operating income for the year, permanent and temporary differences because of differences between amounts measured and recognized in accordance with tax laws and financial accounting standards, and the likelihood of recovering deferred tax assets generated in the current fiscal year. The accounting estimates used to compute income tax expense may change as new events occur, additional information is obtained or the tax environment changes.

Our effective income tax rate for the thirty-nine weeks ended September 29, 2026 wasa benefit rate of1.1% compared to an expense rate of0.5% for the comparablethirty-nine weeks ended September 30, 2025. The effective tax rate for the thirty-nine weeks ended September 29, 2026 and September 30, 2025 differed from the statutory tax rate primarily as a result of significant Federal Insurance Contributions Act (“FICA”) tax tip credits.

As of September 29, 2026, we had unrecognizedtax benefits of approximately $0.9million, which, if reversed, would impact our effective tax rate.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is the following (in thousands):

|                                                       |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |   |
|:------------------------------------------------------|:----|:--|--------------------------------:|:----|:--|-------------------:|:--|
| Beginning gross unrecognized tax benefits             |     | $ |                             794 |     | $ |                874 |   |
| Decrease for tax positions taken in prior years       |     |   |                               — |     |   |                (46 | ) |
| Increases for tax positions taken in the current year |     |   |                              66 |     |   |                 66 |   |
| Ending gross unrecognized tax benefits                |     | $ |                             860 |     | $ |                894 |   |

Our uncertain tax positions are related to tax years that remain subject to examination by tax agencies. As of September 29, 2026, the earliest tax year still subject to examination by the Internal Revenue Service is2022. The earliest year still subject to examination by a significant state or local taxing authority is2021.

9. 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. A number of these claims may exist at any given time. We are self-insured for a portion of our general liability, team member workers’ compensation and employment practice liability insurance requirements. We maintain coverage with a third-party insurer to limit our total exposure. We believe that most of our claims will be covered by our insurance, subject to coverage limits and the portion of such claims that are self-insured; however, punitive damages awards are not covered by our insurance. To date, we have not been ordered to pay punitive damages with respect to any claims, but there can be no assurance that punitive damages will not be awarded with respect to any future claims. 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. We currently believe that the final disposition of these types of lawsuits, proceedings and claims

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will not have a material adverse effect on our financial position, results of operations or liquidity. It is possible, however, that our future results of operations for a particular quarter or fiscal year could be impacted by changes in circumstances relating to lawsuits, proceedings or claims.

10. SHAREHOLDERS’ EQUITY Warrant On August 3, 2026, BJ’s Act III, LLC sold, to a third party, their warrant for 876,949 shares of common stock, with an exercise price of $ 26.94 . The holder of the warrant subsequently exercised the warrant, on a cashless (net share settlement) basis. We issued 539,275 net shares upon exercise and received no cash proceed s. Stock Repurchases During the thirty-nine weeks ended September 29, 2026 , we repurchased and retired approximately 0.2 million shares of our common stock at an average price of $ 37.44 per share for approximately $ 8.7 million , which is recorded as a reduction in common stock, with any excess charged to retained earnings. As of September 29, 2026, we had $ 84.5 million available under our authorized $ 675 million share repurchase program. Repurchases may be made at any time. Cash Dividends We currently do no t pay any cash dividends. Any payment of quarterly cash dividends will be subject to our Board of Directors determining that the payment of dividends is in the best interest of the Company and its shareholders.

11. RELATED PARTY TRANSACTIONS Pursuant to the terms of a Cooperation Agreement, dated December 30, 2024 and amended on November 14, 2025, with Act III Holdings, LLC (with its affiliates, “Act III”) (the “Act III Cooperation Agreement”), Act III is subject to customary standstill restrictions and will vote all shares of Common Stock beneficially owned by them in accordance with the Board’s recommendations (unless, with respect to proposals other than Board elections, ISS or Glass Lewis recommends a different vote). A more detailed description of the Act III Cooperation Agreement is contained in our Current Reports on Form 8-K filed with the SEC on January 2, 2025 and November 17, 2025.

12. SEGMENT INFORMATION We currently operate in one operating segment: full-service company-owned restaurants and in one geographic area: the United States of America. We do not have intra-entity sales or transfers. Our revenues are comprised of food and beverage sales from our restaurants, including takeout, delivery and catering sales. Our Chief Operating Decision Maker (“CODM”) is our Chief Executive Officer and President , and he assesses performance and decides how to allocate resources based on income from operations, which is also reported on our Consolidated Statements of Income . Additionally, the measure of segment assets is reported on our Consolidated Balance Sheets as total assets. Our CODM does not review segment assets and expenses at a level different than what is reported on our consolidated financial statements.

