earnings
confidence high
sentiment positive
materiality 0.85
Texas Roadhouse Q4 EPS $1.08 beats; dividend raised 11% to $0.61/share
Texas Roadhouse, Inc.
2023-FY EPS reported
$4.54
revenue$4,631,672,000
- Q4 total revenue $1.16B (+15.3% YoY); diluted EPS $1.08 (+21.3% YoY).
- Comparable restaurant sales +9.9% at company restaurants; +8.9% at domestic franchise.
- Quarterly dividend increased 11% to $0.61/share, payable March 26 to holders of record March 13.
- Full-year 2024 outlook: commodity inflation ~5%, wage inflation 4-5%, capex $340-350M.
- Q1 2024 to-date comparable sales +6.8%; planned menu price increase ~2.2% in late March.