Every material Form 8-K BJ's Restaurants filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
BJ's Restaurants amended its cooperation agreement with Act III Holdings and related parties, extending it to June 30, 2027 and changing standstill terms. The amendment permits Act III to hold up to 2,091,011 shares, about 9.9% of outstanding common stock, while the parties' commitments on board voting and non-disparagement continue.
Agreement dated November 14, 2025 extends expiration to June 30, 2027 from May 4, 2027
Act III ownership cap set at 2,091,011 shares, about 9.9% of outstanding common stock, excluding shares held by Noah Elbogen
Act III Parties agree to vote in line with Board recommendations, subject to exceptions
BJ's Restaurants appointed Todd Wilson, currently CFO of Red Robin Gourmet Burgers, as Executive Vice President and Chief Financial Officer effective December 15, 2025. The filing also reports that Jacob J. Guild stops serving as Principal Accounting Officer on November 8, 2025, and William J. Atkins takes on that role on an interim basis. The filing discloses no financial results, and the company did not change its guidance.
Todd Wilson's base salary is $575,000 per year, with a signing bonus of $250,000 and a New Hire Grant with a grant date fair market value of $500,000.
Annual bonus target is no less than 65% of base salary; 2026 annual long-term equity grant has a grant date fair market value of $750,000.
Severance equals twelve months of base salary if terminated without cause or if he resigns for Good Reason.
Jacob J. Guild ceases to be Principal Accounting Officer effective November 8, 2025; William J. Atkins serves as Interim Principal Accounting Officer until December 14, 2025.
BJ's Restaurants reported fiscal third-quarter 2025 results, with revenue up 1.4% to $330.2 million and diluted earnings of $0.02 per share, compared with a loss of $0.13 a year earlier. The company reiterated its fiscal 2025 outlook and its board raised the share repurchase program by $75 million, bringing total authorized shares under the program to $675 million, which shows a return to profit alongside continued capital returns to shareholders.
Total revenues rose 1.4% to $330.2 million; comparable restaurant sales increased 0.5%.
Diluted net income per share was $0.02 versus a loss of $0.13 a year earlier; adjusted diluted EPS was $0.04.
Board increased the share repurchase program by $75 million, to $675 million total authorized; about $23.5 million remained as of September 30, 2025.
Fiscal 2025 guidance reiterated: comparable restaurant sales growth of about 2%, restaurant level operating profit of $211 million to $219 million, and Adjusted EBITDA of $132 million to $140 million.
BJ's Restaurants reported fiscal second quarter 2025 results, with revenue of $365.6 million, up 4.5% from a year earlier, and diluted earnings of $0.97 per share, up from $0.72. The company also reaffirmed a fiscal 2025 outlook calling for comparable restaurant sales growth of about 2%, restaurant level operating profit of $211 million to $219 million, and Adjusted EBITDA of $132 million to $140 million.
Q2 2025 revenue $365.6 million, up 4.5%; comparable restaurant sales up 2.9%
Diluted EPS $0.97 versus $0.72; adjusted diluted EPS $0.97, up 25.1% from $0.78
BJ's Restaurants said it retained William J. Atkins, a partner at FLG Partners, as its Interim Principal Financial Officer, effective July 28, 2025, while it searches for a permanent Chief Financial Officer. The company will pay FLG Partners $650 per hour for his services under a consulting agreement, so shareholders will see the interim finance leadership and its hourly cost.
Atkins, age 63, has been a partner at FLG Partners since 2023 and previously served as CFO of Mobileum, Inc. and One Concern.
The interim appointment is effective July 28, 2025, and the company's search for a CFO is ongoing.
The FLG Consulting Agreement took effect July 14, 2025, at $650 per hour, with an indefinite term and termination on 30 days' notice by either party.
The full consulting agreement will be filed as an exhibit to the Form 10-Q for the quarter ended July 1, 2025.
BJ's Restaurants named CEO Lyle D. Tick to its board on June 16, 2025, under the terms of his employment agreement. Former CEO Gregory A. Trojan also told the board he will retire from it effective September 16, 2025. At the June 12, 2025 annual meeting, shareholders re-elected the board nominees, approved executive pay on an advisory basis, and ratified KPMG LLP, but did not approve a shareholder proposal for a food waste transparency report.
Lyle D. Tick, Chief Executive Officer and President, was named to the Board on June 16, 2025.
Gregory A. Trojan, the former CEO, will retire from the Board effective September 16, 2025.
Shareholder proposal for a food waste transparency report failed: 764,209 For, 14,393,402 Against, 102,906 Abstain.
Advisory say-on-pay vote passed with 14,999,142 For and 213,357 Against; KPMG ratification received 19,092,298 For.
BJ's Restaurants promoted Lyle D. Tick from President and Chief Concept Officer to Chief Executive Officer and President, effective June 5, 2025, ending C. Bradford Richmond's role as Interim CEO. The company also said CFO Thomas A. Houdek will leave effective June 20, 2025, and he has accepted a position outside the restaurant industry.
Lyle D. Tick, age 49, became CEO and President effective June 5, 2025, having served as President and Chief Concept Officer since September 9, 2024.
C. Bradford Richmond resigned as Interim CEO and will serve as Special Advisor to the CEO through August 22, 2025.
The Board approved a $1,000,000 special performance share unit grant to Mr. Tick, vesting over three years and tied to specified share prices.
CFO and Senior Vice President Thomas A. Houdek will leave the company effective June 20, 2025.
BJ's Restaurants entered into a Fifth Amended and Restated Credit Agreement effective May 30, 2025, with Bank of America and JPMorgan Chase as lenders. The agreement amends its revolving line of credit, extends the maturity to May 30, 2030, adds a swingline subfacility, and revises interest rates and loan covenants. The filing does not report any borrowings drawn under the line.
Line of Credit remains at up to $215 million, with an option to increase to $315 million at the company's request and subject to lender consent and criteria
Credit agreement includes a swingline subfacility of up to $20 million, repayable within 10 business days
Line of Credit expires and all borrowings must be repaid on or before May 30, 2030
Covenants restrict, among other things, liens, additional borrowing, dividends, mergers and stock repurchases
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BJ's Restaurants filing is on SEC EDGAR ↗. 8-K briefs of other companies →