Chuy’s reports Q3 adjusted EPS 44c, consensus 36c

Reports Q3 revenue $113.5M, consensus $111.67M. Steve Hislop, President and Chief Executive Officer of Chuy‘s Holdings stated, “Our solid third quarter performance was a direct result of our team’s continued progress in executing our initiatives to drive sustainable top-line growth and profitability. For the quarter, we grew revenue by over 6% and posted a comparable sales increase of 2%. We were also able to achieve one of the best restaurant-level operating margins in the casual dining industry segment at 19.4% through our continued focus on four-wall operational excellence. Overall, we believe our business fundamentals remain strong and our team is eager and energized to provide our customers with the unique Chuy’s experience they have come to expect when they visit our restaurants.”