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Stock impact report

Chuy’s Holdings, Inc. Announces First Quarter 2024 Financial Results

Chuy's Holdings, Inc. (CHUY) 
Last chuy's holdings, inc. earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chuys.com/investor-relations
Company Research Source: GlobeNewswire
AUSTIN, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- Chuy’s Holdings, Inc. (NASDAQ:CHUY) (the "Company") today announced financial results for the first quarter ended March 31, 2024. Highlights for the first quarter ended March 31, 2024 were as follows: Revenue was $110.5 million compared to $112.5 million in the first quarter of 2023. Revenue was negatively impacted by approximately $1.8 million as a result of a one-week calendar shift due to a 53rd week in fiscal 2023.On a fiscal basis, comparable restaurant sales decreased 5.2% as compared to the first quarter of 2023. On a calendar basis, comparable restaurant sales decreased 4.3% as compared to the first quarter of 2023. The Company estimates that calendar basis comparable restaurant sales were negatively impacted in total by approximately 115 basis points from unfavorable weather conditions and the timing of Easter.Net income decreased $1.3 million, to $6.9 million, or $0.40 per diluted share, as compared to $8.2 million, or Show less Read more
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