BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its
newest restaurant in Allen, TX, a Dallas suburb, on September 8, 2009.
The new BJ’s Restaurant & Brewhouse is located at 190 E. Stacy Road, at
the southeast corner of I-75 and Stacy Road, in a shopping and
entertainment destination known as The Village at Allen. The restaurant
is approximately 9,000 square feet and 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 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 87th restaurant in Allen,”
commented Jerry Deitchle, Chairman and CEO. "This new restaurant is our
15th location in the state of Texas and our sixth restaurant
in the Dallas-Fort Worth Metroplex. We also have two additional
restaurants currently under construction in the Metroplex. To date, we
have opened five new BJ’s restaurants during fiscal 2009. We remain on
track to open five more restaurants before the end of the year and
thereby achieve our stated goal to increase our total restaurant
operating weeks by approximately 15% for the full year.” 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.
The Company also announced that management will be attending the
upcoming RBC Capital Markets Consumer Conference at the New York Palace
Hotel in New York, New York. The Company will be hosting a series of
investor meetings at the conference on Thursday, September 17, 2009.
BJ’s Restaurants, Inc. currently owns and operates 87 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 (45), Texas (15), Arizona (5), Colorado (3), Oregon (2),
Nevada (3), Florida (5), Ohio (2), Oklahoma (2), Kentucky (1), Indiana
(1), Louisiana (1) and Washington (2). 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 future periods, those regarding the effect of new sales-building
initiatives, 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 recent 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 45 of our current 87 restaurants are located, (viii)
restaurant and brewery industry competition, (ix) impact of certain
brewery business considerations, including without limitation,
dependence upon suppliers 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
servicemark 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. 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.
