Texas Roadhouse Q1 EPS $1.69 vs $1.28, revenue up 12.5% to $1.32B, comp sales +8.4%

Texas Roadhouse, Inc.

2024-Q1 EPS reported $1.69 revenue$1,321,217,000

Diluted EPS $1.69, up 31.4% YoY; net income $113.2M, up 31.0%.
Total revenue $1.321B, +12.5% YoY; company comp sales +8.4%, franchise +7.7%.
Restaurant margin dollars up 23.0% to $228.4M; margin rate 17.4% vs 15.9%.
Opened 9 company and 3 franchise restaurants in Q1; Q2 first 5 weeks comp sales +9.3%.
2024 guidance: commodity inflation ~3% (updated); labor 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 0.95

Texas Roadhouse, Inc. reported 13 weeks ended March 26, 2024 results: revenue $1,321,217, net income $113,206, EPS $1.69.

Period: 13 weeks ended March 26, 2024
Revenue: $1,321,217
Net income: $113,206
EPS: $1.69
Result: reported results

Exact text from the filing

Texas Roadhouse, Inc. Announces First Quarter 2024 Results LOUISVILLE, KY. (May 2, 2024) – Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 weeks ended March 26, 2024. Financial Results Financial results for the 13 weeks ended March 26, 2024 and March 28, 2023 were as follows: 13 Weeks Ended ($000's, except per share amounts) March 26, 2024 March 28, 2023 % change Total revenue $ 1,321,217 $ 1,174,356 12.5% Income from operations 133,128 100,945 31.9% Net income 113,206 86,387 31.0% Diluted earnings per share $ 1.69 $ 1.28 31.4%

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Source: SEC EDGAR

accession 0001558370-24-006538

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