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Reported segment revenue and expenses are presented below(in thousands):

|                               |     |   | For the Thirteen Weeks Ended 
           September 29, 2026 |   |     |   | September 30, 2025 |   |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:------------------------------|:----|:--|-----------------------------:|:--|:----|:--|-------------------:|:--|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Revenues                      |     | $ |                      358,625 |   |     | $ |            330,157 |   |     | $ |                       1,105,631 |   |     | $ |          1,043,727 |   |
| Less:                         |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Cost of sales                 |     |   |                       90,733 |   |     |   |             84,904 |   |     |   |                         279,747 |   |     |   |            262,527 |   |
| Labor and benefits            |     |   |                      129,815 |   |     |   |            122,343 |   |     |   |                         394,026 |   |     |   |            377,369 |   |
| Occupancy and operating       |     |   |                       85,207 |   |     |   |             81,589 |   |     |   |                         254,980 |   |     |   |            244,800 |   |
| Other segment items (1)       |     |   |                       26,562 |   |     |   |             23,007 |   |     |   |                          77,736 |   |     |   |             67,540 |   |
| Depreciation and amortization |     |   |                       21,089 |   |     |   |             19,311 |   |     |   |                          64,857 |   |     |   |             56,324 |   |
| Income (loss) from operations |     |   |                        5,219 |   |     |   |               (997 | ) |     |   |                          34,285 |   |     |   |             35,167 |   |
| Reconciliation to net income: |     |   |                              |   |     |   |                    |   |     |   |                                 |   |     |   |                    |   |
| Interest expense, net         |     |   |                         (358 | ) |     |   |             (1,183 | ) |     |   |                          (2,256 | ) |     |   |             (3,685 | ) |
| Other (expense) income, net   |     |   |                         (192 | ) |     |   |              1,181 |   |     |   |                             750 |   |     |   |              4,881 |   |
| Income tax benefit (expense)  |     |   |                          648 |   |     |   |              1,464 |   |     |   |                             354 |   |     |   |               (198 | ) |
| Net income                    |     | $ |                        5,317 |   |     | $ |                465 |   |     | $ |                          33,133 |   |     | $ |             36,165 |   |

(1)

13. SUBSEQUENT EVENTS On October 6, 2026, we completed the sale of a parcel of land, adjacent to one of our restaurants, for approximately $ 2.6 million . The land had a carrying value of approxim ately $ 0.7 million as of September 29, 2026. The Company expects to recognize a gain of approximat ely $ 1.9 million, net of selling costs, in the fourth quarter of fiscal 2026.

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## ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OFFINANCIAL CONDITION AND RESULTS OF OPERATIONS

## STATEMENT REGARDING FORWARD-LOOKING DISCLOSURE

## Certain information included in this Form 10-Q and other filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers may contain “forward-looking” statements about our current and expected performance trends, growth plans, business goals and other matters. Words or phrases such as “believe,” “plan,” “will likely result,” “expect,” “intend,” “will continue,” “is anticipated,” “estimate,” “project,” “may,” “could,” “would,” “should,” and similar expressions are intended to identify “forward-looking” statements. These statements, and any other statements that are not historical facts, are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, as codified in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended from time to time. The cautionary statements made in this Form 10-Q should be read as being applicable to all related “forward-looking” statements wherever they appear in this Form 10-Q. These forward-looking statements are based on information available to us as of the date any such statements are made, and we assume no obligation to update these forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to, the risk factors described in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 30, 2025, as updated from time to time in our subsequent Quarterly Report on Form 10-Q, including Part II, Item 1A of this report, and in other reports filed with the SEC.

## GENERAL

## BJ’s Restaurants is a leading full-service restaurant brand differentiated by a high-quality, varied menu with compelling value, a dining experience that offers our customers (referred to as “guests”) best-in-class service, hospitality and enjoyment, in a high-energy, welcoming and approachable atmosphere. BJ’s is a national restaurant chain that, as of September 29, 2026, owns and operates 219 restaurants located in 31 states.

## The first BJ’s restaurant opened in 1978 in Orange County, California, and was a small sit-down pizzeria that featured Chicago style deep-dish pizza with a unique California twist. In 1996, we introduced our proprietary craft beers and expanded the BJ’s concept to a full-service, high-energy restaurant when we opened our first large format restaurant with an on-site brewing operation in Brea, California. Today our restaurants feature a broad menu with approximately 90 menu items designed to offer something for everyone including: slow roasted entrees and wings, EnLIGHTened Entrees® such as our Cherry Chipotle Glazed Salmon, our original signature deep-dish pizza, and the world-famous Pizookie® dessert. We also offer our award-winning BJ’s craft beers, which are produced at four in-house brewing facilities, two standalone brewpubs and by independent third-party brewers using our proprietary recipes, alongside a full bar featuring innovative cocktails.

## Our revenues are comprised of food and beverage sales from our restaurants, including takeout, delivery and catering sales. Revenues from restaurant sales are recognized when payment is tendered. Amounts paid with a credit card are recorded in accounts and other receivables until payment is collected from the credit card processor. We sell gift cards which do not have an expiration date, and we do not deduct non-usage fees from outstanding gift card balances. Gift card sales are recorded as a liability and recognized as revenues upon redemption in our restaurants. Based on historical redemption rates, a portion of our gift card sales are not expected to be redeemed and will be recognized as gift card “breakage.” Estimated gift card breakage is recorded as revenue and recognized in proportion to our historical redemption pattern, unless there is a legal obligation to remit the unredeemed gift cards to government authorities.

