Exhibit 99.1
BJ's Restaurants, Inc. Opens in Bakersfield, California
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Oct. 11, 2006--BJ's Restaurants,
Inc. (NASDAQ:BJRI) today announced the opening of its newest BJ's Restaurant &
Brewhouse in Bakersfield, California on October 10, 2006. The approximately
8,500 square foot freestanding restaurant is located in the Shops at Riverwalk
at 10750 Stockdale Highway. The restaurant has seating for 270 guests with hours
of operation 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 extremely pleased to open in Bakersfield, California," commented
Jerry Deitchle, President and CEO. "Our first day sales were exceptional and our
management, service and kitchen teams did an outstanding job executing the
concept for our guests. The Bakersfield restaurant represents our eighth new
restaurant opening during 2006 and, with three restaurants currently under
construction, we remain on track to achieve our stated goal to open as many as
11 new restaurants this year."
Additionally, the Company continues to target 2007 capacity growth of 20%
to 25%, measured in terms of total restaurant operating weeks and has signed
leases or letters of intent on hand to open as many as 13 new restaurants during
2007.
BJ's Restaurants, Inc. currently owns and operates 52 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 eleven microbreweries
which produce and distribute BJ's critically acclaimed handcrafted beers
throughout the chain. The Company's restaurants are located in California (35),
Texas (7), Arizona (4), Oregon (3), Colorado (2) and Nevada (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 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. 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, (iv) minimum wage increases (v) food quality and health
concerns, (vi) factors that impact California, where 35 of our current 52
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, (xx) other
general economic and regulatory conditions and requirements, (xxi) and 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.
CONTACT: BJ's Restaurants, Inc.
Greg Levin, 714-848-3747, ext. 240