Texas Roadhouse Inc. reported on Monday that net income in its June 25-ended second quarter slipped 1.7 percent while earnings per share remained flat and same-store sales rose. The Louisville, Ky.-based company said restaurant margins as a percentage of sales decreased 47 basis points, to 18.6 percent, primarily because of higher commodity costs.
 

NET INCOME

Result: $19.96 million, or 28 cents per share
% Decrease: 1.7% (from $20.31 million, or 28 cents per share)

REVENUE

Result: $352.1 million
% Increase: 9.9% (from $320.3 million)

SAME-STORE SALES

% Increase: 4.5% at company restaurants; 5.3% at franchise restaurants

Source: Company report



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Contact Ron Ruggless at ronald.ruggless@penton.com.
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