Chuy's Holdings, Inc. (NASDAQ:CHUY) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET
Company Participants
Jon Howie - Vice President & Chief Financial Officer & Director
Steve Hislop - President and Chief Executive Officer
Conference Call Participants
Christopher O'Cull - Stifel, Nicolaus & Company, Incorporated.
Jim Salera - Stephen
David Tarantino - Robert W. Baird & Co.
Andy Barish - Jefferies LLC
Nerses Setyan - Wedbush Securities Inc.
Todd Brooks - The Benchmark Company, LLC
Brian Vaccaro - Raymond James & Associates, Inc.
Andrew Wolf - CL King & Associates, Inc.
Operator
Good day, everyone, and welcome to the Chuy's Holdings First Quarter 2024 Earnings Conference Call. Today's call is being recorded. [Operator Instructions] On today's call, we have Steve Hislop, President and Chief Executive Officer; and Jon Howie, Vice President and Chief Financial Officer of Chuy's Holdings, Inc.
At this time, I'll turn the call over to Mr. Howie. Please go ahead, sir.
Jon Howie
Thank you, operator, and good afternoon. By now, everyone should have access to our first quarter 2024 earnings release. If not, it can be found on our website at www.chuys.com in the Investors section. Before we begin our formal remarks, I need to remind everyone that part of our discussions today will include forward-looking statements. These forward-looking statements are not a guarantee of future performance, and therefore, you should not put undue reliance on them.
These statements are also subject to numerous risks and uncertainties and could cause actual results to differ materially from what we expect. We refer all of you to our recent SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial condition. Looking ahead, we plan to release our second quarter 2024 earnings on Thursday, August 8, 2024 after the market close.
With that out of the way, I'd like to turn the call over to Chuy's President and CEO, Steve Hislop.
Steve Hislop
Thank you, Jon. Good afternoon, everyone, and thank you for joining us on today's call. In the first quarter, we experienced the same weather and macro challenges facing the broader restaurant industry, leading to a top line growth that was below our expectations. That said, we were encouraged to see our top line trends improve as we move through the quarter when adjusting March for the Easter calendar shift.
In addition, our off-premise business continued to see growth as consumers embrace the opportunity to enjoy Chuy's high quality, made-from-scratch food from the comfort of their own home. Ultimately, despite top line headwinds, our team's continued focus on 4-wall operational excellence allowed us to deliver an 18.8% restaurant-level operating margin, which remains among the best in our industry.