QUOTE AND NEWS
Motley Fool  Aug 9  Comment 
BJ's Restaurants reported Q2 earnings on July 23. There's a lot to like in its results, and it should have many years of solid growth ahead.
TheStreet.com  Jul 28  Comment 
NEW YORK (Real Money) -- I'm staying with the food sector here while running with the bulls. It is the one sector showing relative strength and decent setups. For now, I'm containing my focus to short-term views, as the overall market feels very...
Motley Fool  Jul 24  Comment 
Same-restaurant-sales weren't pretty, but the company is showing it can turn a profit.
Benzinga  May 26  Comment 
In a report published Tuesday, Stephens analysts upgraded the rating on BJ's Restaurants Inc (NASDAQ: BJRI) from Equal-Weight to Overweight, while raising the price target from $55 to $58. The upgrade comes after meetings with top officials...
Benzinga  Apr 24  Comment 
In a report published Friday, Stifel analysts maintained a Buy rating on BJ's Restaurants, Inc. (NASDAQ: BJRI), with a price target of $60, after the company reported "another impressive margin-driven" results for 1Q15. The company reported...
Motley Fool  Apr 24  Comment 
BJ's Restaurants, Inc. reported much improved comparable sales and profits for the second quarter in a row.
Benzinga  Apr 23  Comment 
Shares of BJ's Restaurants, Inc. (NASDAQ: BJRI) dipped over 8 percent in after-hours trading after the company reported results for the first quarter on Thursday. The Huntington Beach, California-based company posted quarterly net income of...




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Founded in 1978 in Orange County, California, BJ's Restaurants owns and operates a chain of 68 high-end casual dining restaurants in the Western United States that serve its signature deep-dish pizzas, salads, sandwiches, burgers, pastas, steaks, baby back ribs, and its own hand-crafted beers. Each restaurant is either operated as a BJ s Restaurant & Brewery, which has a brewery in the restaurant, a BJ s Restaurant & Brewhouse, which receives beer from one of its breweries, a contract brewer of the company s proprietary recipes or a BJ s Pizza & Grill, a smaller format, full service restaurant. The broad menu offers a wide range of entr e prices ($8.50 to $19.95) with an average guest check of $12, and allows BJ's to appeal to a variety of guests, and dining occasions including everyday lunch and dinner, special occasions, and late night business.

The company's restaurants are located in California (39), Texas (11), Arizona (4), Oregon (3), Colorado (3), Nevada (2), Florida (3), Ohio (1), and Oklahoma (2). The company also has a licensing interest in a BJ's restaurant in Lahaina, Maui, Hawaii.

History

The first BJ's restaurant, called BJ Chicago Pizzeria was opened by two men in 1978, and specialized in Chicago-style deep-dish pizza. Over the next 13 years, the men opened four additional restaurants, and in 1991 they sold the company to its current joint CEOs and chairmen Paul Motenko and Jerry Hennessey, who changed the company s name to Chicago Pizza & Brewery. The new management slowly expanded the concept to reach all consumer demographics by broadening the menu and entering the microbrewery business in 1996.

That same year the company expanded geographically by acquiring 19 restaurants in Oregon and Washington from Pietros. The Pietros restaurants served primarily thin-crust pizza in a very casual counter-service environment. Unfortunately, the concept failed and over the next eight years BJ's closed 13 of the Pietros restaurants, sold three to employees and converted three to BJ's locations.

In 1996, the company made an IPO of 1.8 million shares at $5 per share, and 2.1 million warrants at $0.25 each, raising more than $9 million. In January 2005, BJ's hired Jerry Deitchle, formerly President (2002-2004) and CFO (1995-2002) at the Cheesecake Factory. In March 2005, the company announced the completion of a $42.6 million private placement of common stock with three large institutional investors. The transaction involved the sale of 2.75 million shares of common stock at a price of $15.50 per share.




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