Earnings release
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Financial Results Texas Roadhouse , Inc. Announces Third Quarter 2021 Results LOUISVILLE , KY . ( October 28 , 2021 ) Texas Roadhouse , Inc. ( NasdaqGS : TXRH ) , today announced financial results for the 13 and 39 weeks ended September 28 , 2021 . ( $ 000's ) Financial results for the 13 and 39 weeks ended September 28 , 2021 , September 29 , 2020 , and September 24 , 2019 were as follows : Total revenue Income from operations Net income Diluted earnings per share Total revenue Income from operations Net income Diluted earnings per share $ ● TEXAS ROADHOUSE $ $ 2021 868,943 61,698 52,606 0.75 2021 $ 2,568,360 232,353 192,236 2.74 $ $ 2020 631,185 34,976 29,230 0.42 2020 $ 1,760,134 $ Ⓡ 3,448 11,706 0.17 Third Quarter $ $ 2019 650,489 44,884 36,531 0.52 Year to Date 2019 $ 2,030,925 158,612 131,766 1.85 $ % change vs. 2020 37.7 % 76.4 % 80.0 % 79.3 % % change vs. 2020 vs. 2019 33.6 % 37.5 % 44.0 % 43.6 % 45.9 % 6638.8 % 1542.2 % 1535.1 % vs. 2019 26.5 % 46.5 % 45.9 % 48.3 % Results for the third quarter included the following : Comparable restaurant sales at company restaurants increased 30.2 % and 22.3 % compared to 2020 and 2019 , respectively¹ . Comparable restaurant sales at domestic franchise restaurants increased 33.5 % and 20.4 % compared to 2020 and 2019 , respectively ; Average weekly sales at company restaurants were $ 120,094 of which 15.1 % were to - go sales ; Seven company restaurants , including one Bubba's 33 were opened ; Restaurant margin , as a percentage of restaurant and other sales , increased 111 basis points to 15.7 % compared to the prior year as the increase in comparable restaurant sales was partially offset by higher food and beverage costs . The higher costs were driven by commodity inflation ¹ Comparable restaurant sales reflect the change in year - over - year sales for restaurants open a full 18 months before the beginning of the period measured for comparison to 2020 and for restaurants open a full 30 months before the beginning of the period measured for comparison to 2019 .