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Jun 28, 2022
Texas Roadhouse Q2 2022 Earnings Report
Announced second quarter 2022 results, highlighting solid revenue growth and strategic development initiatives.
Key Takeaways
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.
Solid revenue growth driven by strong sales volumes at new restaurants.
Focused on balancing value for guests with menu pricing to offset rising costs.
Opened 10 new Texas Roadhouse and Bubba’s 33 restaurants and have another 15 under construction.
Took advantage of market conditions to repurchase a significant number of shares.
Forward Guidance
Comparable restaurant sales at company restaurants for the first four weeks of the third quarter of fiscal 2022 increased 3.9% compared to the prior year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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