Texas Roadhouse reports Q4 EPS 89c, consensus $1.03

Reports Q4 revenue $1.01B, consensus $1.02B. Reports comparable restaurant sales increased 7.3% at company restaurants and increased 7.2% at domestic franchise restaurants. Jerry Morgan, CEO of Texas Roadhouse commented last night: "We had another record year in 2022, highlighted by over $4 billion in revenue and double-digit bottom line growth in spite of significant cost pressures. I am extremely proud of our operators who continue to drive sales and consistently deliver on our legendary promise. "Morgan continued, "As we celebrate our 30th anniversary this month, our focus will be on what got us here-providing our guests a legendary experience in all 700 of our restaurants each and every shift. We are excited about our continued growth in 2023, which includes the potential to open a record number of systemwide locations across all of our brands. We are confident this growth, along with our ability to allocate capital for the benefit of our shareholders, will continue to create long term value."