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LOUISVILLE - Texas Roadhouse Inc. (NASDAQ:TXRH) reported mixed first quarter results on Wednesday, with earnings missing estimates but revenue in line with expectations.
The casual dining restaurant chain posted adjusted earnings per share of $1.70 for the quarter ended April 1, 2025, falling short of the $1.80 analyst consensus. Revenue came in at $1.45 billion, matching Wall Street forecasts.
Comparable restaurant sales at company-owned locations increased 3.5% year-over-year. Total (EPA:TTEF) revenue rose 9.6% compared to the same period last year.
"We are pleased to report that our operators successfully navigated us through a number of challenges this quarter and once again delivered traffic growth across all three of our brands," said CEO Jerry Morgan.
For the first five weeks of Q2, comparable sales were up 5% versus 2024. The company also implemented a 1.4% menu price increase in early April.
Texas Roadhouse reiterated its full-year 2025 outlook, expecting positive comparable sales growth and approximately 5% store week growth. It updated its commodity cost inflation forecast to around 4% for the year.
The company opened 8 new restaurants during Q1 and acquired 14 franchise locations. It ended the quarter with 792 total restaurants across its concepts.
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