BJ's Restaurants Opens in Peoria, Arizona
July 15 2008 - 2:27PM
Business Wire
BJ's Restaurants, Inc. (NASDAQ:BJRI) today announced the opening of
its newest restaurant in Peoria, Arizona, on July 14, 2008. The new
BJ's Restaurant & Brewhouse is located at 9748 W. Northern
Ave., on the northwest corner of Northern Avenue and Loop 101 in
the new Park West open-air shopping, dining and entertainment
center. Park West, developed by General Growth Properties, is
approximately one mile northwest of the new Arizona Cardinals�
football stadium and the Phoenix Coyotes� hockey stadium. The new
BJ�s restaurant is approximately 9,000 square feet, contains
seating for approximately 280 guests and features BJ�s extensive
menu that includes BJ's signature deep-dish pizza, award-winning
handcrafted beer and famous Pizookie� dessert. BJ�s highly
detailed, contemporary d�cor and unique video statement, including
several high definition flat panel televisions, creates a high
energy, fun and family-friendly dining environment for everyone to
enjoy. Hours of operation are from 11:00 a.m. to 12:00 midnight
Sunday through Thursday and 11:00 a.m. to 1:00 a.m. Friday and
Saturday. �Our new Peoria location, combined with our existing
restaurants in the Desert Ridge, Chandler and Mesa trade areas of
the Phoenix market, will further enhance our longer-term
competitive positioning and infrastructure leverage in that
important market,� commented Jerry Deitchle, Chairman and CEO. �Our
Peoria restaurant represents our seventh opening to date during
2008 and the first of as many as four new BJ�s restaurants
currently expected to open during the month of July. We currently
remain on track to achieve our stated capacity goal for 2008 by
opening as many as 15 new restaurants and thereby increasing our
total restaurant operating weeks by 20% to 25% this year.� BJ's
Restaurants, Inc. currently owns and operates 74 casual dining
restaurants under the BJ's Restaurant & Brewery, BJ's
Restaurant & Brewhouse or BJ's Pizza & Grill brand names.
BJ's restaurants offer an innovative and broad menu featuring
award-winning, signature deep-dish pizza complemented with
generously portioned salads, appetizers, sandwiches, soups, pastas,
entrees and desserts. Quality, flavor, value, moderate prices and
sincere service remain distinct attributes of the BJ's experience.
The Company operates several microbreweries which produce and
distribute BJ's critically acclaimed handcrafted beers throughout
the chain. The Company's restaurants are located in California
(40), Texas (11), Arizona (5), Colorado (3), Oregon (2), Nevada
(2), Florida (4), Ohio (2), Oklahoma (2), Kentucky (1), Indiana (1)
and Louisiana (1). The Company also has a licensing interest in a
BJ's restaurant in Lahaina, Maui. Visit BJ's Restaurants, Inc. on
the Web at http://www.bjsrestaurants.com. 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 and 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 expected comparable restaurant sales
growth in 2008, those regarding the effect of new sales-building
initiatives, as well as those regarding the number of restaurants
expected to be opened in 2008 and the timing and location of such
openings. 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) our ability to manage an increasing number
of new restaurant openings, (ii) construction delays, (iii) labor
shortages, (iv) minimum wage increases, (v) food quality and health
concerns, (vi) factors that impact California, where 40 of our
current 74 restaurants are located, (vii) restaurant and brewery
industry competition, (viii) impact of certain brewery business
considerations, including without limitation, dependence upon
suppliers and related hazards, (ix) consumer spending trends in
general for casual dining occasions, (x) potential uninsured losses
and liabilities, (xi) fluctuating commodity costs, the effect of
any resulting menu price increases on our sales, the availability
of food in general and certain raw materials related to the brewing
of our handcrafted beers and energy, (xii) trademark and
servicemark risks, (xiii) government regulations, (xiv) licensing
costs, (xv) beer and liquor regulations, (xvi) loss of key
personnel, (xvii) inability to secure acceptable sites, (xviii)
limitations on insurance coverage, (xix) legal proceedings, (xx)
other general economic and regulatory conditions and requirements,
(xxi) the success of our key sales-building and related operational
initiatives and (xxii) numerous other matters discussed in the
Company's filings with the Securities and Exchange Commission. 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.
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