BJ's Restaurants appoints Monika Saxena as Brand President, bringing extensive marketing and brand development experience.
Quiver AI Summary
BJ's Restaurants, Inc. has appointed Monika Saxena as Brand President, effective June 3, 2026. With over 20 years of experience in brand development, marketing, culinary, and consumer insights, Saxena previously served as Executive Vice President of Brand Marketing for LongHorn Steakhouse, where she achieved consistent sales growth over 20 quarters. BJ's CEO Lyle Tick expressed excitement about Saxena joining the leadership team, believing her expertise will help drive the brand's growth and long-term value creation for shareholders. Saxena shared her admiration for BJ's and excitement to contribute during this growth phase, emphasizing the brand's distinct food and hospitality experience. BJ's Restaurants is known for its casual dining and craft beer offerings, operating over 200 locations across the U.S.
Potential Positives
- Monika Saxena's appointment as Brand President, with over two decades of brand-building expertise, is likely to enhance BJ's strategic direction and brand positioning.
- Saxena's previous success in leading LongHorn Steakhouse to 20 consecutive quarters of positive comparable restaurant sales growth indicates her capability to drive similar results at BJ's.
- The leadership transition reflects the company's commitment to unlocking its full potential and pursuing growth opportunities, which could positively impact shareholder value.
Potential Negatives
- Monika Saxena's previous tenure at LongHorn Steakhouse ended recently (2026), raising potential concerns about her transition to BJ's during a critical growth period.
- The emphasis on "forward-looking" statements may indicate that the company is relying on uncertain projections rather than concrete results, which can be a flag for investors.
FAQ
Who has been appointed as the new Brand President of BJ's Restaurants?
Monika Saxena has been appointed as Brand President of BJ's Restaurants, effective June 3, 2026.
What previous experience does Monika Saxena bring to BJ's Restaurants?
Monika Saxena has over two decades of experience in brand-building, including roles at LongHorn Steakhouse and Bahama Breeze.
What were Monika Saxena's achievements at LongHorn Steakhouse?
She played a key role in delivering 20 consecutive quarters of positive comparable restaurant sales growth at LongHorn Steakhouse.
What is BJ's Restaurants known for?
BJ's Restaurants is known for its signature deep-dish pizza, craft beer, and the world-famous Pizookie® dessert.
How many BJ's Restaurants are there in the United States?
BJ's Restaurants operates over 200 locations across 31 states in the U.S.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BJRI Insider Trading Activity
$BJRI insiders have traded $BJRI stock on the open market 7 times in the past 6 months. Of those trades, 2 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $BJRI stock by insiders over the last 6 months:
- GREGORY S LYNDS (EVP & Chief Dev. Officer) sold 5,537 shares for an estimated $281,058
- BRIAN S KRAKOWER (EVP & Chief Info. Officer) has made 0 purchases and 3 sales selling 6,075 shares for an estimated $253,404.
- NOAH A. ELBOGEN sold 4,049 shares for an estimated $193,744
- C BRADFORD RICHMOND has made 2 purchases buying 2,000 shares for an estimated $68,550 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BJRI Revenue
$BJRI had revenues of $358.1M in Q1 2026. This is an increase of 2.92% from the same period in the prior year.
You can track BJRI financials on Quiver Quantitative's BJRI stock page.
You can access data on BJRI stock through the Quiver Quantitative API.
$BJRI Hedge Fund Activity
We have seen 105 institutional investors add shares of $BJRI stock to their portfolio, and 104 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NOMURA HOLDINGS INC removed 624,594 shares (-98.1%) from their portfolio in Q1 2026, for an estimated $21,923,249
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND removed 400,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,040,000
- VANGUARD GROUP INC removed 301,918 shares (-9.0%) from their portfolio in Q4 2025, for an estimated $11,895,569
- FUND 1 INVESTMENTS, LLC added 275,971 shares (+2069.2%) to their portfolio in Q1 2026, for an estimated $9,686,582
- UBS GROUP AG added 226,213 shares (+144.5%) to their portfolio in Q1 2026, for an estimated $7,940,076
- BALYASNY ASSET MANAGEMENT L.P. removed 206,540 shares (-74.9%) from their portfolio in Q1 2026, for an estimated $7,249,554
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 190,867 shares (-63.1%) from their portfolio in Q4 2025, for an estimated $7,520,159
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$BJRI Price Targets
Multiple analysts have issued price targets for $BJRI recently. We have seen 6 analysts offer price targets for $BJRI in the last 6 months, with a median target of $41.5.
