BJ's Restaurants: Difference between revisions
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{{short description|American restaurant chain |
{{short description|American restaurant chain}} |
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{{Use mdy dates|date=January 2019}} |
{{Use mdy dates|date=January 2019}} |
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{{Infobox company |
{{Infobox company |
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| name |
| name = BJ's Restaurants, Inc. |
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| image |
| image = BJ's Restaurants Headquarters 2022.jpg |
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| image_caption |
| image_caption = Headquarters in [[Huntington Beach, California]] |
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| logo |
| logo = BJ's Restaurants logo.svg |
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| logo_upright = 0.4 |
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| former_name |
| former_name = BJ's Chicago Pizzeria |
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| type |
| type = [[Public company|Public]] |
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| traded_as |
| traded_as = {{NASDAQ|BJRI}}<br />[[List of S&P 600 companies|S&P 600]] component |
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| trade_name |
| trade_name = {{plain list| |
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* BJ's Grill |
* BJ's Grill |
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* BJ's Pizza & Grill |
* BJ's Pizza & Grill |
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Line 16: | Line 16: | ||
* BJ’s Restaurant & Brewhouse |
* BJ’s Restaurant & Brewhouse |
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}} |
}} |
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| industry |
| industry = {{flat list| |
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* [[Restaurant]] |
* [[Restaurant]] |
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* [[microbrewery]] |
* [[microbrewery]] |
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}} |
}} |
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| genre |
| genre = [[Casual dining]] |
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| foundation |
| foundation = {{start date and age|1978|p=y}}, in [[Santa Ana, California]], US |
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| founders |
| founders = {{plain list| |
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* Mike Phillips |
* Mike Phillips |
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* Bill Cunningham |
* Bill Cunningham |
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}} |
}} |
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| hq_location_city |
| hq_location_city = [[Huntington Beach, California]] |
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| hq_location_country = US |
| hq_location_country = US |
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| locations |
| locations = 215 (2022) |
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| key_people |
| key_people = Greg Levin ([[Chief executive officer|CEO]] and [[President (corporate title)|president]]) |
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| area_served |
| area_served = United States |
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| products |
| products = American food |
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| services |
| services = [[Catering]] |
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| num_employees |
| num_employees = 23,000 (2021) |
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| revenue |
| revenue = {{increase}} {{US$}}1.195 billion (2021)<ref name=nasdaq>{{cite web|url=https://www.nasdaq.com/market-activity/stocks/bjri/financials|title=BJRI Financials|date=January 30, 2021|publisher=Nasdaq}}</ref> |
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| net_income |
| net_income = {{increase}}{{USD}}52.882 million (2021)<ref name=nasdaq>{{cite web|url=https://www.nasdaq.com/market-activity/stocks/bjri/financials|title=BJRI Financials|date=January 30, 2021|publisher=Nasdaq}}</ref> |
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| operating_income |
| operating_income = {{increase}}{{USD}}79.452 million (2021)<ref name=nasdaq>{{cite web|url=https://www.nasdaq.com/market-activity/stocks/bjri/financials|title=BJRI Financials|date=January 30, 2021|publisher=Nasdaq}}</ref> |
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| assets |
| assets = {{increase}} US$1.059 billion (FY 2021)<ref name=nasdaq>{{cite web|url=https://www.nasdaq.com/market-activity/stocks/bjri/financials|title=BJRI Financials|date=January 30, 2021|publisher=Nasdaq}}</ref> |
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| equity |