## Our guest loyalty program enables participants to earn points for qualifying purchases that can be redeemed for food and beverages in the future. We allocate the transaction price between the goods delivered and the future goods that will be delivered, on a relative standalone selling price basis, and defer the revenues allocated to the points, less expected expirations, until such points are redeemed.

## All of our restaurants are Company-owned. In calculating comparable restaurant sales, we include restaurants open for at least 18 months as of the beginning of the period presented.Guest traffic for our restaurants is estimated based on the number of guest checks.

## Cost of sales is comprised of food and beverage costs, including the cost to produce and distribute our proprietary craft beer, soda and ciders. The components of cost of sales are variable and typically fluctuate directly with sales volumes but also may be impacted by changes in commodity prices, a shift in sales mix to items with different cost structures, or changes in level of promotional activities.

## Labor and benefit costs include direct hourly and management wages, bonuses, payroll taxes, fringe benefits and stock-based compensation, and workers’ compensation expense that are directly related to restaurant level team members.

## Occupancy and operating expenses include restaurant supplies, credit card fees, general liability and property insurance, third-party delivery company commissions, marketing costs, fixed rent, percentage rent, common area maintenance charges, utilities, real estate taxes, repairs and maintenance and other related restaurant costs.
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General and administrative expenses include costs for our corporate administrative functions that support existing operations and provide infrastructure to facilitate our future growth. Components of this category include corporate management, field supervision and corporate hourly staff salaries and related team member benefits (including stock-based compensation expense and cash-based incentive compensation), travel and relocation costs, information systems, the cost to recruit and train new restaurant management team members, corporate rent, certain brand marketing-related expenses and legal and consulting fees. Depreciation and amortization are composed primarily of depreciation of capital expenditures for restaurant and brewing equipment and leasehold improvements. Restaurant opening expenses, which are expensed as incurred, consist of the costs of hiring and training the initial hourly work force for each new restaurant, travel, the cost of food and supplies used in training, grand opening promotional costs, the cost of the initial stock of operating supplies and other direct costs related to the opening of a restaurant, including rent expense during the in-restaurant training period. RESULTS OF OPERATIONS The following table provides, for the periods indicated, our unaudited Consolidated Statements of Income expressed as percentages of total revenues. The results of operations for the thirteen and thirty-nine weeks ended September 29, 2026 and September 30, 2025, are not necessarily indicative of the results to be expected for the full fiscal year. Percentages below may not reconcile due to rounding.

|                                                                       |     | For the Thirteen Weeks Ended 
           September 29, 2026 |   |     | September 30, 2025 |   |     | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     | September 30, 2025 |   |
|:----------------------------------------------------------------------|:----|-----------------------------:|:--|:----|-------------------:|:--|:----|--------------------------------:|:--|:----|-------------------:|:--|
| Revenues                                                              |     |                        100.0 | % |     |              100.0 | % |     |                           100.0 | % |     |              100.0 | % |
| Restaurant operating costs (excluding depreciation and amortization): |     |                              |   |     |                    |   |     |                                 |   |     |                    |   |
| Cost of sales                                                         |     |                         25.3 |   |     |               25.7 |   |     |                            25.3 |   |     |               25.2 |   |
| Labor and benefits                                                    |     |                         36.2 |   |     |               37.1 |   |     |                            35.6 |   |     |               36.2 |   |
| Occupancy and operating                                               |     |                         23.8 |   |     |               24.7 |   |     |                            23.1 |   |     |               23.5 |   |
| General and administrative                                            |     |                          6.6 |   |     |                6.8 |   |     |                             6.5 |   |     |                6.3 |   |
| Depreciation and amortization                                         |     |                          5.9 |   |     |                5.8 |   |     |                             5.9 |   |     |                5.4 |   |
| Restaurant opening                                                    |     |                            - |   |     |                  - |   |     |                               - |   |     |                0.1 |   |
| Loss on disposal and impairment of assets, net                        |     |                          0.8 |   |     |                0.2 |   |     |                             0.5 |   |     |                0.1 |   |
| Total costs and expenses                                              |     |                         98.5 |   |     |              100.3 |   |     |                            96.9 |   |     |               96.6 |   |
| Income (loss) from operations                                         |     |                          1.5 |   |     |               (0.3 | ) |     |                             3.1 |   |     |                3.4 |   |
| Other income (expense):                                               |     |                              |   |     |                    |   |     |                                 |   |     |                    |   |
| Interest expense, net                                                 |     |                         (0.1 | ) |     |               (0.4 | ) |     |                            (0.2 | ) |     |               (0.4 | ) |
| Other (expense) income, net                                           |     |                         (0.1 | ) |     |                0.4 |   |     |                             0.1 |   |     |                0.5 |   |
| Total other (expense) income                                          |     |                         (0.2 | ) |     |                  - |   |     |                            (0.1 | ) |     |                0.1 |   |
| Income (loss) before income taxes                                     |     |                          1.3 |   |     |               (0.3 | ) |     |                             3.0 |   |     |                3.5 |   |
| Income tax (benefit) expense                                          |     |                         (0.2 | ) |     |               (0.4 | ) |     |                               - |   |     |                  - |   |
| Net income                                                            |     |                          1.5 | % |     |                0.1 | % |     |                             3.0 | % |     |                3.5 | % |

