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Chuy's Holdings fiscal Q3 profit climbs 7.9% YOY


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Chuy's Holdings fiscal Q3 profit climbs 7.9% YOY

Chuy's Holdings Inc. said its normalized net income for the fiscal third quarter ended Sept. 25 was 26 cents per share, compared with the S&P Capital IQ consensus estimate of 28 cents per share.

EPS climbed 6.6% year over year from 25 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.4 million, a gain of 7.9% from $4.1 million in the prior-year period.

The normalized profit margin dropped to 5.2% from 5.6% in the year-earlier period.

Total revenue increased 15.8% year over year to $85.6 million from $73.9 million, and total operating expenses increased 16.6% from the prior-year period to $78.5 million from $67.3 million.

Reported net income grew 13.8% year over year to $4.6 million, or 27 cents per share, from $4.0 million, or 24 cents per share.