Texas Roadhouse, Inc. (NASDAQ:TXRH) Q1 2023 Earnings Conference Call May 4, 2023 2:00 PM ET

Company Participants

Michael Bailen - Head, Investor Relations

Jerry Morgan - Chief Executive Officer

Conference Call Participants

Joshua Long - Stephens

David Palmer - Evercore ISI

Brian Towsen - Morgan Stanley

Peter Saleh - BTIG

Jeffrey Bernstein - Barclays

David Tarantino - Baird

Sara Senatore - Bank of America

Dennis Geiger - UBS

Jeff farmer - Gordon Haskett

Jon Tower - Citi

Lauren Silberman - Credit Suisse

Brian Vaccaro - Raymond James

Andrew Strelzik - Bank of Montreal

Andy Barish - Jefferies

Jim Sanderson - Northcoast Research

Operator

Good evening and welcome to the Texas Roadhouse First Quarter Earnings Conference Call. Today’s call is being recorded. [Operator Instructions] I would now like to introduce Michael Bailen, Head of Investor Relations for Texas Roadhouse. You may begin your conference.

Michael Bailen

Thank you, Brianna and good evening. By now, you should have access to our earnings release for the first quarter ended March 28, 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 in 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. 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 would like to turn the call over to Jerry.

Jerry Morgan

Thanks, Michael and good evening to everyone. As many of you know, we just returned from our managing partner conference, where we celebrated our 30-year anniversary with our operators. While we took some time to honor our past, our conference messaging was focused on our future, which will continue to be shaped by staying true to our values and our mission of legendary food and legendary service.