| equity = {{increase}} US$353.788 million (FY 2021)<ref name=nasdaq>{{cite web|url=https://www.nasdaq.com/market-activity/stocks/bjri/financials|title=BJRI Financials|date=January 30, 2021|publisher=Nasdaq}}</ref> |
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| website |
| website = {{url|https://www.bjsrestaurants.com/}} |
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}} |
}} |
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'''BJ's Restaurants, Inc.''' is an American restaurant chain, |
'''BJ's Restaurants, Inc.''' is an American restaurant chain, headquartered in [[Huntington Beach, California]].<ref>{{cite web |title=Company Overview of BJ's Restaurants, Inc. |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=374469 |publisher=Bloomberg |access-date=January 4, 2019}}</ref><ref name="Hampson23">{{cite book |last=Hampson |first=Tim |date=2008 |title=The Beer Book |location=London |publisher=[[Dorling Kindersley]] |page=23 |isbn=978-1405333016}}</ref> The chain operates under the names BJ's Restaurant & Brewery, BJ's Restaurant & Brewhouse, BJ's Grill, and BJ's Pizza & Grill. |
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==History== |
==History== |
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[[File:BJs front close - Hillsboro, Oregon.JPG|thumb| |
[[File:BJs front close - Hillsboro, Oregon.JPG|thumb|A BJ's in [[Hillsboro, Oregon]]]] |
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[[File:BJ’s Brewhouse; Southern Park Mall; Boardman OH.jpg|thumb|A BJ’s Brewhouse Location at Southern Park Mall, Boardman Ohio]] |
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BJ's was founded in 1978 and first opened in [[Santa Ana, California]], as BJ's Chicago Pizzeria<ref name="ocr-2012sep23">{{cite news |url=http://www.ocregister.com/2012/09/23/bjs-restaurant-brewhouse/ |title=Best of Orange County: BJ's Restaurant & Brewhouse |newspaper=[[Orange County Register]] |date=September 23, 2012 |first=Jocelyn |last=Alvarado}}</ref> by Mike Phillips and Bill Cunningham.<ref name="lat-1994sep29">{{cite news |url=http://articles.latimes.com/1994-09-29/news/ol-44225_1_huntington-beach-pizza |title=Restaurants : BJ's Dishes Pizza That Pans Out |newspaper=[[Los Angeles Times]] |date=September 29, 1994 |first=Max |last=Jacobson}}</ref><ref name="lat-2010may05">{{cite news |url=http://articles.latimes.com/2010/may/05/business/la-fi-bjs-restaurants-20100505 |title=BJ's takes a bigger slice of casual-dining market: The Huntington Beach-based chain's vast menu and modest prices are helping it thrive after a tough few years for the restaurant industry. |newspaper=[[Los Angeles Times]] |date=May 5, 2010 |first=Andrea |last=Chang}}</ref> Phillips and Cunningham sold |
BJ's was founded in 1978 and first opened in [[Santa Ana, California]], as BJ's Chicago Pizzeria<ref name="ocr-2012sep23">{{cite news |url=http://www.ocregister.com/2012/09/23/bjs-restaurant-brewhouse/ |title=Best of Orange County: BJ's Restaurant & Brewhouse |newspaper=[[Orange County Register]] |date=September 23, 2012 |first=Jocelyn |last=Alvarado}}</ref> by Jim Kozen and Leonard Allenstein.<ref name="ocr-2012sep232">{{cite news |last=Alvarado |first=Jocelyn |date=September 23, 2012 |title=Best of Orange County: BJ's Restaurant & Brewhouse |newspaper=[[Orange County Register]] |url=http://www.ocregister.com/2012/09/23/bjs-restaurant-brewhouse/}}</ref> The original name was BJ Grunts, but due to a Federal Trademark conflict with RJ Grunts, a Chicago-based hamburger shop, the name was changed.<ref>{{Cite web |title=Casual Dining And Drinks At BJ's Brewery – SanctuaryBrewCo |url=https://www.sanctuarybrewco.com/casual-dining-and-drinks-at-bjs-brewery |access-date=2022-10-05 |language=en-US}}</ref> Shortly after the opening of the first restaurant, Mike Phillips and Bill Cunningham bought 50% of the company for $14,000.{{Citation needed|date=July 2023}} Kozen and Allenstein left the group after the opening of the 7th store.<ref name="lat-1994sep29">{{cite news |url=http://articles.latimes.com/1994-09-29/news/ol-44225_1_huntington-beach-pizza |title=Restaurants : BJ's Dishes Pizza That Pans Out |newspaper=[[Los Angeles Times]] |date=September 29, 1994 |first=Max |last=Jacobson}}</ref><ref name="lat-2010may05">{{cite news |url=http://articles.latimes.com/2010/may/05/business/la-fi-bjs-restaurants-20100505 |title=BJ's takes a bigger slice of casual-dining market: The Huntington Beach-based chain's vast menu and modest prices are helping it thrive after a tough few years for the restaurant industry. |newspaper=[[Los Angeles Times]] |date=May 5, 2010 |first=Andrea |last=Chang}}</ref> Phillips and Cunningham sold the company to their accountants Paul Motenko and Jerry Hennessy in 1991.<ref name="ocr-2008dec22">{{cite news |url=http://www.ocregister.com/2008/12/22/bjs-restaurants-co-founders-leave-pizza-chain/ |title=BJ's Restaurants co-founders leave pizza chain |newspaper=[[Orange County Register]] |date=December 22, 2008 |first=Nancy |last=Luna}}</ref><ref name="lat-2010may05" /> |
