BJ’s Restaurants, Inc. (Nasdaq:BJRI) held its annual meeting of shareholders on Tuesday, June 5, 2012. Shareholders re-elected Gerald W. Deitchle, Peter A. Bassi, Larry D. Bouts, James A. Dal Pozzo, Henry Gomez, John F. Grundhofer, William L. Hyde, Jr., J. Roger King and Lea Anne S. Ottinger to the Board of Directors to serve for one-year terms until the next annual meeting. Shareholders also approved the Company’s advisory resolution on executive compensation and ratified the selection of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for fiscal 2012. At the annual meeting, management also provided shareholders with an overview of the Company’s fiscal 2011 financial results and included an update on the Company’s current expansion plan and key initiatives for the current year.
“We continue to be excited about BJ’s longer-term growth opportunity to continue building our market share in the casual dining industry,” said Jerry Deitchle, Chairman and CEO. “Today, BJ’s share of the estimated $100+ billion domestic casual dining market is still less than 1%, so the vast majority of our growth remains well ahead of us. The competitive positioning of BJ’s as a higher quality, more differentiated restaurant concept with contemporary energy and relevance, coupled with our quality signature food and beverage offerings at moderate prices provide us with a strong engine for further market share gains. We will continue to execute BJ’s national expansion plan at a steady, carefully controlled pace that maximizes the quality, predictability and leverage of our brand and our business model. That is the principal difference between a restaurant company that grows, of which there are many, and a restaurant growth company, of which BJ’s is one of a just a few.”
BJ’s Restaurants, Inc. currently owns and operates 120 casual dining restaurants under the BJ’s Restaurant & Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza & Grill and BJ’s Grill brand names. BJ’s restaurants offer an innovative and broad menu featuring award-winning, signature deep-dish pizza complemented with generously portioned salads, appetizers, 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 in addition to using qualified contract brewers to produce and distribute BJ’s critically acclaimed proprietary handcrafted beers throughout the chain. The Company’s restaurants are located in California (59), Texas (25), Arizona (6), Colorado (4), Oregon (2), Nevada (5), Florida (9), Ohio (3), Oklahoma (2), Kentucky (1), Indiana (1), Louisiana (1) and Washington (2). Visit BJ’s Restaurants, Inc. on the Web at http://www.bjsrestaurants.com.