BJ's Restaurants Opens in Tyler, Texas; Sets New Company Sales Record
March 01 2011 - 1:01PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its newest restaurant in Tyler, TX on February 28, 2011. The new
BJ's Restaurant & Brewhouse is located just west of the
intersection of Loop 323 and Broadway Ave as the newest addition to
the 650,000 square-foot Broadway Square Mall. The restaurant is
approximately 8,000 square feet, contains seating for approximately
265 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 our first new restaurant of 2011 in
Tyler, Texas," commented Jerry Deitchle, Chairman and CEO. "The
Tyler community welcomed us enthusiastically, as our new restaurant
set a new all-time BJ's record for opening-day sales. Our
Tyler restaurant is our 21st restaurant in Texas, where we have
achieved many of our strongest sales volumes and increases in
comparable restaurant sales during the past several years. We
continue to remain on track to open as many as 12 to 13 new
restaurants during 2011 and currently have six new restaurants
under construction for planned openings later this
year. Additionally, our real estate pipeline continues to be
in excellent shape, and our development team is currently
finalizing several new restaurant locations for potential 2012
openings."
BJ's Restaurants, Inc. currently owns and operates 103 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 (21), 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 103 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: Greg Levin
BJ's Restaurants, Inc.
(714) 500-2400
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