Here are some recent targets:
- Brian Mullan from Piper Sandler set a target price of $43.0 on 05/07/2026
- Todd M. Brooks from Benchmark set a target price of $50.0 on 05/06/2026
- Jeffrey Bernstein from Barclays set a target price of $38.0 on 05/06/2026
- Jon Tower from Citigroup set a target price of $47.0 on 04/16/2026
- Nick Setyan from Mizuho set a target price of $40.0 on 04/02/2026
- Matt Curtis from DA Davidson set a target price of $38.0 on 03/06/2026
Full Release
HUNTINGTON BEACH, Calif., June 15, 2026 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced that Monika Saxena has been appointed Brand President, effective June 3, 2026.
Ms. Saxena brings over two decades of brand-building expertise spanning marketing, culinary and beverage development and consumer insights. Most recently, she served as Executive Vice President of Brand Marketing for LongHorn Steakhouse at Darden Restaurants, Inc., a position she held from 2018 to 2026, where she played a critical role in positioning the brand to deliver 20 consecutive quarters of positive comparable restaurant sales growth, outperforming industry benchmarks each quarter. In this role, she was responsible for the brand’s marketing, culinary and beverage development, consumer insights, guest relations, and media and communications. Prior to her most recent role, Ms. Saxena served in progressive brand development roles across Bahama Breeze and LongHorn Steakhouse, building deep expertise in brand strategy and consumer-focused innovation.
“We’re delighted to welcome Monika to the BJ’s family,” said Lyle Tick, the Company’s Chief Executive Officer and President. “Monika’s proven track record of delivering sustainable long-term results through clear brand positioning, a relentless focus on product quality and guest experience, and the development of high-performing teams makes her an ideal addition to our leadership team. As we continue to unlock BJ’s full potential and enter our next phase of growth, I look forward to partnering with Monika and benefiting from her insights and leadership. We are confident that her contributions will help accelerate the growth of our brand and drive long-term value creation for our shareholders.”
“I’ve long admired BJ’s Restaurants for its unique ability to bring people together through memorable food and hospitality. As a loyal guest for many years, I’ve experienced firsthand the special connection the brand creates with its guests. From the signature deep-dish pizza and craft beer pedigree to the world-famous Pizookie®, BJ’s has built a distinctive experience that guests genuinely love and celebrate,” said Monika Saxena. “I’m honored to join the team during this exciting period of growth. I look forward to working closely with Lyle and the entire BJ’s team as we continue to bring our guests together to celebrate life every day and capitalize on the tremendous opportunities ahead.”
About BJ’s Restaurants, Inc.
BJ’s Restaurants, Inc. is a national casual dining brand with brewhouse roots. Founded in 1978, BJ’s owns and operates over 200 restaurants across 31 states, combining high-quality ingredients, bold flavors, sincere service, moderate prices and a fresh atmosphere. The brand’s chef-crafted menu offers something for everyone, from its signature deep-dish pizzas and slow-roasted entrees and wings to its often imitated but never replicated world-famous Pizookie® dessert. As the most decorated restaurant-brewery in the country and winner of the 2025 Vibe Vista Award for Best Beer Program and 2024 Best Overall Beverage Program, BJ’s has been a pioneer in craft brewing since 1996, serving award-winning proprietary handcrafted beers brewed at operations in four states and by independent third-party craft brewers. All BJ’s locations offer dine in, take out, delivery and large party catering, providing guests with multiple ways to enjoy the experience at BJ’s. Whether you’re gathering with family for dinner, catching the game with friends or celebrating life’s special moments, BJ’s creates the perfect backdrop for connection and community. 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 within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations and assumptions regarding future events, business strategies, and operating results. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to differ materially from those expressed or implied. For a more detailed discussion of these risks, please refer to our latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.
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 [email protected] .