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BJ's Restaurants Opens in Queen Creek, Arizona

1. BJ's opened a new restaurant in Queen Creek, Arizona. 2. The location features a contemporary design and seats 240 guests. 3. Part of the proceeds will support BJ's Restaurants Foundation. 4. This is BJ's eighth restaurant in Arizona, expanding their market presence. 5. BJ's received the 2024 Vibe Vista Award for Best Beverage Program.

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Why Bullish?

The new restaurant opening indicates growth potential and market expansion, commonly boosting investor confidence. Historically, openings have resulted in positive momentum for BJRI's stock price.

How important is it?

The article details an expansion that's likely to enhance BJRI's financial performance, which positively influences investor sentiment and stock valuation.

Why Short Term?

Short-term growth in sales is expected from the new location due to customer interest and brand awareness. Quick establishment in the local market can lead to immediate revenue increases.

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March 25, 2025 13:00 ET  | Source: BJ's Restaurants, Inc. HUNTINGTON BEACH, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its restaurant in Queen Creek, Arizona. The new BJ’s Restaurant & Brewhouse opened yesterday, March 24, 2025, on Ellsworth Road at Queen Creek Crossing. The restaurant is approximately 7,000 square feet, seats approximately 240 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 all dining occasions. Current hours of operation are from 11:00 a.m. to 11:00 p.m. Monday through Thursday, 11:00 a.m. to midnight Friday and Saturday and 11:00 a.m. to 10:00 p.m. on Sundays. “We are excited to open our newest restaurant in Queen Creek, Arizona,” commented Brad Richmond, Interim Chief Executive Officer. “The Queen Creek location joins our seven other high-performing restaurants in the Arizona market.” As with all of our new restaurants, we opened our 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. The winner of the 2024 Vibe Vista Award for Best Overall Beverage Program for Multi-Unit Chain Restaurants 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 31 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 our anticipated comparable restaurant sales, restaurant level operating profit, Adjusted EBITDA, capital expenditures and share repurchases, as well as 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) any inability or failure to successfully and sufficiently raise menu prices to offset rising costs, (ii) any inability to manage new restaurant openings, (iii) construction delays, (iv) wage inflation and competitive labor market conditions which may result in staffing shortages, (v) the impact of any union organizing efforts at our restaurants and our responses to such efforts, (vi) 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, (vii) the effect of credit and equity market disruptions on our ability to finance our continued expansion on acceptable terms, (viii) 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 illnesses or other reasons, whether or not accurate, (ix) factors that impact California, Texas and Florida, where a substantial number of our restaurants are located, (x) restaurant and brewery industry competition, (xi) impact of certain brewing business considerations, including without limitation, dependence upon suppliers, third party contractors and distributors, and related hazards, (xii) consumer spending trends in general for casual dining occasions, (xiii) potential uninsured losses and liabilities due to limitations on insurance coverage, (xiv) fluctuating commodity costs and availability of food in general and certain raw materials related to the brewing of our craft beers and energy requirements, (xv) trademark and service-mark risks, (xvi) government regulations and licensing costs, including beer and liquor regulations, (xvii) loss of key personnel, (xviii) inability to secure acceptable sites, (xix) legal proceedings, (xx) the success of our key sales-building and related operational initiatives, (xxi) any failure of our information technology or security breaches with respect to our electronic systems and data, and (xxii) 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 ICR at (332) 242-4370 or at InvestorRelations@BJRI.com.

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