BJ's Restaurants Opens in Clearwater, Florida
February 29 2012 - 12:00PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its newest restaurant in Clearwater, Florida on February 27, 2012.
The new BJ's Restaurant & Brewhouse is located in a new
expansion of the 1.2 million square foot Westfield Countryside
Mall. The in-line BJ's restaurant is approximately 9,000
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 our first new restaurant of fiscal
2012 in Clearwater, Florida," said Jerry Deitchle, Chairman and
CEO. "Our new Clearwater restaurant joins our two other successful
BJ's restaurants in the Tampa market and also represents our ninth
restaurant in the state of Florida, where we have achieved some of
our strongest comparable restaurant sales growth during the last
couple of years. We believe that Florida will continue to be a
fertile development ground for future BJ's restaurants, with two
additional restaurants planned to open in Florida later this year."
The Company remains solidly on track to open as many as 16 new
restaurants during fiscal 2012, including one relocation of an
existing, older smaller-format BJ's Pizza & Grill location to a
site that can support a larger-format BJ's
restaurant. Investors are reminded that the actual number and
timing of new restaurant openings is subject to a number of factors
outside of the Company's control including, but not limited to,
weather conditions and factors under the control of landlords,
contractors and regulatory/licensing authorities
BJ's Restaurants, Inc. currently owns and operates 116 casual
dining restaurants under the BJ's Restaurant & Brewery®, BJ's
Restaurant & Brewhouse®, BJ's Pizza & Grill® and BJ's
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 (56), Texas (24), Arizona (6), Colorado
(4), Oregon (2), Nevada (5), Florida (9), 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, the
success of various sales-building and productivity initiatives,
future guest traffic trends and the number and timing of new
restaurants expected to be opened in future periods. 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) increase in minimum wage and other employment
related costs, (vi) food quality and health concerns, (vii) factors
that impact California, where 56 of our current 116 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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