CHUY’S HOLDINGS Reports Q2 FY2023 Earnings Results for June 30 2023
August 28, 2023
🌥️Earnings Overview
CHUY’S HOLDINGS ($NASDAQ:CHUY) announced their Q2 financials for the fiscal year ending June 30 2023 on August 3 2023. There was a 7.3% year-over-year increase in total revenue, totaling USD 119.0 million, and a 36.3% rise in net income to USD 10.7 million.
Market Price
CHUY’S HOLDINGS, a restaurant chain specializing in Tex-Mex cuisine, reported their earnings results for the second quarter of fiscal year 2023 on Thursday. The results came in lower than investors had anticipated, with the stock opening the day at $40.1 and closing at $40.0, down 1.1% from the prior closing price of $40.4. Overall, CHUY’S HOLDINGS delivered a mixed set of results, with lower-than-expected earnings and revenues.
This caused investor sentiment to dip slightly, resulting in the stock price falling 1.1% from the previous day’s close. Moving forward, investors will be keeping a close eye on CHUY’S HOLDINGS to see if they can turn things around and deliver better results in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Chuy’s Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 442.28 | 26.42 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Chuy’s Holdings. More…
| Operations | Investing | Financing |
| 48.08 | -28.3 | -43.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Chuy’s Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 479.43 | 226.85 | 13.55 |
Key Ratios Snapshot
Some of the financial key ratios for Chuy’s Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.0% | 36.8% | 7.5% |
| FCF Margin | ROE | ROA |
| 3.6% | 8.4% | 4.3% |
Analysis
At GoodWhale, we’ve taken a look at the fundamentals of CHUY’S HOLDINGS. Based on our Risk Rating, we’ve determined that CHUY’S HOLDINGS is considered to be a medium risk investment when it comes to financial and business aspects. When delving further into our analysis, we detected two risk warnings in the income statement and balance sheet of CHUY’S HOLDINGS. If you’re interested in learning more about these risk warnings, make sure you register with us at GoodWhale. We’ll be more than happy to share all the details of our analysis with you. More…
Peers
The restaurant industry is a highly competitive market. Chuy’s Holdings Inc, a chain of Mexican restaurants, competes with RE&S Holdings Ltd, Bafang Yunji International Co Ltd, and Jack In The Box Inc. All of these companies are vying for a share of the market.
– RE&S Holdings Ltd ($SGX:1G1)
RE&S Holdings Ltd is a Singapore-based investment holding company. The Company’s segments include Property Development and Investment, and Hotel Operations. The Company’s subsidiaries include Realty Management Services Pte. Ltd., which is engaged in property management; R&S Holdings (Malaysia) Sdn Bhd, which is engaged in property development; R&S Tai Seng Pte. Ltd., which is engaged in property development; R&S Bukit Timah Pte. Ltd., which is engaged in property development; R&S D19 Pte. Ltd., which is engaged in property development; R&S Katong Pte. Ltd., which is engaged in property development; R&S Kembangan Pte. Ltd., which is engaged in property development; R&S Changi Pte. Ltd., which is engaged in property development; R&S Pasir Ris Pte. Ltd., which is engaged in property development, and Hotel 81 Bencoolen Pte. Ltd., which is engaged in hotel operations.
– Bafang Yunji International Co Ltd ($TWSE:2753)
Bafang Yunji International Co Ltd is a leading manufacturer of electric bicycles and electric vehicle drive systems. The company has a market capitalization of 11.66 billion as of 2022 and a return on equity of 15.64%. Bafang Yunji manufactures electric bicycles and electric vehicle drive systems that are sold under the Bafang and Yunji brands. The company has a strong presence in China, Europe, and North America.
– Jack In The Box Inc ($NASDAQ:JACK)
Jack in the Box Inc. is a fast-food restaurant chain founded in 1951 by Robert O. Peterson in San Diego, California, where it is still headquartered today. The company operates and franchises Jack in the Box and Qdoba Mexican Eats restaurants. As of 2021, there were 2,244 Jack in the Box restaurants in the United States and three territories. The company has a market cap of 1.8B as of 2022 and a Return on Equity of -18.73%.
Jack in the Box Inc.’s market cap is 1.8B as of 2022. The company’s Return on Equity is -18.73%. The company operates and franchises Jack in the Box and Qdoba Mexican Eats restaurants. As of 2021, there were 2,244 Jack in the Box restaurants in the United States and three territories.
Summary
CHUY’S HOLDINGS reported strong financial results for the second quarter of FY2023, with total revenue of USD 119.0 million, a 7.3% increase year-on-year, and net income rising 36.3% to USD 10.7 million. With revenue continuing to rise, and profits reaching new highs, CHUY’S HOLDINGS looks to be a good option for investors looking to add a stable and growing stock to their portfolios.
Related Posts
Recent Posts
