Texas Roadhouse, Inc. (NASDAQ:TXRH) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET

Company Participants

Michael Bailen - Head of Investor Relations
Jerry Morgan - Chief Executive Officer
Chris Monroe - Chief Financial Officer

Conference Call Participants

Jake Bartlett - Truist Securities
Brian Bittner - Oppenheimer
David Tarantino - Baird
Brian Harbour - Morgan Stanley
Jim Salera - Stephens
Elliott Simon - Evercore ISI
Lauren Silberman - Deutsche Bank
Peter Saleh - BTIG
Dennis Geiger - UBS
Jeff Farmer - Gordon Haskett
Andrew Strelzik - BMO Capital Markets
Jon Tower - Citigroup
Chris O'Cull - Stifel
Gregory Francfort - Guggenheim Securities
Logan Reich - RBC Capital Markets
Jim Sanderson - Northcoast Research
Brian Vaccaro - Raymond James
Sara Senatore - Bank of America

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 your conference.

Michael Bailen

Thank you, Brianna, and good evening. By now, you should have access to our earnings release for the second quarter ended June 25, 2024. 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 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, please limit yourself to one question.

Now, I would like to turn the call over to Jerry.

Jerry Morgan

Thanks, Michael. And good evening, everyone. We are pleased with our second quarter results as our operators continue to do an amazing job serving our guests and communities. Same-store sales growth of 9.3% and the benefit of a steady pace of new-store openings in 2024 helped us drive revenue to over $1.3 billion in the quarter.