Record-Breaking Revenue
Revenue for the quarter grew to over $1.5 billion for the first time in the company's history, driven by a 5.8% increase in same-store sales.
Strong Brand Performance
All three brands contributed to traffic and sales growth. Texas Roadhouse averaged $172,000 in weekly sales, Bubba's 33 exceeded $128,000, and Jaggers delivered nearly $76,000 in weekly sales.
Strategic Expansion
The company opened its 800th system-wide restaurant and plans to open approximately 30 company-owned restaurants this year, including international Texas Roadhouse restaurants.
Positive Earnings Growth
Reported a restaurant margin dollar increase of 6.1% to $257 million and a diluted earnings per share increase of 4% to $1.86.
Acquisition and Infrastructure Investment
Completed the acquisition of three franchise restaurants and entered into an agreement to purchase their support center buildings, reflecting long-term commitment to Louisville.