Thirteen and Thirty-Nine Weeks Ended September 29, 2026 Compared to Thirteen and Thirty-Nine Weeks Ended September 30, 2025 Revenues . Total revenues increased by $28.5 million, or 8.6%, to $358.6 million during the thirteen weeks ended September 29, 2026, from $330.2 million during the comparable thirteen-week period of 2025. The change in revenues primarily consisted of an increase of 8.1%, or $26.7 million, related to sales from restaurants in our comparable restaurant sales base, and increases in non-comparable restaurant sales of $1.7 million. The increase in comparable restaurant sales was due to an increase in guest traffic of approximately 8.3%, offset by a decrease in average check of approximately 0.2%, resulting from changes in product mix, partially offset by menu price increases. Total revenues increased by $61.9 million, or 5.9%, to $1.1 billion during the thirty-nine weeks ended September 29, 2026, from $1.0 billion during the comparable thirty-nine-week period of 2025. The change in revenues primarily consisted of an increase of 5.6%, or

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$58.1 million, related to sales from restaurants in our comparable restaurant sales base, and $3.7 million related to non-comparable restaurant sales. The increase in comparable restaurant sales was due to an increase in guest traffic of approximately 6.3%, offset by a decrease in average check of approximately 0.7%, resulting from changes in product mix, partially offset by menu price increases.

Cost of Sales.Cost of sales increased by $5.8 million, or 6.9%, to $90.7 million during the thirteen weeks ended September 29, 2026, from $84.9 million during the comparable thirteen-week period of 2025. As a percentage of revenues, cost of sales decreased to 25.3% for the current thirteen-week period from 25.7% for the prior year comparable period. This decrease, as a percentage of revenues, was primarily led by a 0.8% reduction due to menu price increases and a 0.1% reduction resulting from our menu renovation work, partially offset by a 0.5% increase due to inflation in our commodity basket.

Cost of sales increased by $17.2 million, or 6.6%, to $279.7 million during the thirty-nine weeks ended September 29, 2026, from $262.5 million during the comparable thirty-nine-week period of 2025. As a percentage of revenues, cost of sales increased to 25.3% for the current thirty-nine-week period from 25.2% for the prior year comparable period. This increase as a percentage of revenues was primarily due to a 0.7% increase from inflation in our commodity basket, coupled with a 0.3% change in mix, partially offset by a 0.8% reduction from menu price increases, and a 0.1% decrease due to operational efficiencies and benefits from our menu renovation work.

Labor and Benefits.Labor and benefit costs increased by $7.5 million, or 6.1%, to $129.8 million during the thirteen weeks ended September 29, 2026, from $122.3 million during the comparable thirteen-week period of 2025. As a percentage of revenues, labor and benefits decreased to 36.2% for the current thirteen-week period from 37.1% for the prior year comparable period. This decrease, as a percentage of revenues, was led by a 1.7% reduction from leveraging our fixed costs over a higher revenue base, partially offset by a 0.6% increase due to wage inflation, a 0.1% increase in workers' compensation expense, and a 0.1% increase in incentive compensation resulting from improved financial performance.

Labor and benefit costs increased by $16.7 million, or 4.4%, to $394.0 million during the thirty-nine weeks ended September 29, 2026, from $377.4 million during the comparable thirty-nine-week period of 2025. As a percentage of revenues, labor and benefits decreased to 35.6% for the current thirty-nine-week period from 36.2% for the prior year comparable period. This decrease, as a percentage of revenues, was led by a 1.3% reduction from leveraging our fixed costs over a higher revenue base, partially offset by a 0.6% increase due to wage inflation and a 0.1% increase in workers' compensation expense.

Occupancy and Operating.Occupancy and Operating expenses increased by $3.6 million, or 4.4%, to $85.2 million during the thirteen weeks ended September 29, 2026, from $81.6 million during the comparable thirteen-week period of 2025. As a percentage of revenues, occupancy and operating decreased to 23.8% for the current thirteen-week period from 24.7% for the prior year comparable period. This decrease, as a percentage of revenues, was primarily due to a 1.0% reduction resulting from our ability to leverage our fixed costs over a higher revenue base, partially offset by a 0.1% increase in marketing.

Occupancy and Operating expenses increased by $10.2 million, or 4.2%, to $255.0 million during the thirty-nine weeks ended September 29, 2026, from $244.8 million during the comparable thirty-nine-week period of 2025. As a percentage of revenues, occupancy and operating decreased to 23.1% for the current thirty-nine-week period from 23.5% for the prior year comparable period. This decrease, as a percentage of revenues, was primarily due to a 0.7% reduction resulting from our ability to leverage our fixed costs over a higher revenue base, partially offset by a 0.2% increase due to utilities inflation and a 0.1% increase related to general liability insurance costs.

