Texas Roadhouse reported a modest increase in net income and diluted earnings per share in the first quarter of 2025, driven by higher sales and share repurchases, despite facing challenges from commodity and labor inflation.
Total revenue increased by 9.6% to $1.448 billion compared to the prior year.
Diluted earnings per share increased by 1.0% to $1.70.
Comparable restaurant sales at company restaurants increased by 3.5%.
Eight company restaurants were opened during the quarter.
Management provided updated guidance for 2025 including commodity cost inflation and reiterated expectations for positive comparable restaurant sales growth, store week growth, wage and labor inflation, effective income tax rate, and total capital expenditures.