Texas Roadhouse (TXRH) Reports In-Line Q4 EPS

Texas Roadhouse (NASDAQ: TXRH) reported Q4 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $404.43 million versus the consensus estimate of $399.63 million.

Comparable restaurant sales increased 7.0% at company restaurants and 5.7% at franchise restaurants on a comparable 13-week basis.

2015 Outlook

The Company reported that comparable restaurant sales at company restaurants for the first seven weeks of fiscal 2015 increased approximately 12% compared to the prior year period.

Management reiterated the following expectations for 2015:

• Positive comparable restaurant sales growth; and
• 25 to 30 company restaurant openings, including as many as five Bubba's 33 restaurants.

Management updated the following expectations for 2015:

• Food cost inflation of 3% to 4%;
• An income tax rate of approximately 30.0% to 31.0% depending on the reinstatement of certain federal tax credits; and
• Total capital expenditures of $135 million to $145 million.

For earnings history and earnings-related data on Texas Roadhouse (TXRH) click here.

You May Also Be Interested In

• Cerebras CEO says investors misunderstood margin guidance
• FDA approves Pfizer's Ibrance for HR+, HER2+ metastatic breast cancer
• Korn Ferry (KFY) Tops Q4 EPS by 2c, Beats on Revenue; Offers Q1 Guidance