BJ's Restaurants Opens in Jacksonville, Florida
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HUNTINGTON BEACH, Calif., Aug. 30, 2011 (GLOBE NEWSWIRE) -- BJ's Restaurants,
Inc. (Nasdaq:BJRI) today announced the opening of its newest restaurant in
Jacksonville, Florida, on August 29, 2011. The new BJ's Restaurant & Brewhouse
is located on the northeast corner of Butler Boulevard and Gate Parkway next to
the Costco Warehouse Club. 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(R) dessert. BJ's highly detailed, contemporary decor 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 bring the BJ's restaurant concept to Jacksonville,
Florida," commented Jerry Deitchle, Chairman and CEO. "Our Jacksonville
restaurant is our seventh restaurant in Florida, where we have recently been
achieving some of our strongest increases in comparable restaurant sales. We
continue to believe that Florida will be a very fertile development ground for
the BJ's restaurant concept going forward. Currently, all seven of our
restaurants in Florida are located in the central and northern parts of the
state. We plan to open our first restaurant in South Florida later this year in
Pembroke Pines, and we have several more potential locations targeted for future
development throughout the entire state. To date, we have opened seven new
restaurants during 2011. We remain on track to open as many as five to six more
restaurants this year, thereby achieving our stated expansion goal to open as
many as 12 to 13 new restaurants during 2011."
BJ's Restaurants, Inc. currently owns and operates 109 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 (53), Texas (23), Arizona (6), Colorado
(4), Oregon (2), Nevada (5), Florida (7), 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 53 of our current 109
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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