Chuy's Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 25, 2023
August 03, 2023 at 04:06 pm EDT
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Chuy's Holdings, Inc. reported earnings results for the second quarter and six months ended June 25, 2023. For the second quarter, the company reported sales was USD 119 million compared to USD 110.95 million a year ago. Net income was USD 10.73 million compared to USD 7.87 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.59 compared to USD 0.41 a year ago.
For the six months, sales was USD 231.5 million compared to USD 211.43 million a year ago. Net income was USD 18.96 million compared to USD 13.39 million a year ago. Basic earnings per share from continuing operations was USD 1.05 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to USD 0.7 a year ago.
Chuyâs Holdings, Inc. owns and operates full-service restaurants across 16 states serving a distinct menu of authentic, made from scratch Tex-Mex-inspired dishes. It offers a menu for both lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and salads complemented by a variety of appetizers and desserts. Each of its restaurants also offers a variety of homemade sauces, including its Hatch Green Chile, Boom-Boom and Creamy Jalapeno sauces, all of which it makes from scratch daily in each restaurant. Its Chuyâs Knock Out (CKO) limited-time food offerings run for six weeks once every quarter and showcase three new menu items. It also offers a full-service bar in all of its restaurants providing its customers a variety of beverage offerings, featuring a selection of specialty cocktails, including its on-the-rocks margaritas made with fresh, hand-squeezed lime juice and the King's Punch, a made-to-order, hand-shaken rum cocktail served in its shaker.