Chuy's Holdings (CHUY) Tops Q2 EPS by 16c

Chuy's Holdings (NASDAQ: CHUY) reported Q2 EPS of $0.62, $0.16 better than the analyst estimate of $0.46. Revenue for the quarter came in at $108.2 million versus the consensus estimate of $103.73 million.

2021 Outlook:

Due to the ongoing uncertainty around the magnitude and duration of the COVID-19 pandemic, the Company is not in a position to provide full fiscal 2021 financial guidance, except the Company anticipates:

• The opening of four new restaurants vs. four to six new restaurants.
• Net capital expenditures (net of tenant improvement allowances) to be approximately $15 to $17 million vs. approximately $15 to $25 million.
• Restaurant pre-opening expenses to be approximately $2 to $3 million.
• An effective quarterly tax rate of approximately 16% to 18% for the remaining two quarters of fiscal year 2021.

For earnings history and earnings-related data on Chuy's Holdings (CHUY) click here.

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