BJ's Restaurants, Inc. Opens in Palmdale, California with Very Strong Initial Sales.HUNTINGTON BEACH Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif. -- BJ's Restaurants, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BJRI) today announced the opening of its 59th restaurant in Palmdale, California “Palmdale” redirects here. For other uses, see Palmdale (disambiguation). Palmdale, the first community within the Antelope Valley to incorporate as a city (on August 24, 1962), is located in the northeast reaches of Los Angeles County, California, United States, on May 2, 2007. The new BJ's Restaurant & Brewhouse Brew´house` n. 1. A house or building appropriated to brewing; a brewery. is located at 1325 Rancho Vista Blvd. on a freestanding pad in the Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California. Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0. . The restaurant is approximately 8,500 square feet, contains seating for 265 guests and features BJ's extensive menu that includes BJ's signature deep dish This article is about the band. For the food, see Chicago-style pizza. Deep Dish is a duo of DJ and house music producers consisting of Iranian American members Ali "Dubfire" Shirazinia and Sharam Tayebi. pizza, award winning handcrafted hand·craft n. Variant of handicraft. tr.v. hand·craft·ed, hand·craft·ing, hand·crafts To fashion or make by hand. hand·craft beer and our famous Pizookie(R) dessert. BJ's highly detailed, contemporary decor and the concept's unique video statement, with several high definition flat panel televisions, together create 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 delighted to bring BJ's to Palmdale, where opening day sales came within a few dollars of setting a new all-time record for BJ's on that measure," commented Jerry Deitchle, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We estimate that over 2,000 guests dined at our Palmdale restaurant on opening day, which is an incredible amount of guest traffic. Our restaurant operations team in Palmdale also did a terrific job of serving all of our guests at BJ's gold standard level of operational excellence." The Palmdale restaurant is the Company's fourth new restaurant opening to date during 2007. The Company remains solidly on track to open as many as thirteen new restaurants during 2007 and thereby increase its total restaurant operating weeks by 20% to 25% during the year. Additionally, work is well underway to identify and secure several prospective locations for potential 2008 and 2009 openings. BJ's Restaurants, Inc. currently owns and operates 59 casual dining restaurants under the BJ's Restaurant and Brewery, BJ's Restaurant and 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, 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 which produce and distribute BJ's critically acclaimed handcrafted beers throughout the chain. The Company's restaurants are located in California (36), Texas (8), Arizona (4), Colorado (3), Oregon (3), Nevada (2), Florida (2) and Ohio (1). The Company also has a licensing interest in a BJ's restaurant in Lahaina, Maui. Visit BJ's Restaurants, Inc. on the web at www.bjsrestaurants.com. Certain statements in the preceding paragraphs and all other statements that are not purely historical constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. 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) our ability to manage an increasing number of new restaurant openings, (ii) construction delays, (iii) labor shortages A Labor shortage is an economic condition in which there are insufficient qualified candidates (employees) to fill the market-place demands for employment at any price. This condition is sometimes referred to by Economists as "an insufficiency in the labor force. , (iv) minimum wage increases, (v) food quality and health concerns, (vi) factors that impact California, where 36 of our current 59 restaurants are located, (vii) restaurant and brewery industry competition, (viii) impact of certain brewery business considerations, including without limitation, dependence upon suppliers and related hazards, (ix) consumer trends, (x) potential uninsured losses and liabilities, (xi) fluctuating commodity costs including food and energy, (xii) trademark and servicemark risks, (xiii) government regulations, (xiv) licensing costs, (xv) beer and liquor regulations, (xvi) loss of key personnel, (xvii) inability to secure acceptable sites, (xviii) limitations on insurance coverage, (xix) legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. , (xx) other general economic and regulatory conditions and requirements and (xxi) 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. For further information, please contact Greg Levin of BJ's Restaurants, Inc. (714) 500-2440. |
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