Texas Roadhouse Inc.’s profit increased 1.1 percent in the April 1-ended quarter compared with the prior-year period, and earnings per share were flat.

“Positive comparable restaurant sales growth, including solid traffic growth, once again drove our top-line results, and we are pleased to see our sales momentum extend into the second quarter,” Kent Taylor, Texas Roadhouse’s chief executive, said in a statement.

In guidance, the Louisville, Ky.-based casual-dining company said same-store sales in its second quarter, which started April 2, increased about 1.6 percent compared with the prior-year period.

Texas Roadhouse operates more than 425 restaurants in 48 states and three foreign nations.
 

1Q NET INCOME

Result: $26.5 million, 37 cents per share
% Increase: 1.1% (from $26.2 million, or 37 cents per share)

1Q REVENUE

Result: $397.1 million
% Increase: 10.4% (from $359.7 million)

1Q SAME-STORE SALES

% Increase at company-owned units: 2.8%


% Increase at franchised units: 3.8%


Source: Company report



RELATED:
Texas Roadhouse 4Q net income rises 23%
Texas Roadhouse 3Q profit drops nearly 5%
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Contact Ron Ruggless at ronald.ruggless@penton.com.
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