Texas Roadhouse Q3 EPS $0.95, revenue $1.12B; comp sales up 8.2%; updates 2023 and 2024 outlook

Texas Roadhouse, Inc.

2023-Q3 EPS reported $3.46 revenue$3,467,311,000

Q3 revenue $1.12B (+12.9% YoY); diluted EPS $0.95 (+2.6% YoY).
Company comparable restaurant sales +8.2%; franchise +7.8%.
Restaurant margin $162.8M (+7.1%); margin % 14.6% (down 80 bps) on inflation.
2023 outlook: up to 27 company openings; capex ~$340M; effective tax rate ~13%.
2024 outlook: store week growth ~8% (incl 53rd wk); commodity inflation 5-6%; wage inflation 4-5%; capex $340-350M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Texas Roadhouse, Inc. updated its 13 and 39 weeks ended September 26, 2023 guidance (reaffirmed).

Period: 13 and 39 weeks ended September 26, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Texas Roadhouse, Inc. Announces Third Quarter 2023 Results

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

Texas Roadhouse, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-016853

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