Chuy's Holdings (CHUY) Tops Q3 EPS by 19c
Chuy's Holdings (NASDAQ: CHUY) reported Q3 EPS of $0.31, $0.19 better than the analyst estimate of $0.12. Revenue for the quarter came in at $82 million versus the consensus estimate of $79.02 million.
Steve Hislop, President and Chief Executive Officer of Chuy’s Holdings, Inc. stated, “Our third quarter results are a direct testament to the hard work and dedication of our entire team as we continue to navigate this challenging environment. They also reflect the continued recovery of our business as we delivered sequential comparable restaurant sales improvement during each month of the quarter. Moreover, we successfully grew net income, restaurant level operating profit and margin on lower sales compared to last year, as we made great strides in enhancing our operational efficiency. With ample liquidity and strong financial footing, positive sales trajectory, relentless dedication from each and every one of our team members, and the strength of our concept, we believe we are well equipped to weather the ever-changing market conditions and ready to capitalize on our improved business operations during and once the pandemic subsides.”
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