BJ's Restaurants, Inc. (NASDAQ:BJRI) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET

Company Participants

Rana Schirmer - Director, SEC External Reporting
Greg Levin - Chief Executive Officer & President
Tom Houdek - Chief Financial Officer

Conference Call Participants

Alex Slagle - Jefferies
Jeffrey Bernstein - Barclays
Todd Brooks - The Benchmark Company
Nick Setyan - Wedbush Securities
Sharon Zackfia - William Blair
Karen Holthouse - Citigroup
Andrew Wolf - C.L. King

Operator

Good day and welcome to the BJ's Restaurants Inc. Second Quarter 2024 Earnings Release Conference Call. All participants will be in a listen only mode. [Operator Instructions] After today's remarks there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Rana Schirmer, Director of SEC Reporting. Please go ahead.

Rana Schirmer

Thank you, operator. Good afternoon, everyone and welcome to our fiscal 2024 second quarter investor call and webcast. After the market closed today, we released our financial results for our fiscal 2024 second quarter. You can view the full text of our earnings release on our website at www.bjsrestaurants.com.

I will begin by reminding you that our comments on the conference call today will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are not guarantees of future performance and undue reliance should not be placed on such statements. These statements are based on management's current business and market expectations, and our actual results could differ materially from the projections in the forward-looking statements.

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 of 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's filings with the Securities and Exchange Commission.

We will start today's call with prepared remarks by Greg Levin, our Chief Executive Officer and President; and Tom Houdek, our Chief Financial Officer, after which we will take your questions.

And with that, I will turn the call over to Greg Levin. Greg?

Greg Levin

Thank you Rana. BJs has delivered another quarter of restaurant level margin growth in adjusted EBITDA growth of 13% over the same period last year. These solid results again highlight the benefits of the strategies we shared at our Investor Day in November. Our approach focuses on driving sales who are familiar-made brewhouse fabulous culinary initiative, increasing and enhancing our brand awareness, improving our operational excellence through our people initiatives centered on our gracious hospitality and enhancing our ambiance through our remodel initiative.