BJ's Restaurants Inc at Oppenheimer Consumer Growth and E-Commerce Conference (Virtual) Transcript

Jun 15, 2021 / 06:05PM GMT
Brian Bitner - Oppenheimer & Co. Inc. - Managing Director & Senior Analyst

Good afternoon, everybody, and, again, thank you for attending our consumer conference. We hope you're having a great day. We're really, really excited to have BJ's Restaurants with us this afternoon. BJ's is an outperform-rated stock at Oppenheimer. We currently have a $74 price target. The Company is a national brand with brewhouse roots. It has more than 200 restaurants in 29 states and we see a long-term opportunity to at least double the footprint to 425 units as the national expansion strategy continues to unfold.

We also believe the management team and the brand have well positioned the financial model and attractively positioned the Company as economies fully reopen, and we are bullish on the prospects for shareholder returns to outperform moving forward. With us today from the Company, we have Greg Trojan, CEO; and we have Greg Levin, who is also President and CFO. And thank you gentlemen for joining us today. We really appreciate your attendance at our conference.

Greg Levin -

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