STOCK TITAN

BJ’s Restaurants Opens in Grand Rapids, Michigan

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
BJ’s Restaurants, Inc. opens new restaurant in Grand Rapids, Michigan, marking its fifth and final restaurant opening in 2023. The restaurant is approximately 7,500 square feet and seats approximately 250 guests. BJ’s plans to continue growing its brand in 2024.
Positive
  • None.
Negative
  • None.

HUNTINGTON BEACH, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its restaurant in Grand Rapids, Michigan. The new BJ’s Restaurant & Brewhouse opened yesterday, October 2, 2023, on 28th St. SE at the Shops at CenterPoint. The restaurant is approximately 7,500 square feet, seats approximately 250 guests and features BJ’s extensive menu, including BJ’s signature deep-dish pizza, award-winning handcrafted beer and famous Pizookie® dessert. BJ’s unique, contemporary décor provides the perfect environment for any dining occasion. Current hours of operation are from 11:00 a.m. to 11:00 p.m. Sunday through Thursday, and 11:00 a.m. to 12:00 midnight Friday and Saturday.

“We are excited to continue adding restaurants in Michigan, and with Grand Rapids we now have five locations in the state,” commented Greg Levin, Chief Executive Officer & President. “Our Grand Rapids restaurant is our fifth and final restaurant opening in 2023. Looking ahead, our 2024 new restaurant pipeline is in excellent shape to continue growing our brand and bringing the BJ’s concept to more and more guests.”

As with all of our new restaurants, BJ’s opens its doors to the local community prior to our grand opening. During this time, a portion of the proceeds from food and alcohol purchases, as well as any voluntary donations from the local community, are donated to the BJ’s Restaurants Foundation.

About BJ’s Restaurants, Inc.
BJ’s Restaurants, Inc. is a national brand with brewhouse roots where Craft Matters®. BJ’s broad menu has something for everyone: slow-roasted entrees, like prime rib, BJ’s EnLIGHTened Entrees® including Cherry Chipotle Glazed Salmon, signature deep-dish pizza and the often imitated, but never replicated world-famous Pizookie® dessert. A winner of the 2023 Vibe Vista Award in the Best Spirits Program category and the most decorated restaurant-brewery in the country, BJ’s has been a pioneer in the craft brewing world since 1996 and takes pride in serving BJ’s award-winning proprietary handcrafted beers, brewed at its brewing operations in four states and by independent third-party craft brewers. The BJ’s experience offers high-quality ingredients, bold flavors, moderate prices, sincere service, and a cool, contemporary atmosphere. Founded in 1978, BJ’s owns and operates over 200 casual dining restaurants in 30 states. All restaurants offer dine-in, take-out, delivery and large party catering. For more BJ’s information, visit http://www.bjsrestaurants.com

About BJ’s Restaurants Foundation
BJ’s Restaurants Foundation (the “Foundation”) is a registered 501(c)(3) qualified non-profit charitable organization principally dedicated to supporting charities that benefit children’s healthcare and education, with a primary focus on the Cystic Fibrosis Foundation. In addition, the Foundation supports volunteer efforts of BJ’s team members across the country as they help give back to the communities in which our restaurants do business. 

Forward-Looking Statements Disclaimer
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 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 and margins, total potential domestic capacity, the success of various sales-building and productivity initiatives, future guest traffic trends, on and off-premise sales trends, cost savings initiatives 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 effects of another pandemic on our operations, labor and staffing, guest traffic, our supply chain and the ability of our suppliers to continue to timely deliver food and other supplies necessary for the operation of our restaurants, the ability to manage costs and reduce expenditures and the availability of additional financing, (ii) any inability or failure to successfully and sufficiently raise menu prices to offset rising costs, (iii) any inability to manage new restaurant openings, (iv) construction delays, (v) wage inflation and competitive labor market conditions which may result in staffing shortages, (vi) the impact of any union organizing efforts at our restaurants and our responses to such efforts, (vii) increases in minimum wage and other employment related costs, including compliance with the Patient Protection and Affordable Care Act and minimum salary requirements for exempt team members, (viii) the effect of credit and equity market disruptions on our ability to finance our continued expansion on acceptable terms, (ix) food quality and health concerns and the effect of negative publicity about us, our restaurants, other restaurants, or others across the food supply chain, due to food borne illness or other reasons, whether or not accurate, (x) factors that impact California, Texas and Florida, where a substantial number of our restaurants are located, (xi) restaurant and brewery industry competition, (xii) impact of certain brewing business considerations, including without limitation, dependence upon suppliers, third party contractors and distributors, and related hazards, (xiii) consumer spending trends in general for casual dining occasions, (xiv) potential uninsured losses and liabilities due to limitations on insurance coverage, (xv) fluctuating commodity costs and availability of food in general and certain raw materials related to the brewing of our craft beers and energy requirements, (xvi) trademark and service-mark risks, (xvii) government regulations and licensing costs, including beer and liquor regulations, (xviii) loss of key personnel, (xix) inability to secure acceptable sites, (xx) legal proceedings, (xxi) the success of our key sales-building and related operational initiatives, (xxii) any failure of our information technology or security breaches with respect to our electronic systems and data, 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.

For further information, please contact Tom Houdek of BJ’s Restaurants, Inc. at (714) 500-2400 or JCIR at (212) 835-8500 or at bjri@jcir.com.


BJ's Restaurants, Inc.

NASDAQ:BJRI

BJRI Rankings

BJRI Latest News

BJRI Stock Data

801.54M
21.64M
5.08%
99.87%
7.8%
Restaurants
Retail-eating Places
Link
United States of America
HUNTINGTON BEACH