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Chuy's Holdings fiscal Q2 profit climbs 54.0% YOY


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Chuy's Holdings fiscal Q2 profit climbs 54.0% YOY

Chuy's Holdings Inc. said its normalized net income for the fiscal second quarter ended June 28 amounted to 28 cents per share, compared with the S&P Capital IQ consensus estimate of 25 cents per share.

EPS climbed 53.9% year over year from 18 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.7 million, an increase of 54.0% from $3.1 million in the year-earlier period.

The normalized profit margin climbed to 6.3% from 4.9% in the year-earlier period.

Total revenue rose 19.1% year over year to $75.4 million from $63.3 million, and total operating expenses increased 16.1% year over year to $67.8 million from $58.4 million.

Reported net income grew 52.5% year over year to $5.4 million, or 32 cents per share, from $3.5 million, or 21 cents per share.