General and Administrative.General and administrative expenses increased by $1.2 million, or 5.6%, to $23.7 million during the thirteen weeks ended September 29, 2026, from $22.4 million during the comparable thirteen-week period of 2025. The increase was primarily driven by a $2.3 million increase in incentive compensation expense, reflecting an additional $1.7 million accrual due to a higher estimated level of financial performance and incentive compensation achievement for fiscal 2026, compared with a $0.6 million reduction in the estimated accrual in 2025. These costs were offset by a decrease of $1.2 million related to our non-cash deferred compensation liability. As a percentage of revenues, general and administrative expenses decreased to 6.6% for the current thirteen-week period from 6.8% for the prior year comparable period. This decrease was primarily due to leveraging the total expenses over a higher revenue base.

General and administrative expenses increased by $6.0 million, or 9.2%, to $72.0 million during the thirty-nine weeks ended September 29, 2026, from $65.9 million during the comparable thirty-nine-week period of 2025. This increase was primarily due to $1.5 million of legal and leadership transition expenses, $1.4 million related to stock-based compensation led by forfeitures in fiscal 2025 that reduced the expense, $1.3 million in incentive compensation due to increased financial performance, and $1.7 million in technology resource costs as we focus on laying the foundation for our technology infrastructures. As a percentage of revenues, general and administrative expenses increased to 6.5% for the current thirty-nine-week period from 6.3% for the prior year comparable period. This increase was primarily due to the increase in the aforementioned expenses.

Depreciation and Amortization.Depreciation and amortization increased by $1.8 million, or 9.2%, to $21.1 million during the thirteen weeks ended September 29, 2026, compared to $19.3 million during the comparable thirteen-week period of 2025. As a percentage of revenues, depreciation and amortization increased to 5.9% for the current thirteen-week periodfrom 5.8% for the prior

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year comparable period. This increase is primarily due to increased capital expenditures related to our restaurant maintenance and remodel programs. Depreciation and amortization increased by $8.5 million, or 15.1%, to $64.9 million during the thirty-nine weeks ended September 29, 2026, compared to $56.3 million during the comparable thirty-nine-week period of 2025. As a percentage of revenues, depreciation and amortization increased to 5.9% for the current thirty-nine-week period from 5.4% for the prior year comparable period. This increase is primarily due to increased capital expenditures related to our restaurant maintenance and remodel programs, in addition to a $2.7 million catch-up adjustment recorded in the first quarter of 2026. Restaurant Opening . Restaurant opening expenses increased by $0.1 million to $0.1 million during the thirteen weeks ended September 29, 2026, compared to zero during the comparable thirteen-week period of 2025. Restaurant opening expenses decreased by $0.4 million to $0.2 million during the thirty-nine weeks ended September 29, 2026, compared to $0.7 million during the comparable thirty-nine-week period of 2025. For both periods, the change in restaurant openings was primarily due to the timing of openings. Loss on Disposal and Impairment of Assets, Net. Loss on disposal and impairment of assets, net, was $2.8 million during the thirteen weeks ended September 29, 2026, compared to $0.6 million during the comparable thirteen-week period of 2025. These costs primarily related to the impairment and reduction in the carrying value of long-lived assets, including right of use assets, coupled with the disposals of assets in conjunction with initiatives to keep our restaurants up-to-date and costs incurred for previously closed locations. Loss on disposal and impairment of assets, net, was $5.5 million during the thirty-nine weeks ended September 29, 2026, compared to $0.9 million during the comparable thirty-nine-week period of 2025. These costs primarily related to the impairment and reduction in the carrying value of long-lived assets, including right of use assets, coupled with the disposals of assets in conjunction with initiatives to keep our restaurants up-to-date and costs incurred for previously closed locations. Interest Expense, Net . Interest expense, net, was $0.4 million during the thirteen weeks ended September 29, 2026, compared to $1.2 million during the comparable thirteen-week period of 2025. Interest expense, net, was $2.3 million during the thirty-nine weeks ended September 29, 2026, compared to $3.7 million during the comparable thirty-nine-week period of 2025. For both periods, the decrease in interest expense, net, was primarily due to a lower outstanding debt balance. Other (Expense) Income, Net . Other expense, net, was $0.2 million during the thirteen weeks ended September 29, 2026, compared to other income, net, of $1.2 million during the comparable thirteen-week period of 2025. Other income, net, was $0.8 million during the thirty-nine weeks ended September 29, 2026, compared to $4.9 million during the comparable thirty-nine-week period of 2025. For both periods, the decrease in other income, net, was primarily due to a payroll tax credit in the prior year, coupled with decreases in the cash surrender value of certain life insurance policies related to our deferred compensation program. Income Tax (Benefit) Expense. Our effective income tax benefit rate for the thirteen weeks ended September 29, 2026, was 13.9% compared to 146.5% for the comparable thirteen-week period of 2025. Our effective income tax benefit rate for the thirty-nine weeks ended September 29, 2026, was 1.1% compared to an effective income tax expense rate of 0.5% for the comparable thirty-nine-week period of 2025. For both periods, the effective tax rate was different than the statutory rate primarily due to FICA tax tip credits. LIQUIDITY AND MATERIAL CASH REQUIREMENTS The following table provides, for the periods indicated, a summary of our key liquidity measurements (dollars in thousands):

|                           |     |   | September 29, 2026 |   |     |   | December 30, 2025 |   |
|:--------------------------|:----|:--|-------------------:|:--|:----|:--|------------------:|:--|
| Cash and cash equivalents |     | $ |             12,936 |   |     | $ |            23,781 |   |
| Net working capital       |     | $ |           (148,454 | ) |     | $ |          (112,850 | ) |
| Current ratio             |     |   |            0.3:1.0 |   |     |   |           0.4:1.0 |   |

Our capital requirements are driven by our fundamental financial objective to drive shareholder return through a balanced approach of new restaurant expansion plans, enhancements and initiatives focused on existing restaurants and return of capital to our shareholders through our share repurchase program.

