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Corporate Financial Analysis Of Bj 's Restaurant And Brewhouse

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Corporate financial analysis of BJ’s Restaurant and Brewhouse.
BUS401: Principles of Finance
Instructor: Kathleen Colquitt
Loren J. Deitz
27 February 2017

Table of Contents
Introduction and brief history of BJ’s……………………………………………………… 1
Financial statements review ……………………………………………………………….. 1 Income statement ……………………………………………………………………… 2 Balance sheet ………………………………………………………………………….. 2 Statement of cash flow .....…………………………………………………………….. 2
Pro-Forma of projected financial statements ……………………………………………… 5 Income statement ……………………………………………………………………... 5 Balance sheet ………………………………………………………………………….. 6
Ratio Analysis for 2015 …………………………………………………………………... 8 Liquidity ………………………………………………………………………………. 8 Financial Leverage
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It is common to view share price, annual reports, or any bit of information that you can get your hands on in order to gain a clear picture before you invest. The report you are about to read will discuss the financial aspects of BJ’s Restaurant and Brewhouse in order to make a recommendation on whether to or not invest in the company.
Financial statements review The Financial statement review is important to view as they are the way in which a buisness communicates with its shareholders. We will cover the “three primary accounting statements: the income statement, the balance sheet, and the statement of cash flows.” (Hickman, Byrd, & McPherson 2013) We will use these three statements from BJ’s to help get a more detailed picture of where they are financially. Let’s start with the income statement.
Income statement BJ’s sales for fiscal year 2015 were $919.6 million which is an 8.8% increase over fiscal year 2014. This was in part fueled by the addition of new stores and a sales growth of 1.7%. The net income for fiscal year was $43.2 million, a 48% increase. Income per share rose to $1.65 a gain of 60%. (Annual reports, 2016) These number show that the company is growing and its aggressive marketing and expansion plans are working in their favor. The craft beer and good food have made sure that people are coming in, coming back, and spreading the word that this is a great place
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