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By 1996, seven restaurants had opened between [[San Diego]] and Los Angeles. Originally known as Chicago Pizza, the company went public |
By 1996, seven restaurants had opened between [[San Diego]] and Los Angeles.{{Citation needed|date=July 2023}} Originally known as Chicago Pizza, the company went public in 1996, raising $9.4 million.<ref name="pbj Rose">{{cite news |last=Rose |first=Michael |title=BJ's Pizza to revamp Pietro's with breweries, remodeling |url=http://www.bizjournals.com/portland/stories/1996/11/18/story6.html?page=all |access-date=March 15, 2013 |newspaper=[[Portland Business Journal]] |date=November 17, 1996}}</ref> The company then bought 26 [[Pietro's Pizza]] restaurants in March 1996 in a $2.8 million deal in cash and assumed debt, but then sold off seven of the locations with plans to convert the remaining Pietro's to what was then BJ's Pizza.<ref name="pbj Rose"/> During the same year, the company opened a microbrewery at its Brea restaurant.<ref name="ocr-2013jan21">{{cite news |url=https://www.ocregister.com/2013/01/21/bjs-restaurant-and-brewhouse-2/ |title=BJ's Restaurant and Brewhouse |newspaper=[[Orange County Register]] |date=January 21, 2013 |first=Earl |last=Bloom}}</ref> |
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Between 2010 and 2011, the [[National Retail Federation]] named it |
Between 2010 and 2011, the [[National Retail Federation]] named it one of the 10 fastest-growing restaurants in the U.S. based on year-over-year sales.<ref name=ocr20120802>{{cite news |last=Luna |first=Nancy |title=BJ's pizza among 10 fastest-growing chains |newspaper=[[The Orange County Register]] |date=August 2, 2012 |url=http://www.ocregister.com/2012/08/01/bjs-pizza-among-10-fastest-growing-chains-2/}}</ref> |
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⚫ | In 2013, BJ's produced a combined total of 60,000 barrels annually at their 11 brewery restaurants to serve their chain of 136 restaurants in 15 states.<ref name="cbb-2013aug16">{{cite news |url=https://www.craftbrewingbusiness.com/business-marketing/brewpub-files-bjs-restaurants-crafts-brand-quality-across-restaurants/ |title=Brewpub Files: BJ's Restaurants crafts brand quality across its restaurants |website=Craft Brewing Business |date=August 16, 2013 |first=Jason |last=Morgan}}</ref> In 2010, the company's BJ's Hefelightzen was awarded a gold medal at the [[Great American Beer Festival]].<ref name="nbc-2010sep28">{{cite news |url=http://www.nbcnews.com/id/39403932/ns/business-press_releases/t/bjs-restaurants-wins-gold-medal-great-american-beer-festival/ |title=BJ's Restaurants Wins Gold Medal at the Great American Beer Festival |website=[[NBC News]] |date=September 28, 2010 |author=<!--Staff writer(s); no by-line.-->}}</ref> In 2021, Greg Levin was appointed to CEO.<ref>{{Cite web |date=2021-07-06 |title=BJ's names Greg Levin to succeed Gregory Trojan as CEO |url=https://www.nrn.com/casual-dining/bj-s-names-greg-levin-succeed-gregory-trojan-ceo |access-date=2023-07-10 |website=Nation's Restaurant News |language=en}}</ref> {{As of|2022|12}}, BJ's operated 215 restaurants in 29 states.<ref>{{cite web |title=BJ'S Restaurants, Inc. news release |url=https://investors.bjsrestaurants.com/news/news-details/2022/BJs-Restaurants-Inc.-to-Participate-at-the-2022-Stephens-Annual-Investment-Conference/default.aspx |access-date=November 30, 2022 |publisher=BJ's Restaurants, Inc.}}</ref> |
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In October 2012, Greg Trojan became president and CEO.<ref>{{cite web|url=https://www.foodnewsfeed.com/content/bjs-restaurants-inc-announces-incoming-president-and-upcoming-ceo-transition |title=BJ's Restaurants, Inc. Announces Incoming President and Upcoming CEO Transition |website=foodnewsfeed.com |date=October 31, 2012 |access-date=April 2, 2018}}</ref> |
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==Offerings== |
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⚫ | |||
BJ's menu features pizza, [[beer|beers]], appetizers, entrees, pastas, sandwiches, salads, and desserts (including the signature [[Pizookie]]).<ref name=":0">{{Cite web|url=https://www.forbes.com/companies/bjs-restaurants/|title=BJ's Restaurants|website=Forbes|access-date=2020-04-08}}</ref> Some locations feature [[microbreweries]] that supply beer to other locations in the chain.<ref name="Hampson23"/> |
