Texas Roadhouse Reports 60% EPS Surge, Revenue Hits $1.44B

Texas Roadhouse reported robust financial results for Q4 2024, with a revenue increase of 23.5% year-over-year, reaching $1.44 billion, surpassing analysts' expectations. The company's earnings per share (EPS) also exceeded forecasts, rising to $1.73, driven by effective operational management and strategic restaurant openings. Comparable sales grew 7.7% at company locations, while domestic franchise restaurants saw a 6.3% increase. CEO Jerry Morgan highlighted the success as a testament to their operational team and gratitude towards their loyal customer base. The company's expansion strategy included opening 31 company-run and 14 franchise locations, contributing to its sustained growth amidst inflation challenges. Texas Roadhouse's operating margin increased to 9.6%, reflecting improved efficiency and management practices.