BJRI - BJ's Restaurants Inc. (BJRI) Q4 2023 Earnings Call Transcript
2024-02-15 22:53:10 ET
BJ's Restaurants, Inc. (BJRI)
Q4 2023 Earnings Conference Call
February 15, 2024, 17:00 ET
Company Participants
Rana Schirmer - Director, SEC External Reporting
Greg Levin - CEO
Thomas Houdek - CFO, SVP
Conference Call Participants
Tyler Prause - Stephens, Inc.
Alex Slagle - Jefferies
Aisling Grueninger - Piper Sandler & Co.
Brian Bittner - Oppenheimer
Nick Setyan - Wedbush Securities
Todd Brooks - The Benchmark Company
Sharon Zackfia - William Blair & Company
Presentation
Operator
Good afternoon and welcome to the BJ's Restaurants fourth-quarter 2023 earnings release conference call. [Operator Instructions].
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 2023 fourth-quarter investor conference call and webcast. After the market closed today, we released our financial results for our fiscal 2023 fourth 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 that 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 those 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 from 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. BJ's delivered another quarter of positive comparable restaurant sales and year-over-year margin expansion, as we continue to benefit from the strategies we shared at our Investor Day in November. These strategies are focused on driving sales through our familiar-made brewhouse fabulous culinary initiative, our people initiative around hospitality and gold standard level of operational excellence, and a welcoming contemporary ambiance to our remodel initiative. Our overall strategy also encompasses margin expansion through productivity and cost savings initiatives....
BJ's Restaurants, Inc. (BJRI) Q4 2023 Earnings Call Transcript