BJ's Restaurants Opens in Shenandoah, Texas
November 09 2010 - 4:05PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its newest restaurant in Shenandoah, Texas (in the northern Houston
market), on November 8, 2010. The new BJ's Restaurant &
Brewhouse is located at the Venetian-inspired Portofino shopping
center just north of the intersection of Research Forest Drive and
I-45. The restaurant is approximately 8,500 square feet, contains
seating for approximately 280 guests, and features BJ's extensive
menu including BJ's signature deep-dish pizza, award-winning
handcrafted beer and famous Pizookie® dessert. BJ's highly
detailed, contemporary décor and unique video statement, including
BJ's 103" plasma display as well as 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.
"We are very excited to open BJ's in Shenandoah, Texas,"
commented Jerry Deitchle, Chairman and CEO. "Our Shenandoah
restaurant is our fifth restaurant in the Houston market, where we
have achieved some of our strongest increases in comparable
restaurant sales during the past several years. Shenandoah
represents our tenth and final new restaurant opening for
2010. On behalf of BJ's leadership team, I would like to
express my sincere appreciation to all of our team members and
supplier partners for successfully achieving our stated expansion
goal for the year.
"We are looking forward to another year of successful expansion
and market share gains for the BJ's restaurant concept during
2011," said Deitchle. "We currently plan to open as many as 12
to 13 new restaurants next year. We continue to believe that
BJ's will be one of just a few publicly-held casual dining
restaurant companies that plans to achieve double-digit capacity
growth during 2011 in terms of total restaurant operating
weeks." Investors are reminded that the actual number and
timing of new restaurant openings for any given period is subject
to a number of factors outside of the Company's control, including
weather conditions and factors under the control of landlords,
contractors and regulatory/licensing authorities.
BJ's Restaurants, Inc. currently owns and operates 102 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,
entrées 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
(51), Texas (20), Arizona (6), Colorado (4), Oregon (2), Nevada
(4), Florida (6), Ohio (2), Oklahoma (2), Kentucky (1), Indiana
(1), Louisiana (1) and Washington (2). 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
future periods, those regarding the effect of new sales-building
initiatives, future guest traffic, as well as those regarding the
number of restaurants expected to be opened in future periods 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) the effect of
credit and equity market disruptions on our ability to finance our
continued expansion on acceptable terms, (ii) our ability to manage
an increasing number of new restaurant openings, (iii) construction
delays, (iv) labor shortages, (v) minimum wage increases, (vi) food
quality and health concerns, (vii) factors that impact California,
where 51 of our current 102 restaurants are located, (viii)
restaurant and brewery industry competition, (ix) impact of certain
brewery business considerations, including without limitation,
dependence upon suppliers, third party contractors and related
hazards, (x) consumer spending trends in general for casual dining
occasions, (xi) potential uninsured losses and liabilities, (xii)
fluctuating commodity costs and availability of food in general and
certain raw materials related to the brewing of our handcrafted
beers and energy, (xiii) trademark and service-mark risks, (xiv)
government regulations, (xv) licensing costs, (xvi) beer and liquor
regulations, (xvii) loss of key personnel, (xviii) inability to
secure acceptable sites, (xix) limitations on insurance coverage,
(xx) legal proceedings, (xxi) other general economic and regulatory
conditions and requirements, (xxii) the success of our key
sales-building and related operational initiatives and (xxiii)
numerous other matters discussed in the Company's filings with the
Securities and Exchange Commission, including its recent reports on
Forms 10-K, 10-Q and 8-K. 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.
CONTACT: BJ's Restaurants, Inc.
Greg Levin
(714) 500-2400
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