Bj's Restaurants, Inc. · NASDAQ:BJRI
Bj's Restaurants — Shareholder Meeting (June 2024)
11 slides from Bj's Restaurants's shareholder meeting presentation, Jun 18, 2024
Slide 1: Presentation to Shareholders
W RESTAURANT BREWHOUSE Presentation to Shareholders June 2024
Slide 2: Forward-looking statements
Certain statements in the preceding paragraphs and all other statements that are not purely historical constitute “forward-looking” statements for purposes of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created th
Slide 3: BJ's At A Glance
BJ's - N : At A Gla nce = 217 restaurants in 31 states & + Large-format restaurants (7,000+ sq. ft.), og Z with new slightly smaller format launching in 2024 4 + Potential for 425+ restaurants Our restaurants feature: * Contemporary, high quality, “polished casua positioning in lively, high-energy e
Slide 4: Clear Vision and Strategy to Drive Sales
Clear Vision and Strategy to Drive Sales BJ’s is About the Total Experience What Sets BJ’s Apart Food & Beverage People Ambiance + Familiar Transformed to Brewhouse Fabulous * Craft Beer and Cocktails Where Cheers is Always on Tap + Gracious Hospitality You Can't Experience Elsewhere + Best-in-Class
Slide 5: Food & Beverage: Familiar Items Made Brewhouse Fabulous
Food & Beverage: Familiar Items Made Brewhouse Fabulous i is
Slide 6: People: Extraordinary Hospitality You Can't Experience Elsewhere
People: Extraordinary Hospitality You Can’t Experience Elsewhere Gold Standard Gracious Hospitality 4 on ur — CONNECTION RESPECT ADVANCEMENT FUN TRUST “We are committed to connecting with every guest, on every visit, through flawless execution of every detail during every shift” 1. A warm and sincer
Slide 7: Ambiance: Higher Quality, Relevant, Energetic Yet Casual
Ambiance: Higher Quality, Relevant, Energetic Yet Casual Best Bar Statement Brewhouse Theatre Elevated Design
Slide 8: New Restaurant Growth Drivers
New Restaurant Growth Drivers Restaurant Profitability Build Costs Cash-on-Cash Returns + $1M+ RLCF * New building reduced by $1M + High-teen’s to 20%+ ROI + Mid-/high-teen’s RLCF margins * More savings for 2025+ + Exceeding cost of capital + Higher than system avg. + Lower cost = better returns
Slide 9: Tremendous Runway to Continue Expansion
Tremendous Runway to Continue Expansion Restaurant potential 4 5 & Growth journey 1,531 only beginning 4,221 1,291 917 693 572 647 494 214 215 217 229 PR Gua® — GFecake W NN dufaacK One Ss Mrevees Y d y ; Note:U.S. restaurant counts based on publicly available information
Slide 10: Legacy of Taking Market Share and New Restaurant Growth
Legacy of Taking Market Share and New Restaurant Growth Sales Leader Restaurant Builder @|| Pre-Covid 8 || (2015-2019) oO Te} o G Q E Post-Covid O || (Since 2021) S| | Year to Dat g ear to Date For the five years before Covid, 2 -202 BJ's beat the industry ONCACR. 208 217 18 out of 20 quarters . 4 1
Slide 11: Reinvest & Return
Reinvest & Return Tremendous . | Opportunity . Cc Increase Expand to Unlock } L EBITDA [| Margins Shareholder | / : ‘“ oS Value aK)