Texas Roadhouse Inc. (TXRH) Monday reported first-quarter net income of $26.2 million or $0.37 per share, compared to $18.9 million or $0.27 per share last year.
Excluding the impact of a prior year charge, diluted earnings per share increased 19.8% to $0.37 from $0.31 in the prior year period.
Total revenue for the quarter rose 11% to $359.68 million from $324.87 million in the prior year quarter.
On average, analysts polled by Thomson Reuters estimated earnings of $0.35 per share on revenues of $357.90 million for the quarter. Analysts' estimates typically exclude special items.
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