Texas Roadhouse (NASDAQ: TXRH) reported Q1 EPS of $1.70, $0.10 worse than the analyst estimate of $1.80. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.45 billion.

2025 Outlook

Comparable restaurant sales at company restaurants for the first five weeks of our second quarter of fiscal 2025 increased 5.0% compared to 2024. In addition, the Company implemented a menu price increase of approximately 1.4% in early April.

Management updated the following expectation for 2025:

Commodity cost inflation of approximately 4%, including the estimated impact of tariffs.

Management reiterated the following expectations for 2025:

Positive comparable restaurant sales growth, including the benefit of menu pricing actions;
Store week growth of approximately 5%;
Wage and other labor inflation of 4% to 5%;
An effective income tax rate of 15% to 16%; and
Total capital expenditures of approximately $400 million.

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