BJ's Restaurants Inc at JPMorgan Gaming, Lodging, Restaurant & Leisure Forum Transcript
Welcome back, everyone. John Ivankoe, covering restaurants at JPMorgan. It's great to have an old friend with me today. Greg Levin is the Chief Financial Officer of BJ's Restaurants, owner and operator of a very interesting higher-end, bar and grill concept that really did set in a lot of different ways, standards for craft beer execution at scale. Certainly, again, welcome to the conference. We've had a lot of interesting conversations. One of my favorite was in 2009, and really we talked about the resilience of the industry overall and the opportunities that the industry would have even coming out of it at that point, what was a very difficult cycle. And so as we think about the industry in 2019, 10 years after the fact, we are experiencing, I think, 2 very different dynamics. One is what is challenging labor staffing and execution levels across the overall industry that's may be pressuring a lot of companies margins more than expectations, but also other channels that are opening up consumer usage quite
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