Texas Roadhouse, Inc. Announces Fourth Quarter 2020 Results and Provides Business Update
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Texas Roadhouse (TXRH) Misses Q4 EPS by 21c, Revenues Miss
February 18, 2021 4:03 PM ESTTexas Roadhouse (NASDAQ: TXRH) reported Q4 EPS of $0.28, $0.21 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $637.99 million versus the consensus estimate of $679 million.
Results for the fourth quarter included the following:
Total revenue was negatively impacted by lapping the $59.5 million benefit of the 14th week in 2019, which represented 7.9% of the decrease in total revenue for the quarter. Diluted earnings per share in the prior year quarter benefitted by $0.10 to... More