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⚫ | In 2013, BJ's produced a combined total of 60,000 barrels annually at their 11 brewery restaurants to serve their chain of 136 restaurants in 15 states.<ref name="cbb-2013aug16">{{cite news |url=https://www.craftbrewingbusiness.com/business-marketing/brewpub-files-bjs-restaurants-crafts-brand-quality-across-restaurants/ |title=Brewpub Files: BJ's Restaurants crafts brand quality across its restaurants |website=Craft Brewing Business |date=August 16, 2013 |first=Jason |last=Morgan}}</ref> In 2010, the company's BJ's Hefelightzen was awarded a gold medal at the [[Great American Beer Festival]].<ref name="nbc-2010sep28">{{cite news |url=http://www.nbcnews.com/id/39403932/ns/business-press_releases/t/bjs-restaurants-wins-gold-medal-great-american-beer-festival/ |title=BJ's Restaurants Wins Gold Medal at the Great American Beer Festival |website=[[NBC News]] |date=September 28, 2010 |author=<!--Staff writer(s); no by-line.-->}}</ref> |
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== Operations == |
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{{As of|2019|4}}, BJ's operated 210 restaurants in 28 states:<ref>{{cite web|url=https://eresearch.fidelity.com/eresearch/goto/evaluate/snapshot.jhtml?symbols=BJRI&type=sq-NavBar|title=BJ'S company snapshot|publisher=Fidelity|access-date=June 10, 2019}}</ref> |
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{{div col|colwidth=20em}} |
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* Alabama |
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* Arizona |
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* Arkansas |
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* California |
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* Colorado |
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* Connecticut |
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* Florida |
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* Indiana |
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* Kansas |
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* Kentucky |
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* Louisiana |
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* Maryland |
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* Massachusetts |
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* Michigan |
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* Nevada |
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* New Jersey |
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* New Mexico |
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* New York |
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* North Carolina |
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* Ohio |
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* Oklahoma |
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* Oregon |
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* Pennsylvania |
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* Rhode Island |
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* South Carolina |
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* Tennessee |
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* Texas |
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* Virginia |
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* Washington |
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{{div col end}} |
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== Awards and recognition == |
== Awards and recognition == |
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⚫ | |||
Some of the company's beers have been awarded gold and silver medals at various beer brewing competitions throughout the world.<ref name="ocr-2013jan21" /> |
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At the 2006 Great American Beer Festival, BJ's Big Fish IPA achieved a gold medal within the American-style Strong Pale Ale classification. Its design draws inspiration from the Piranha Pale Ale, which secured a silver medal in 2002. In a similar vein, BJ's Jeremiah Red earned a silver medal in the strong ales category during the same festival in 1996. The Belgian-style wheat beer from BJ's has been honored with a Gold Medal by the North American Beer Awards.<ref name="ocr-2013jan21" /> |
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==References== |
==References== |
Revision as of 19:41, 14 February 2024
| |
Formerly | BJ's Chicago Pizzeria |
Company type | Public |
Nasdaq: BJRI S&P 600 component | |
Industry | |
Genre | Casual dining |
Founded | 1978Santa Ana, California, US | , in
Founders |
|
Headquarters | , US |
Number of locations | 215 (2022) |
Area served | United States |
Key people | Greg Levin (CEO and president) |
Products | American food |
Services | Catering |
Revenue | US$1.195 billion (2021)[1] |
US$79.452 million (2021)[1] | |
US$52.882 million (2021)[1] | |
Total assets | US$1.059 billion (FY 2021)[1] |
Total equity | US$353.788 million (FY 2021)[1] |
Number of employees | 23,000 (2021) |
Website | www |
BJ's Restaurants, Inc. is an American restaurant chain, headquartered in Huntington Beach, California.[2][3] The chain operates under the names BJ's Restaurant & Brewery, BJ's Restaurant & Brewhouse, BJ's Grill, and BJ's Pizza & Grill.