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Based on current operations, we believe that our current cash and cash equivalents, coupled with cash generated from operations and availability under our credit agreement will be adequate to meet our capital expenditure and working capital needs for at least the next twelve months. Our future operating performance will be subject to future economic conditions and to financial, business and other factors, many of which are beyond our control. Similar to many restaurant chains, we typically utilize operating lease arrangements (principally ground leases) for our restaurant locations. We believe our operating lease arrangements provide appropriate leverage for our capital structure in a financially efficient manner. However, we are not limited to the use of lease arrangements as our only method of opening new restaurants and from time to time have purchased the underlying land for new restaurants. We typically lease our restaurant locations for periods of 10 to 20 years under operating lease arrangements. Our rent structures vary from lease to lease but generally provide for the payment of both minimum and contingent (percentage) rent based on sales, as well as other expenses related to the leases (for example, our pro-rata share of common area maintenance, property tax and insurance expenses). Many of our lease arrangements include the opportunity to secure tenant improvement allowances to partially offset the cost of developing and opening the related restaurants. Generally, landlords recover the cost of such allowances from increased minimum rents. There can be no assurance that such allowances will be available to us on each project. From time to time, we may also decide to purchase the underlying land for a new restaurant if that is the only way to secure a highly desirable site. Currently, we own the underlying land for our Texas brewpub locations. We also own parcels of land adjacent to two of our restaurants, one of which was sold in the fourth quarter of fiscal 2026. See Note 13 of Notes to Unaudited Consolidated Financial Statements in Part I, Item 1 of this report for additional details. It is not our current strategy to own a large number of land parcels that underlie our restaurants. Therefore, in many cases we have subsequently entered into sale-leaseback arrangements for land parcels that we previously purchased. We disburse cash for certain site-related work, buildings, leasehold improvements, furnishings, fixtures and equipment to build our leased and owned premises. We own substantially all of the equipment, furniture and trade fixtures in our restaurants and currently plan to do so in the future. CASH FLOWS The following tables set forth, for the periods indicated, our cash flows from operating, investing, and financing activities (in thousands):

|                                           |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |   |     |   | September 30, 2025 |   |
|:------------------------------------------|:----|:--|--------------------------------:|:--|:----|:--|-------------------:|:--|
| Net cash provided by operating activities |     | $ |                         115,782 |   |     | $ |             91,960 |   |
| Net cash used in investing activities     |     |   |                         (60,878 | ) |     |   |            (58,474 | ) |
| Net cash used in financing activities     |     |   |                         (65,749 | ) |     |   |            (34,151 | ) |
| Net decrease in cash and cash equivalents |     | $ |                         (10,845 | ) |     | $ |               (665 | ) |

Operating Cash Flows Net cash provided by operating activities was $115.8 million during the thirty-nine weeks ended September 29, 2026, representing a $23.8 million increase from the $92.0 million provided during the thirty-nine weeks ended September 30, 2025. The increase versus prior year is primarily due to increased profitability after non-cash items and favorable working capital fluctuations led by the timing of accounts payable and accrued expenses. Investing Cash Flows Net cash used in investing activities was $60.9 million during the thirty-nine weeks ended September 29, 2026, representing a $2.4 million increase from the $58.5 million used during the thirty-nine weeks ended September 30, 2025. The increase versus prior year is primarily due to investments in internally developed software. The following table provides, for the periods indicated, the components of purchases of property and equipment (in thousands):

|                                           |     |   | For the Thirty-Nine Weeks Ended 
              September 29, 2026 |     |   | September 30, 2025 |
|:------------------------------------------|:----|:--|--------------------------------:|:----|:--|-------------------:|
| New restaurants                           |     | $ |                           6,015 |     | $ |              7,872 |
| Restaurant maintenance and remodels       |     |   |                          51,147 |     |   |             49,517 |
| Restaurant and corporate systems          |     |   |                           1,525 |     |   |              1,124 |
| Total purchases of property and equipment |     | $ |                          58,687 |     | $ |             58,513 |

We expect to fund our net capital expenditures with our current cash balance on hand, cash flows from operations and our line of credit. Our future cash requirements will depend on many factors, including the pace of our expansion, conditions in the retail property development market, construction costs, the nature of the specific sites selected for new restaurants, and the nature of the specific leases and associated tenant improvement allowances available, if any, as negotiated with landlords.

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Financing Cash Flows

Net cash used in financing activities was $65.7 million during the thirty-nine weeks ended September 29, 2026, representing a $31.6 million increase from the $34.2 million used in financing activities during the thirty-nine weeks ended September 30, 2025. The increase in net cash used is primarily due to repayment of debt in 2026 versus net borrowing in 2025, offset by lower share repurchases.

