Chicago Pizza & Brewery Inc. hires CFO, expects '01 EPS of 30 cents

 
March 19, 2002

HUNTINGTON BEACH, Calif. -- Chicago Pizza & Brewery Inc. announced Jan. 31 that C. Douglas Mitchell has joined the company as its chief financial officer. Mitchell restaurant accounting and finance experience includes seven years with Del Taco Inc. and more than 10 years with PricewaterhouseCoopers.

The company also announced that it expects that estimated basic earnings per share for 2001 will be in the low 30-cents-per-share range, based upon a weighted average number of approximately 9.5 million shares outstanding.

A preliminary tally of company revenues for 2001 totaled approximately $65 million, a 23 higher than in 2000. The company expects to announce its full results for the year by early March 2002.

Chicago Pizza & Brewery operates 27 casual dining restaurants, some of which incorporate microbreweries. Sixteen of the BJ's restaurants are located in Southern California, one in Boulder, Colo., four in Oregon and one in Chandler. In addition, the company operates five Pietro's restaurants in Oregon and has a BJ's licensing agreement with a restaurant in Lahaina, Maui.


Topics: Public Companies


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