February 20, 2018 / 9:06 PM / 3 months ago

BRIEF-Texas Roadhouse Announces Fourth Quarter 2017 Results

Feb 20 (Reuters) - Texas Roadhouse Inc:

* TEXAS ROADHOUSE INC ANNOUNCES FOURTH QUARTER 2017 RESULTS

* QTRLY TOTAL REVENUE $545.1 MILLION VERSUS $484.7 MILLION

* QTRLY COMPARABLE RESTAURANT SALES INCREASED 5.8 PCT AT COMPANY RESTAURANTS

* ‍ ARE ON TRACK TO OPEN APPROXIMATELY 30 COMPANY RESTAURANTS FOR 2018​

* SEES ‍ POSITIVE COMPARABLE RESTAURANT SALES GROWTH FOR 2018​

* TEXAS ROADHOUSE - PRE-TAX CHARGE OF $14.9 MILLION, OR $0.13 PER DILUTED SHARE, WAS RECORDED IN Q1 2017, RELATED TO SETTLEMENT OF A LEGAL MATTER

* SEES 2018 TOTAL CAPITAL EXPENDITURES OF APPROXIMATELY $165.0 MILLION TO $175.0 MILLION

* Q4 EARNINGS PER SHARE VIEW $0.37, REVENUE VIEW $545.1 MILLION — THOMSON REUTERS I/B/E/S

* SEES RELATIVELY FLAT FOOD COSTS; AND MID-SINGLE DIGIT LABOR INFLATION FOR 2018​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below