BJ's Restaurants Opens in Brentwood, California and Dublin, Ohio
September 29 2011 - 4:05PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
two new restaurants in Brentwood, California (in the East Bay area
of Northern California) on Monday, September 26, 2011, and in
Dublin, Ohio on Wednesday, September 28, 2011.
Our new Brentwood, California restaurant is located at the
intersection of Highway 4 and Sand Creek Rd. as the latest addition
to the Streets of Brentwood retail center, anchored by Rave's 14
screen IMAX theater. Our new Dublin, Ohio restaurant is located at
the intersection of I-270 and Tuttle Crossing Blvd. as the latest
addition to the Mall at Tuttle Crossing. Both new restaurants
are approximately 8,500 square feet in size and include seating for
approximately 280 guests.
Our new restaurants feature 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 for both restaurants 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 excited to open two new BJ's restaurants this week,"
commented Jerry Deitchle, Chairman and CEO. "Our new Brentwood
restaurant is located in the East Bay trade area of Northern
California, where the BJ's concept enjoys strong brand awareness
and above-average sales volumes. Our new restaurant in Dublin
joins our two other successful restaurants in Ohio at the Polaris
Mall in Columbus and at the Tri County Mall in
Cincinnati. Initial sales for both new restaurants exceeded
our expectations. The opening of these two new restaurants
represents our ninth and tenth new restaurants to date during
2011. We have successfully opened four new operationally
complex BJ's restaurants during the past 30 days, which is a strong
testament to the capabilities of our restaurant development and
operations teams. We currently expect to open two to three
more restaurants this year and thereby achieve our stated goal to
increase our total restaurant operating weeks by 11% to 12% during
2011." 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 112 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 in addition to using
qualified contract brewers to produce and distribute BJ's
critically acclaimed proprietary handcrafted beers throughout the
chain. The Company's restaurants are located in California (54),
Texas (23), Arizona (6), Colorado (4), Oregon (2), Nevada (5),
Florida (8), Ohio (3), 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 54 of our current 112 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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