Earnings Call Excerpt
BJ's Restaurants, Inc. (BJRI)
Q3 2008 Earnings Call
October 23, 2008 at 4:30 pm ET
Executives
Jerry Deitchle - Chairman and CEO
Greg Levin - EVP and CFO
Greg Lynds - EVP and CDO
Analysts
Jeff Farmer- Jefferies & Co.
Bryann with Redbush Morgan
Lynne Collier Brad Ludington – KeyBanc Capital Markets
David Tarantino – Robert W. Baird & Co., Inc.
Sharon Zackfia –William Blair & Company, LLC
Anton Brenner – Roth Capital Partners LLC
Matthew Difrisco - Oppenheimer & Co.
Analyst for Destin Tompkins – Morgan, Keegan & Company, Inc.
Presentation
Welcome to the BJ's Restaurants Incorporated third quarter 2008 results conference call. (Operator Instructions)
I would now like to turn the conference over to our host, Mr. Jerry Deitchle, Chairman and Chief Executive Officer. Please go ahead.
Jerry Deitchle
Thanks, Operator, and hello, everybody. I am Jerry Deitchle with BJ's Restaurants and welcome to our quarterly investor conference call, which we are also broadcasting live over the Internet.
Joining me on the call today are Greg Levin, our Executive VP and Chief Financial Officer and Greg Lynds, our Executive VP and Chief Development Officer. Our agenda for the call for today will be as follows: first I will provide a brief business and operational overview for the third quarter and next Greg Lynds will comment on the status of our new restaurant development pipeline and then Greg Levin will comment on our consolidated income statement or summary balance sheet and our liquidity position as of the end of the third quarter. After that, we will be happy to answer your questions.
Diane Scott, our Director of Corporate Relations is out traveling on business today so Greg Levin has volunteered to provide our standard cautionary disclosure with respect to forward-looking statements. Greg, go ahead.
Greg Levin
Alright, thanks Gerry. I will remind everyone today that our comments on the conference call 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, October 23, 2008. 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. Jerry
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