Texas Roadhouse (TXRH $15.55 -1.08) reported second quarter earnings
of $0.22 per share, $0.02 worse than the Capital IQ Consensus Estimate of $0.24.
Revenues rose 9.6% year/year to $279.6 million versus the $280.1 million
consensus.
The company reported that comparable restaurant sales at co restaurants for the
first four weeks of the third quarter of fiscal 2011 increased ~3.9% compared to
the prior year period. The company lowered its current expectation for 2011
diluted EPS growth from 5-10% to ~5% compared to 2010. This resulted from
slightly moderated sales and moderated margin expectations due to higher overall
inflationary pressures.






