News

Q1 '04 comp-sales jump 7.7% at Chicago Pizza & Brewery

April 11, 2004

HUNTINGTON BEACH, Calif.—Chicago Pizza & Brewery Inc. announced that comparable-restaurant sales for its BJ's restaurants increased approximately 7.7 percent for the three-month period ended March 28, 2004, versus 2.7 percent during the same period a year ago.

According to a news release, the increase in comp-store sales got a boost from two menu price increases in 2003: a 1.5 percent hike last May; and a 2 percent increase in November 2003.

Revenues for the 2004's first quarter increased 21.8 percent to approximately $29 million, versus $23.8 million during the period last year.

The chain opened one BJ's Brewhouse unit in Texas in January, increasing the company's unit numbers to 30.