History
BJ's was founded in 1978 and first opened in Santa Ana, California, as BJ's Chicago Pizzeria[4] by Jim Kozen and Leonard Allenstein.[5] The original name was BJ Grunts, but due to a Federal Trademark conflict with RJ Grunts, a Chicago-based hamburger shop, the name was changed.[6] Shortly after the opening of the first restaurant, Mike Phillips and Bill Cunningham bought 50% of the company for $14,000.[citation needed] Kozen and Allenstein left the group after the opening of the 7th store.[7][8] Phillips and Cunningham sold the company to their accountants Paul Motenko and Jerry Hennessy in 1991.[9][8]
By 1996, seven restaurants had opened between San Diego and Los Angeles.[citation needed] Originally known as Chicago Pizza, the company went public in 1996, raising $9.4 million.[10] The company then bought 26 Pietro's Pizza restaurants in March 1996 in a $2.8 million deal in cash and assumed debt, but then sold off seven of the locations with plans to convert the remaining Pietro's to what was then BJ's Pizza.[10] During the same year, the company opened a microbrewery at its Brea restaurant.[11]
Between 2010 and 2011, the National Retail Federation named it one of the 10 fastest-growing restaurants in the U.S. based on year-over-year sales.[12]
In 2013, BJ's produced a combined total of 60,000 barrels annually at their 11 brewery restaurants to serve their chain of 136 restaurants in 15 states.[13] In 2010, the company's BJ's Hefelightzen was awarded a gold medal at the Great American Beer Festival.[14] In 2021, Greg Levin was appointed to CEO.[15] As of December 2022[update], BJ's operated 215 restaurants in 29 states.[16]
Offerings
BJ's menu features pizza, beers, appetizers, entrees, pastas, sandwiches, salads, and desserts (including the signature Pizookie).[17] Some locations feature microbreweries that supply beer to other locations in the chain.[3]
Awards and recognition
At the 2006 Great American Beer Festival, BJ's Big Fish IPA achieved a gold medal within the American-style Strong Pale Ale classification. Its design draws inspiration from the Piranha Pale Ale, which secured a silver medal in 2002. In a similar vein, BJ's Jeremiah Red earned a silver medal in the strong ales category during the same festival in 1996. The Belgian-style wheat beer from BJ's has been honored with a Gold Medal by the North American Beer Awards.[11]
References
- ^ a b c d e "BJRI Financials". Nasdaq. January 30, 2021.
- ^ "Company Overview of BJ's Restaurants, Inc". Bloomberg. Retrieved January 4, 2019.
- ^ a b Hampson, Tim (2008). The Beer Book. London: Dorling Kindersley. p. 23. ISBN 978-1405333016.
- ^ Alvarado, Jocelyn (September 23, 2012). "Best of Orange County: BJ's Restaurant & Brewhouse". Orange County Register.
- ^ Alvarado, Jocelyn (September 23, 2012). "Best of Orange County: BJ's Restaurant & Brewhouse". Orange County Register.
- ^ "Casual Dining And Drinks At BJ's Brewery – SanctuaryBrewCo". Retrieved October 5, 2022.
- ^ Jacobson, Max (September 29, 1994). "Restaurants : BJ's Dishes Pizza That Pans Out". Los Angeles Times.
- ^ a b Chang, Andrea (May 5, 2010). "BJ's takes a bigger slice of casual-dining market: The Huntington Beach-based chain's vast menu and modest prices are helping it thrive after a tough few years for the restaurant industry". Los Angeles Times.
- ^ Luna, Nancy (December 22, 2008). "BJ's Restaurants co-founders leave pizza chain". Orange County Register.
- ^ a b Rose, Michael (November 17, 1996). "BJ's Pizza to revamp Pietro's with breweries, remodeling". Portland Business Journal. Retrieved March 15, 2013.
- ^ a b Bloom, Earl (January 21, 2013). "BJ's Restaurant and Brewhouse". Orange County Register.
- ^ Luna, Nancy (August 2, 2012). "BJ's pizza among 10 fastest-growing chains". The Orange County Register.
- ^ Morgan, Jason (August 16, 2013). "Brewpub Files: BJ's Restaurants crafts brand quality across its restaurants". Craft Brewing Business.
- ^ "BJ's Restaurants Wins Gold Medal at the Great American Beer Festival". NBC News. September 28, 2010.
- ^ "BJ's names Greg Levin to succeed Gregory Trojan as CEO". Nation's Restaurant News. July 6, 2021. Retrieved July 10, 2023.
- ^ "BJ'S Restaurants, Inc. news release". BJ's Restaurants, Inc. Retrieved November 30, 2022.
- ^ "BJ's Restaurants". Forbes. Retrieved April 8, 2020.