BJ's Restaurants, Inc. (NASDAQ:BJRI) Q1 2023 Earnings Conference Call April 27, 2023 5:00 PM ET

Company Participants

Rana Schirmer - Director of Securities

Greg Levin - President and Chief Executive Officer

Thomas Houdek - Chief Financial Officer

Conference Call Participants

Alexander Slagle - Jefferies

Jeffrey Bernstein - Barclays

David Tarantino - Baird

Nick Setyan - Wedbush Securities

Andrew Wolf - C. L. King

Joshua Long - Stevens Inc.

Sharon Zackfia - William Blair

Todd Brooks - Benchmark Company

Jon Tower - Citi

Operator

Hello and welcome to BJ’s Restaurants, Inc. Q1 2023 Earnings Release and Conference Call. All participants are in a listen-only mode. [Operator Instructions] Please note this event is being recorded.

I will now turn the conference over to Greg Levin, Chief Executive Officer and President. Please go ahead.

Greg Levin

Thank you, operator. Good afternoon, everyone and welcome to BJ’s Restaurants fiscal 2023 first quarter investor conference call and webcast. I’m Greg Levin, BJ’s Chief Executive Officer and President and joining me on call today is Tom Houdek, our Chief Financial Officer. We also have Greg Lynds, our Chief Development Officer on hand for Q&A.

After the market closed today, we released our financial results for the first quarter 2023 and you can view the full text of our earnings release on our website at www.bjsrestaurants.com.

Our agenda today will start with Rana Schirmer, our Director of SEC Reporting, providing our standard cautionary disclosure with respect to forward-looking statements. I will then provide an update on our business and current initiatives and then Tom Houdek will provide some commentary on the quarter and the current operating environment. After that, we will open it up to questions.

So Rana, please go ahead.

Rana Schirmer

Thanks, Greg. Our comments on the conference call today will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements.

Our forward-looking statements speak only as of today’s date, April 27, 2023. We undertake no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements whether as a result new information, future events or otherwise unless required to do so by the securities laws. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements contained in the company, filing with the Securities and Exchange Commission. Greg.