OFF-BALANCE SHEET ARRANGEMENTS

We do not participate in transactions that generate relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow limited purposes. As of September 29, 2026, we are not involved in any off-balance sheet arrangements.

CRITICAL ACCOUNTING POLICIES

The preparation of financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions affecting the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net revenues and expenses in the reporting period. We base our estimates and assumptions on current facts, historical experience and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. We continually review the estimates and underlying assumptions to ensure they are appropriate for the circumstances. Accounting assumptions and estimates are inherently uncertain and actual results may differ materially from our estimates.

A summary of our other critical accounting policies is included in Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in our Annual Report on Form 10-K for the fiscal year ended December 30, 2025. During the thirty-nine weeks ended September 29, 2026, there were no significant changes in our critical accounting policies.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The following discussion of market risks contains “forward-looking” statements. Actual results may differ materially from the following discussion based on general conditions in the financial and commodity markets.

Interest Rate Risk

We have a $215 million Credit Facility, of which $16.0 million is outstanding as of September 29, 2026, and carries interest at a floating rate. We utilize the Credit Facility principally for letters of credit that are required to support our self-insurance programs, to fund a portion of our announced share repurchase program, and for working capital and construction requirements, as needed. We are exposed to interest rate risk through fluctuations in interest rates on our obligations under the Credit Facility. Based on our current outstanding balance, a hypothetical 1% change in the interest rates under our Credit Facility would have an approximate $0.1 million annual impact on our net income.

Food, Supplies and Commodity Price Risks

We purchase food, supplies and other commodities for use in our operations based upon market prices established with our suppliers. Our business is dependent on frequent and consistent deliveries of these items. We may experience shortages, delays or interruptions due to inclement weather, natural disasters, labor issues or other operational disruptions or other conditions beyond our control such as cyber breaches or ransomware attacks at our suppliers, distributors or transportation providers. Additionally, many of the commodities purchased by us can be subject to volatility due to market supply and demand factors outside of our control, whether contracted for or not. Costs can also fluctuate due to government regulation, including the imposition of tariffs. To manage this risk in part, we attempt to enter into fixed-price purchase commitments, with terms typically up to one year, for some of our commodity requirements. However, it may not be possible for us to enter into fixed-price contracts for certain commodities or we may choose not to enter into fixed-price contracts for certain commodities. We believe that substantially all of our food and supplies are available from several sources, which helps to diversify our overall commodity cost risk. We also believe that we have some flexibility and ability to increase certain menu prices, or vary certain menu items offered or promoted, in response to food commodity price increases. Some of our commodity purchase arrangements may contain contractual features that limit the price paid by establishing certain price floors or caps. We do not use financial instruments to hedge commodity prices, since our purchase arrangements with suppliers, to the extent that we can enter into such arrangements, help control the ultimate cost that we pay.

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## ITEM 4.  CONTROLS AND PROCEDURES

## Evaluation of Disclosure Controls and Procedures

## Under the supervision and with the participation of our management, including the Chief Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures pursuant to Rules 13a-15 and 15d-15 promulgated under the Securities Exchange Act of 1934 as amended, as of the end of the period covered by this report. Based on this evaluation, our Chief Executive Officer and Principal Financial Officer concluded that, as of September 29, 2026, our disclosure controls and procedures are designed and are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

## Changes in Internal Control Over Financial Reporting

## There has not been any significant change in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during our third fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
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PART II. OTHE R INFORMATION ITEM 1. LEGA L PROCEEDINGS See Note 9 of Notes to Unaudited Consolidated Financial Statements in Part I, Item 1 of this report for a summary of legal proceedings. ITEM 1A. R ISK FACTORS There have been no material changes from the risk factors previously disclosed in our Annual Report on Form 10-K for the year ended December 30, 2025. ITEM 2. UNREGISTERED SALES OF EQUI TY SECURITIES AND USE OF PROCEEDS As of September 29, 2026, we have cumulatively repurchased shares valued at approximately $590.5 million in accordance with our approved share repurchase plan since its inception in 2014. During the thirty-nine weeks ended September 29, 2026, we repurchased and retired approximately 0.2 million shares of our common stock at an average price of $37.44 per share for approximately $8.7 million, which is recorded as a reduction in common stock, with any excess charged to retained earnings. At September 29, 2026, we have $84.5 million available under our authorized $675 million share repurchase program. Repurchases may be made at any time. The following table sets forth information with respect to the repurchase of common shares during the thirty-nine weeks ended September 29, 2026:

