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Texas Roadhouse, Inc. (TXRH) CEO Wayne Taylor on Q1 2020 Results - Earnings Call Transcript

May 04, 2020 10:52 PM ETTexas Roadhouse, Inc. (TXRH) Stock
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Texas Roadhouse, Inc. (NASDAQ:TXRH) Q1 2020 Earnings Conference Call May 4, 2020 5:00 PM ET

Company Participants

Tonya Robinson - CFO

Wayne Taylor - Founder, Chairman, CEO & President

Conference Call Participants

Brian Bittner - Oppenheimer

David Palmer - Evercore ISI

Dennis Geiger - UBS Investment Bank

Jeffrey Farmer - Gordon Haskett Research Advisors

Christopher O'Cull - Stifel, Nicolaus & Company

Jon Tower - Wells Fargo Securities

David Tarantino - Robert W. Baird & Co.

Andrew Barish - Jefferies

Peter Saleh - BTIG

Jared Garber - Goldman Sachs Group

Brian Vaccaro - Raymond James & Associates

Andrew Strelzik - BMO Capital Markets

Robert Derrington - Telsey Advisory Group

Nerses Setyan - Wedbush Securities


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 Ms. Tonya Robinson, the Chief Financial Officer of Texas Roadhouse. Thank you. You may begin your conference.

Tonya Robinson

Thank you, Warren, and good evening, everyone. I hope this call finds you and your families safe and secure as we move through these difficult and trying times. By now, you should have access to our earnings release for the first quarter ended March 31, 2020, and our COVID-19 business update. It may also be found on our website at texasroadhouse.com in the Investors section.

Before we begin our formal remarks, I need 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, including factors related to the

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