LOS ANGELES, Oct. 24, 2007 (PRIME NEWSWIRE) -- Grill Concepts, Inc. (Nasdaq:GRIL) today reported strong same-store sales increases at the company's The Grill on the Alley and Daily Grill-branded restaurants for its fiscal third quarter ended September 30, 2007.
The Grill on the Alley restaurants recorded 15.7 percent increases in comparable sales for its fiscal 2007 third quarter, and the Daily Grill restaurants posted same-store sales gains of 5.1 percent. The company's consolidated preliminary same-store sales were 9.1 percent for the three months ended September 30, 2007.
The company also announced that Chief Executive Officer Philip Gay and Chief Financial Officer Wayne Lipschitz will present a company overview at the 5th Annual Oppenheimer Restaurant Conference and Tour at The Wynn Hotel in Las Vegas, on Thursday, November 1, 2007 at 8:30 a.m. PDT.
The presentation will be available to all interested parties through a live webcast at www.dailygrill.com or at http://www.wsw.com/webcast/opp4/gril/. Listeners are encouraged to visit either web site at least 15 minutes prior to the start of the scheduled presentation to register, download and install any necessary audio software. For those unable to listen to the live webcast, the presentation will be archived on the web sites for 90 days.
About Grill Concepts, Inc.
Grill Concepts owns, manages and licenses upscale casual and fine dining, full service restaurants under two core brand names: The Grill on the Alley and Daily Grill. The company operates 27 restaurants including five The Grill on the Alley-branded restaurants in Beverly Hills, Hollywood, San Jose, California; Chicago, Illinois; and Dallas, Texas as well as 22 Daily Grill restaurants in Southern and Northern California; the Washington, D.C. metropolitan region; Houston and Austin, Texas; Portland, Oregon; Memphis, Tennessee; and Seattle, Washington.