NASDAQ$TXRH

Texas Roadhouse Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced second quarter 2022 results, highlighting solid revenue growth and strategic development initiatives.

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.

Headline financials

Total Revenue

$1.02B

Previous: $899M+14.0%
EPS (adj)

$1.07

Previous: $1.08-0.9%
Comparable Sales Growth

3.9%

No prior period
Capital Expenditures

-$59.5M

Previous: -$85.1M+30.0%
Free Cash Flow

$12.9M

Previous: -$9.59M+234.3%
Net Income

$72.4M

Previous: $75.5M-4.1%
Operating Income

$85.9M

Previous: $89.7M-4.2%
Gross Profit

-$849M

Previous: -$288M-194.8%
Cash & Equivalents

$180M

Previous: $483M-62.7%
Total Assets

$2.32B

Previous: $2.45B-5.2%
Stock-Based Comp

$9.49M

Previous: $9.91M-4.2%

Revenue & EPS history

Texas Roadhouse · Revenue · Quarterly

$1.02B

Q2 2022+14%vs Q2 2021
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.9%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+1.6%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+21.2%

Q3 2019

Best reaction

-13.1%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+12.2%+13.4%+7.8%
Q4 2025-2.0%-0.4%-6.4%
Q3 2025+2.9%+4.3%+3.4%
Q1 2025+4.8%+9.6%+13.1%
Q4 2024-1.4%+2.4%-1.0%
Q3 2024+4.7%+7.9%+8.9%
Q2 2024+2.4%+5.1%+1.9%
Q1 2024+4.2%+5.7%+9.9%
Q4 2023+11.6%+11.2%+15.0%
Q3 2023+1.3%+5.3%+16.8%
Q2 2023-2.9%-2.1%-7.5%
Q1 2023-3.9%-4.5%-1.0%
Q4 2022+0.0%+0.2%+1.0%
Q3 2022+1.5%+1.8%+2.0%
Q2 2022+2.4%+2.0%+6.1%
Q1 2022+3.0%-2.3%-1.6%
Q4 2021-1.6%+4.3%-6.6%
Q3 2021+0.4%-0.8%-3.4%
Q2 2021-6.7%-10.2%-3.3%
Q1 2021+6.2%+6.1%-0.1%
Q4 2020+3.3%+6.1%+12.5%
Q3 2020+3.2%-0.0%+8.3%
Q2 2020+6.2%+7.6%+14.9%
Q1 2020-2.7%+6.1%+29.2%
Q4 2019+10.0%+1.8%-44.8%
Q3 2019+21.2%+16.3%+16.7%
Q2 2019+0.7%+1.8%-8.6%
Q1 2019-10.9%-9.7%-14.2%
Q4 2018-4.3%-4.5%-7.0%
Q3 2018-6.9%-7.5%-0.1%
Q2 2018-7.4%-6.7%-1.4%
Q1 2018-1.0%-1.7%-2.1%
Q4 2017-2.3%-1.2%-0.3%
Q3 2017-2.3%-5.0%-0.1%
Q2 2017+3.4%+1.4%-1.8%
Q1 2017+9.4%+7.5%+4.4%
Q4 2016-13.1%-12.5%-9.8%
Q3 2016-2.5%-4.3%+17.8%
Q2 2016-11.5%-5.6%-6.2%
Q1 2016+7.2%
Q4 2015+13.3%
Q3 2015+4.8%
Q2 2015-1.4%
Q1 2015+3.3%
Q4 2014+3.9%
Q3 2014+7.2%
Q2 2014-0.4%
Q1 2014-3.0%
Q4 2013+0.1%
Q3 2013-0.9%
Q2 2013-0.6%
Q1 2013+11.6%
Q4 2012+8.9%
Q3 2012+5.4%
Q2 2012-3.9%
Q1 2012-4.1%
Q4 2009-2.4%
Q4 2011-2.4%
Q3 2010+1.0%
Q3 2011+1.0%
Q2 2010-9.6%
Q2 2011-9.6%
Q1 2010-0.6%
Q4 2010-0.6%
Q1 2011-0.6%

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