Texas Roadhouse, Inc. · NASDAQ:TXRH
Texas Roadhouse — Shareholder Meeting (May 2019)
11 slides from Texas Roadhouse's shareholder meeting presentation, May 23, 2019
Slide 1: Annual Shareholder Meeting
Annual Shareholder Meeting May 23, 2019
Slide 2: Safe Harbor Statement
Texas Roadhouse, Inc. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Certain statements in this presentation that are not historical facts, including, without limitation, those relating to our anticipated financial performance, are forward-looking statements that in
Slide 3: 2018 Summary
2018 Summary ✓ Revenues of $2.5B – up 10.7% ✓ Same store sales up 5.4% with positive traffic of 3.9% ✓ Diluted EPS of $2.20 – up 19.6% ✓ Cash from operations of $352.9M – up 23.2% ✓ 28 new company restaurants, including 5 Bubba’s 33 units ✓ 5 new international franchise restaurants
Slide 4: Our thoughts on 2019
Our thoughts on 2019 Positive comparable sales growth, including 2.8% pricing ~25 to 30 company restaurant openings, including as many as 4 Bubba’s 33 locations ~As many as 8 franchise restaurant openings, primarily international ~1% to 2% food cost inflation ~7% to 8% growth in total labor dollars
Slide 5: We continue to focus on driving sales.
We continue to focus on driving sales. Local store marketing Adding capacity to existing restaurants Staff for the next $10,000 of weekly sales Legendary Food, Legendary Service!
Slide 6: We have generated strong growth since 2010...
We have generated strong growth since 2010… Same Store Sales 2.4% 4.7% 4.7% 3.4% 4.7% 7.2% 3.5% 4.5% 5.4% 5.4% 1.3% 3.9% 3.2% 1.0% 3.2% 2.1% 3.6% 3.4% 2.4% 2.4% 1.5% 1.5% 1.8% 1.4% 1.5% 0.9% 2010 2011 2012 2013 2014 2015 2016 2017 2018 Traffic Check
Slide 7: ...and have consistently outperformed the industry.
…and have consistently outperformed the industry. 10.0% 8.0% 6.0% 4.0% 2.0% (0.0%) (2.0%) (4.0%) (6.0%) TXRH Knapp Track
Slide 8: We continue to grow across the U.S.
We continue to grow across the U.S. Primarily Company 2 Primarily Franchise 11 Split 1 3 3 2 4 1 # of New 3 11 Company Units 5 2 13 19 2 17 3 2018 28 5 9 30 2 4 9 33 2017 27 11 10 15 27 4 17 6 14 2016 30 7 16 15 15 19 2015 28 17 18 7 5 5 8 2014 24 15 3 58 2013 26 72 2012 25 10 34 2011 20 2010 14 200
Slide 9: In addition to development, we are committed to returning capital.
In addition to development, we are committed to returning capital. 20-25%
Slide 10: People first
We remain committed to the ideas that have gotten us here. People first Operations driven Partnership model Long-term focus Balanced approach Disciplined capital allocation LEGENDARY FOOD LEGENDARY SERVICE
Slide 11: Slide 11