NASDAQ$TXRH

Texas Roadhouse Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced fourth quarter 2019 results, including a comparable restaurant sales increase of 4.4% and a 20% increase in the quarterly dividend to $0.36 per share.

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.

  • Fourth quarter comparable restaurant sales grew 4.4% at company restaurants.
  • Marked the 40th consecutive quarter of comparable restaurant sales growth.
  • Increased quarterly cash dividend to $0.36 per share, a 20% increase.
  • Comparable restaurant sales growth of 6.4% for the first seven weeks of 2020.

Headline financials

Total Revenue

$725M

Previous: $606M+19.7%
EPS (adj)

$0.61

Previous: $0.42+45.2%
Comparable Sales Growth

4.4%

No prior period
Capital Expenditures

$69.4M

Previous: $45.1M+54.0%
Free Cash Flow

$62.9M

Previous: $82.2M-23.5%
Net Income

$42.7M

Previous: $30.3M+40.7%
Operating Income

$53.4M

Previous: $33.2M+60.8%
Gross Profit

$129M

Previous: $101M+27.9%
Cash & Equivalents

$108M

Previous: $210M-48.7%
Total Assets

$1.98B

Previous: $1.47B+35.0%
Stock-Based Comp

$10.5M

Previous: $9.16M+14.4%

Revenue & EPS history

Texas Roadhouse · Revenue · Quarterly

$725M

Q4 2019+19.7%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Management provided expectations for 2020, including at least 30 company restaurant openings.

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 Q4 2019

Historical avgQ4 2019

+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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