secwatch.observer — SEC 8-K summary
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Issuer:     Texas Roadhouse, Inc. (TXRH)
CIK:        0001289460
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056438
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Roadhouse Q1 revenue up 23% to $987.5M, EPS $1.08 vs $0.91 YoY
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- Comparable restaurant sales rose 16.0% at company restaurants; average weekly sales $132,263.
- Restaurant margin fell 213 bps to 16.4% due to 17% commodity inflation, partly offset by sales growth.
- Company repurchased 1.06M shares for $84.7M; new $300M buyback program authorized.
- Acquired 7 franchise restaurants in SC and GA for $26.4M; opened 3 company units in Q1.
- FY2022 outlook: ~25 new restaurants, commodity inflation 12-14%, wage inflation ~7%, capex ~$230M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289460/000110465922056438/0001104659-22-056438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289460/000110465922056438/tm2214549d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056438

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