earnings
confidence high
sentiment positive
materiality 0.75
Texas Roadhouse Q4 revenue up 12.7% to $1.01B; EPS $0.89 (+17.4%); dividend raised 20% to $0.55
Texas Roadhouse, Inc.
2022-FY EPS reported
$3.97
revenue$4,014,919,000
- Diluted EPS of $0.89 vs $0.76 prior year; full-year EPS $3.97 (+13.5%) on revenue $4.01B (+15.9%).
- Q4 comparable restaurant sales +7.3% at company units and +7.2% at domestic franchise units.
- Board raised quarterly cash dividend 20% to $0.55 per share; payable March 24 to holders of record March 8.
- Completed acquisition of 8 franchise restaurants for ~$39M; guides 25-30 company openings in 2023.
- First 7 weeks of Q1 2023 comparable sales up 15.8%; plans ~2.2% menu price increase in late March.