From CNBC: 2025-05-08 19:51:00

Texas Roadhouse reported a disappointing first quarter with inclement weather affecting comparable store sales. Revenue increased 9.6% year over year to $1.45 billion, exceeding estimates. Earnings per share increased 1% to $1.70, missing expectations. Despite challenges in the first quarter, early signs point to a stronger second quarter. Through the first five weeks of the second quarter, comparable sales at company restaurants increased 5% year over year, driven by 3.1% traffic growth and a 1.9% increase in pricing. The company raised its commodity cost inflation outlook to approximately 4% due to higher beef costs expected for the rest of the year and a 30-basis-point full-year impact from tariffs. Management reaffirmed most of its outlook for 2025.



Read more at CNBC:: Texas Roadhouse’s momentum in April blunts inflation risk nipping at its heels