Texas Roadhouse, Inc. (TXRH) Tops Q4 EPS by 2c, Offers Outlook
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Price: $23.76 -0.59%
Revenue Growth %: +10.7%
Financial Fact:
Depreciation and amortization: 12.21M
Today's EPS Names:
ANF, DXLG, FL, More
Revenue Growth %: +10.7%
Financial Fact:
Depreciation and amortization: 12.21M
Today's EPS Names:
ANF, DXLG, FL, More
Trade TXRH Now!
Texas Roadhouse, Inc. (NASDAQ: TXRH) reported Q4 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $309.53 million versus the consensus estimate of $309.07 million.
2013 Outlook
The Company reported that comparable restaurant sales at company restaurants for the first 55 days of its fiscal 2013 increased approximately 2.2% compared to the prior year period. Additionally, the Company announced that it implemented a menu price increase of approximately 2.0% across its restaurants in December 2012.
Management is providing the following expectations for 2013:
Positive comparable restaurant sales growth;
Approximately 28 company restaurant openings;
Food cost inflation of 6.0% to 7.0%;
An income tax rate of approximately 31.0%, which is lower than the prior year rate
of 32.8% primarily as a result of the reinstatement of certain federal tax credits at the beginning of 2013; and
Total capital expenditures of $100.0 to $105.0 million.
For earnings history and earnings-related data on Texas Roadhouse, Inc. (TXRH) click here.
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2013 Outlook
The Company reported that comparable restaurant sales at company restaurants for the first 55 days of its fiscal 2013 increased approximately 2.2% compared to the prior year period. Additionally, the Company announced that it implemented a menu price increase of approximately 2.0% across its restaurants in December 2012.
Management is providing the following expectations for 2013:
Positive comparable restaurant sales growth;
Approximately 28 company restaurant openings;
Food cost inflation of 6.0% to 7.0%;
An income tax rate of approximately 31.0%, which is lower than the prior year rate
of 32.8% primarily as a result of the reinstatement of certain federal tax credits at the beginning of 2013; and
Total capital expenditures of $100.0 to $105.0 million.
For earnings history and earnings-related data on Texas Roadhouse, Inc. (TXRH) click here.
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