Texas Roadhouse delivered a strong fourth quarter, with total revenue increasing 23.5% year-over-year. Comparable restaurant sales grew at both company and franchise locations. Higher restaurant margins contributed to a 60.1% increase in diluted EPS, though higher expenses offset some of the gains. The company also opened nine new company-owned restaurants and five franchise locations.
Texas Roadhouse, Inc. announced financial results for the third quarter of 2024, with total revenue increasing by 13.5% to $1,272.999 million and diluted earnings per share rising by 32.5% to $1.26. The company experienced comparable restaurant sales growth at both company and franchise restaurants, contributing to a higher restaurant margin. Looking ahead to 2025, the company plans to acquire 13 domestic franchise restaurants.
Texas Roadhouse, Inc. announced financial results for the second quarter of 2024, showing a 14.5% increase in total revenue to $1,341.2 million and a 46.0% increase in net income to $120.1 million compared to the same period last year. Diluted earnings per share increased by 46.4% to $1.79. The company benefited from strong comparable restaurant sales growth and improved restaurant margin.
Texas Roadhouse, Inc. announced financial results for the first quarter of 2024, which ended on March 26, 2024. The company reported a 12.5% increase in total revenue compared to the same period in the prior year. Comparable restaurant sales increased by 8.4% at company restaurants and 7.7% at domestic franchise restaurants. Diluted earnings per share increased by 31.4%.
Texas Roadhouse, Inc. announced financial results for the fourth quarter of 2023, which ended on December 26, 2023. Total revenue increased by 15.3% to $1,164.4 million, and diluted earnings per share increased by 21.3% to $1.08. Comparable restaurant sales increased by 9.9% at company restaurants and 8.9% at domestic franchise restaurants.
Texas Roadhouse, Inc. reported a strong third quarter with double-digit sales growth driven by increased guest counts. The company is on track to open a record number of systemwide locations this year and has accelerated its 2024 development pipeline.
Texas Roadhouse reported strong second-quarter results driven by significant sales momentum and increased guest counts, which helped offset rising costs and grow the bottom line. The company is focused on expanding with company and franchise locations, including the first franchise location for Jaggers.
Texas Roadhouse reported strong first-quarter results, driven by record traffic and sales. The company also repaid the remainder of its debt and acquired eight domestic franchise restaurants. Comparable restaurant sales at company restaurants for the first five weeks of our second quarter of fiscal 2023 increased 8.6% compared to 2022. In addition, the Company implemented a menu price increase of approximately 2.2% in late March.
Texas Roadhouse announced financial results for the fourth quarter of 2022, which ended on December 27, 2022. The company reported a record year in 2022, with revenue exceeding $4 billion and experiencing double-digit bottom line growth despite significant cost pressures. The company is planning to open a record number of systemwide locations across all of its brands in 2023.
Texas Roadhouse reported a profitable third quarter, driven by a focus on guest experience and value proposition amidst inflationary pressures. The company plans to expand with systemwide store growth across all three brands and franchise acquisitions.
Texas Roadhouse reported solid revenue growth driven by strong sales volumes at new restaurants. The company is focused on balancing value for guests with menu pricing to offset rising costs. They opened 10 new restaurants and have 15 under construction. They also repurchased a significant number of shares.
Texas Roadhouse reported strong sales levels due to the hard work of its operators, despite higher costs impacting the bottom line. The company remains focused on delivering legendary food and service. They completed the acquisition of seven franchise restaurants and repurchased over one million shares of common stock, demonstrating commitment to shareholders.
Texas Roadhouse announced strong Q4 2021 results, driven by the hard work and commitment of its operators. The company is well-positioned to continue growing sales, build new restaurants, and handle the current inflationary environment.
Texas Roadhouse reported strong demand for its brands in Q3 2021, with operators providing a legendary experience to a historic number of guests. The company is managing challenges including higher food costs, supply chain shortages, and a tight labor market. Strong cash flow allowed the company to resume share repurchases, continue dividend payments, open new restaurants, and grow the development pipeline.
Texas Roadhouse announced financial results for the second quarter of 2021, showing sales well above pre-pandemic levels. The company reinstated its dividend and repaid short-term debt due to strong cashflows. All domestic company and franchise locations were operating without restriction as of July 2.
Texas Roadhouse reported strong operating results exceeding pre-pandemic levels, driven by eased dining room restrictions, guest enthusiasm, and To-Go sales strength. The company's financial position has strengthened, leading to the reinstatement of the quarterly dividend.
Texas Roadhouse faced challenges in Q4 2020 due to the COVID-19 pandemic, with comparable restaurant sales impacted by dining room closures. However, the company adapted by enhancing To-Go options and managing capacity restrictions. The cash position increased by approximately $34.5 million and the company acquired two franchise locations for $10.6 million.
Texas Roadhouse announced its third quarter results, noting the positive impact of easing dining room capacity restrictions and strong To-Go sales. The company expects to open at least 20 company restaurants in 2020 and is launching the Texas Roadhouse Butcher Shop online platform.
Texas Roadhouse reported its financial results for the second quarter of 2020, which were impacted by the COVID-19 pandemic and the re-opening of dining rooms. Comparable restaurant sales were affected by capacity restrictions. The company's cash position increased due to working capital inflows and improved sales.
Texas Roadhouse faced challenges in Q1 2020 due to the COVID-19 pandemic, transitioning to a To-Go operating model. The company focused on supporting its employees and adapting its business strategy, while also monitoring plans to re-open dining rooms with limited capacity.
Texas Roadhouse reported strong Q4 2019 results, featuring double-digit revenue growth and improved restaurant margins. Comparable restaurant sales grew by 4.4%, marking the 40th consecutive quarter of growth. The company also increased its quarterly cash dividend by 20% to $0.36 per share.