Texas Roadhouse, Inc. (NASDAQ:TXRH) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET

Company Participants

Michael Bailen - Head, IR

Jerry Morgan - CEO

Chris Monroe - CFO

Conference Call Participants

Brian Bittner - Oppenheimer

David Tarantino - Baird

Peter Saleh - BTIG

Chris O’Cull - Stifel

Jeff Farmer - Gordon Haskett

Jake Bartlett - Truist Securities

Brian Harbor - Morgan Stanley

Sara Senatore - Bank of America

Andy Barish - Jefferies

Brian Vaccaro - Raymond James

Gregory Francfort - Guggenheim

Dennis Geiger - UBS

Anisha Datt - Barclays

Jon Tower - Citigroup

Andrew Strelzik - BMO

Elliott Simon - Evercore

Jim Sanderson - Northcoast Research

Jon Park - Wells Fargo

Operator

Good evening and welcome to the Texas Roadhouse Second Quarter Earnings Conference Call. Today’s call is being recorded. All participants are now in a listen-only mode. After the speakers’ remarks, there will be a question-and-answer session. [Operator instructions]

I would now like to introduce Michael Bailen, Head of Investor Relations for Texas Roadhouse. You may begin.

Michael Bailen

Thank you, Emma. And good evening. By now, you should have access to our earnings release for the second quarter ended June 27, 2023. It may also be found on our website at texasroadhouse.com in the Investors section.

I would like to remind everyone that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance, and therefore, undue reliance should not be placed upon them. We refer all of you to our earnings release and our recent filings with the SEC.

These documents provide a more detailed discussion of the relevant factors that could cause actual results to differ materially from those forward-looking statements. In addition, we may refer to non-GAAP measures. If applicable, reconciliations of the non-GAAP measures to the GAAP information can be found in our earnings release.

On the call with me today is Jerry Morgan, Chief Executive Officer of Texas Roadhouse; and Chris Monroe, our newly appointed Chief Financial Officer. Following the prepared remarks, we will be available to answer your questions. In order to accommodate everyone that would like to ask a question, we kindly ask analysts to please limit yourself to one question.

Now, I'd like to turn the call over to Jerry.

Jerry Morgan

Thanks, Michael and good evening, everyone. Before we begin our formal remarks, I want to welcome Chris Monroe to Texas Roadhouse. I am thrilled to have Chris join the Texas Roadhouse family, and I look forward to working closely with him to make us bigger, faster and stronger.