Sponsored By

Texas Roadhouse: 2Q sales rise, profit fallsTexas Roadhouse: 2Q sales rise, profit falls

Higher commodity costs cause margins to narrow

Ron Ruggless, Senior Editor

July 29, 2013

1 Min Read
Nation's Restaurant News logo in a gray background | Nation's Restaurant News

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



RELATED:
Texas Roadhouse 1Q profit rises 39%
Texas Roadhouse: Beef costs to remain a concern
• Same-store sales at NRN.com

Contact Ron Ruggless at [email protected].
Follow him on Twitter: @RonRuggless

About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

Subscribe Nation's Restaurant News Newsletters
Get the latest breaking news in the industry, analysis, research, recipes, consumer trends, the latest products and more.