| Period (1)          |     |     Total 
    Number 
 of Shares 
 Purchased |     |   |  Average 
    Price 
 Paid Per 
    Share |     |        Total 
    Number of 
       Shares 
 Purchased as 
  Part of the 
     Publicly 
    Announced 
        Plans |     |   | Increase in   
 Dollars for   
 Share         
 Repurchase    
 Authorization |     |   |   Dollar Value 
 of Shares that 
     May Yet Be 
      Purchased 
      Under the 
       Plans or 
   Programs (2) |
|:--------------------|:----|----------:|:----|:--|---------:|:----|-------------:|:----|:--|:--------------|:----|:--|---------------:|
| 12/31/25 - 01/27/26 |     |         — |     | $ |        — |     |            — |     | $ | —             |     | $ |     93,156,007 |
| 01/28/26 - 02/24/26 |     |         — |     | $ |        — |     |            — |     | $ | —             |     | $ |     93,156,007 |
| 02/25/26 - 03/31/26 |     |   151,446 |     | $ |    35.01 |     |      151,446 |     | $ | —             |     | $ |     87,853,717 |
| 04/01/26 - 04/28/26 |     |    53,024 |     | $ |    36.83 |     |       53,024 |     | $ | —             |     | $ |     85,900,755 |
| 04/29/26 - 05/26/26 |     |    11,003 |     | $ |    38.10 |     |       11,003 |     | $ | —             |     | $ |     85,481,575 |
| 05/27/26 - 06/30/26 |     |         — |     | $ |        — |     |            — |     | $ | —             |     | $ |     85,481,575 |
| 07/01/26 - 07/28/26 |     |         — |     | $ |        — |     |            — |     | $ | —             |     | $ |     85,481,575 |
| 07/29/26 - 08/25/26 |     |       697 |     | $ |    64.12 |     |          697 |     | $ | —             |     | $ |     85,436,886 |
| 08/26/26 - 09/29/26 |     |    16,169 |     | $ |    60.57 |     |       16,169 |     | $ | —             |     | $ |     84,457,532 |
| Total               |     |   232,339 |     |   |          |     |      232,339 |     |   |               |     |   |                |

(1) Period information is presented in accordance with our fiscal months during fiscal 2026. (1) Our share repurchase program was publicly announced and has been increased from time to time, with an aggregate of $675 million authorized by our Board of Directors as of September 29, 2026. The original program was authorized as of June 2014 for $100 million and subsequently increased by $50 million in August 2014, $50 million in June 2015, $50 million in December 2015, $100 million in August 2016, $50 million in March 2017, $100 million in March 2019, $50 million in February 2024, $50 million in February 2025 and by $75 million in October 2025. The program has no expiration date and was not terminated during the period covered by this report. All shares reflected in the table were purchased under the publicly announced program. ITEM 5. OTHER INFORMATION During the thirteen weeks ended September 29, 2026, Christopher P. Pinsak , the Company’s Executive Vice President and Chief Operating Officer , adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1 under the Exchange Act of 1934, as amended (the “Exchange Act”) (a “Rule 10b5-1 trading arrangement” as defined in Item 408 of Regulation S-K). The trading plan, adopted on August 20, 2026 , provides for the sale of up to 17,036 shares of the Company’s common stock during its term, which commences on November 19, 2026, and terminates on the earlier of December 31, 2027, or the date all shares authorized under the plan are sold.

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ITEM 6. E XHIBITS

| Exhibit 
 Number  
 3.1     
 3.2     |     | Description                                                                                                                                                                                                                                  
 Amended and Restated Articles of Incorporation of the Company, incorporated by reference to Exhibit 3.1 of the Annual Report on Form 10-K for fiscal 2017.                                                                                   
 Amended and Restated Bylaws of the Company, incorporated by reference to Exhibit 3.1 of the Form 8-K filed on August 14, 2020.                                                                                                               |
|:--------|:----|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.3     |     | Certificate of Amendment of Articles of Incorporation, incorporated by reference to Exhibit 3.3 of the Annual Report on Form 10-K for fiscal 2004.                                                                                           |
| 3.4     |     | Certificate of Amendment of Articles of Incorporation, incorporated by reference to Exhibit 3.4 of the Annual Report on Form 10-K for fiscal 2010.                                                                                           |
| 4.1     |     | Specimen Common Stock Certificate of the Company, incorporated by reference to Exhibit 4.1 of the Company’s Registration Statement on Form SB‑2A filed with the Securities and Exchange Commission on August 22, 1996 (File No. 3335182‑LA). |
| 31      |     | Section 302 Certification of Chief Executive Officer and Principal Financial Officer.                                                                                                                                                        |
| 32      |     | Section 906 Certification of Chief Executive Officer and Principal Financial Officer.                                                                                                                                                        |
| 101.INS |     | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.                                                                       |
| 101.SCH |     | Inline XBRL Taxonomy Extension Schema                                                                                                                                                                                                        |
| 104     |     | Cover Page Interactive Data File (embedded within the Inline XBRL document)                                                                                                                                                                  |

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SIGNAT URES In accordance with the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

| BJ’S RESTAURANTS, INC. |
| (Registrant)           |

| November 5, 2026 |     | By: | /s/ LYLE D. TICK                                                             |
|:-----------------|:----|:----|:-----------------------------------------------------------------------------|
|                  |     |     | Lyle D. Tick                                                                 |
|                  |     |     | Chief Executive Officer, President and Director(Principal Executive Officer) |

| By: | /s/ J. TODD WILSON                                                                |
|     | J. Todd Wilson                                                                    |
|     | Executive Vice President and Chief Financial Officer(Principal Financial Officer) |

| By: | /s/ ASHLEY A. VAN                                               |
|     | Ashley A. Van                                                   |
|     | Senior Vice President, Accounting(Principal Accounting Officer) |

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