Texas Roadhouse (TXRH) Tops Q2 EPS by 14c

Texas Roadhouse (NASDAQ: TXRH) reported Q2 EPS of $1.08, $0.14 better than the analyst estimate of $0.94. Revenue for the quarter came in at $898.9 million versus the consensus estimate of $855.56 million.

2021 Outlook

Management updated all expectations for 2021:

• Commodity cost inflation of approximately 7.0%;
• 26 to 29 company restaurant openings across all concepts;
• Store week growth of approximately 5.0%; and,
• Total capital expenditures of approximately $200 million.

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

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