BJ’s Restaurants stock rises 2% after adding former Panera Bread CEO to leadership team.

From StockTwits: 2025-01-02 23:56:06

BJ’s Restaurants saw a 2% increase in share price after announcing Ronald M. Shaich, founder of Panera Bread, as a new addition to their leadership team. The company is partnering with Act III Holdings LLC, led by Shaich, to drive growth and value creation. Shaich’s appointment is expected to support BJ’s vision and strategic plan. Piper Sandler analyst raised the firm’s price target for BJRI to $36, citing positive same-store sales growth. Founded in 1978, BJ’s operates over 215 casual dining restaurants in 31 states, with its stock up 0.5% year-to-date.



Read more at StockTwits: BJ’s Restaurants Stock Up As It Adds To Leadership Former CEO of Panera Bread: Retail Reaction Lags