Texas Roadhouse: Q1 Earnings Snapshot

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Texas Roadhouse Inc. (TXRH) on Thursday reported first-quarter profit of $86.4 million.

On a per-share basis, the Louisville, Kentucky-based company said it had profit of $1.28.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The restaurant chain posted revenue of $1.17 billion in the period, which beat Street forecasts. Nine analysts surveyed by Zacks expected $1.15 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXRH at https://www.zacks.com/ap/TXRH

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

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