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%.
Comparable restaurant sales increased 8.4% at company restaurants and 7.7% at domestic franchise restaurants.
Average weekly sales at company restaurants were $159,378, including $20,815 in to-go sales.
Restaurant margin dollars increased 23.0% to $228.4 million.
Nine company restaurants and three franchise restaurants were opened.
Texas Roadhouse provided updated expectations for 2024.
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