CHUY - Earnings call transcript Q4 2020

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Operator

Good day, everyone, and welcome to the Chuy's Holdings Fourth Quarter 2020 Earnings Conference Call. Today's call is being recorded. At this time, all participants have been placed in a listen-only mode, and the lines will be open for questions following the presentation. On today’s call, we have Steve Hislop, President and Chief Executive Officer; and Jon Howie, Vice President and Chief Financial Officer of Chuy's Holdings, Incorporated. At this time, I will turn the conference over to Mr. Howie. sir. ahead go Please

Jon Howie

the and our By release. fourth be website@www.chuy's.com it operator have If everyone access can in our on to quarter found section. good you, now afternoon. should not, investors Thank XXXX earnings

reliance performance, remarks, not statements Before remind could could them. Steve. you cause need to guarantee are on discussions would will not everyone to to impact call results of statements. and our put looking from of With a future our materially to include of a I of SEC expect. forward the uncertainties are we over and part recent These to statements review discussion should also what begin for future risk out today I filings numerous our operating we actual undue way, results that conditions. therefore of formal you the that forward our more These like financial of all looking that subject We that turn risks refer to detailed differ the and

Steve Hislop

And results Jon. quarter, like hope sales you our safe afternoon, healthy. staying everyone XXXX everyone. with of flexibility our a today. the thank adjust earnings of fourth you, Thank the on is changing for joining I pleased I'm most and required of fly fourth quarter The us quarter sequentially fourth our resiliency Good the us and call which team comparable business as external improved the on in to compared trends, result in continue environment. time be sales with be areas. of of a very COVID-XX our $X.XX. have in pleased to overall a and to we some of restrictions per our interruptions, rooms first December for heightened direction what closure quarter a in due quarter been number the Despite relaxed as dining many is of productive during the in the and dining third to earnings despite November share restaurants. weather adjusted of the typically our restrictions to here This resulted

optimistic operating environment, our steady are in to external and we to a unpredictable. nimble a cautiously an return remains While for environment teams continue focused that stay will more normal

profitability. the to fourth quarter Turning

and an improvement Our level same resulted quarter continued operating compared approximate year. efficiencies XX% management to in profitability in cost on last restaurant focus the

points to As due the our XXX approximately margins sales improved an reduction basis pandemic. XX% in despite

a emerge have resonated current the stronger to keeping on We our of to uncertainty as key have as are new our guide level this been that we our room our up there when also the all and and dedication and crucial normalized the pillars a work our even we been that our ramp safe same efforts guest’s healthy. we Again, the dining pandemic operations, in operations, pandemic, return none team company us with have hard environment, XXXX, profitability. impact of subsides. them and at not to only remain these time which to serving pillars safety, continued lasting more even positive without this believe but [ph] enter convenience we'll through have of throughout members guests onset confident the help Since year the a possible three would value,

we're we've and improve for of help only not to the quickly these of all including stores. at the to we past, are that payment payment several in we continue efficiencies our to other that me our continues Let also at in solutions business last Safety methods, employees but in-restaurant QR investing peace activity. a spoken forefront with Along update technology our long about create that you in can on as we of noted be our pillars. the of And help mind term. pay-at-the and device testing look code guests, us table pay-by-text quarter,

with we while time, While to for. positive, has look will best Convenience factor for our points this contact an minimize feedback additional ways our is that important during been has is we to servers, to also and in-class off-premise still enjoy our uncertain known opportunities hospitality our business continue Chuy's guests early provide the given food.

business off-premise more and pre-COVID-XX approximately mix fourth remains Our rate of our during the of a strong quarter, levels. double revenues a XX% than of maintaining at

We continue likely All-in-all, the mid-XXs as hold will our off-premise our receive to mix and to due believe unique mix convenience food scratch offerings travels. room levels. and we a high rate our strong to continue of through demand business. this can all our return the quality dining capacities well we of guests avenues enhanced appreciate how While enjoy and drink level and from historical of in we our the current appeal food believe made to

by Lastly, our beverage only family value also we continue convenient not streamlining our to and meal grow menu, offering kits. but

on major on current expect our menu we popular marketing awareness to plan at add our several this time, making our back and to offerings. restarting to items While we drive changes further no unique digital have events

as for a have as one and result development our operational of are of we new Florida. in opened Turning XXXX, a tool served six we to which learning restaurants, changes February Pines, in The for development fiscal targeting COVID four have made team. Pembroke between it

fourth in of discuss optimism I'll increased quarter convenience the Howie our our that, detail. call of development same and execute but turn guests, term us would guests. at to also better smaller to plans, now experience With our our the safety expect provide greater dining to long unique increase to use on-premise Jon As results to over allows our we prototype for for look the our CFO, we

Jon Howie

check had In XX,XXX operating due compared ended XX, to to the various last Thanks XXXX fourth of to we December fourth for by approximately sales and weeks remained Comparable the of increase weeks X% quarter quarter. the in a XXX declined $XXX COVID-XX, solid fourth during Steve. closures total, the fourth partially weekly quarter by during XXXX XX.X% in quarter included traffic during and loss the off-premise restaurant first sales .Our offset customers restaurants XX.X% average decrease average decreased primarily of due operating of to sales of the our decreased the during same including the in quarter Please to at release Revenues for XXXX. million cadence quarter year. $XX.X the quarter refer fourth in approximately XX% million same the by period. period driven last compared quarter total revenue earnings to fourth today's year, XX%

buffet points inflation dine and as of company percentage increases sales car during delivery basis a and and rate percentage compared to charges off-premise a supplies of revenue limited to-go XX a of deflation due eliminating off-premise employees on in for for heavy of a offset fourth Nacho to fiscal to personnel result Turning approximately commodity XX.X% basis last operating chips growth of primarily with partially in XX.X% salsa with chicken. quarter. offset and XX.X%, cost as approximately of X.X%. revenue Based basis year's X.X% rate reduced menu basis of increased expense X.X% in decreased business, and points XXXX. to points of Operating in to capacities -- the of cost XX revenue XX in to service labor fees, buffet complimentary points as to taxes. management by due hourly increase beef transitioned the an and Marketing expecting partially coupled as the Overall a flat to has cost percentage credit Cost a points at expenses. of as liquor costs approximately store our a switching the trends, primarily lower to hourly to increase commodity reduction quarter X% XXX quarter, Labor as remained basis percentage of result model current primarily the relatively style modest card we costs inflation are the as X.X%. was in the XXX revenue by insurance costs a currently decreased style

of quarter $X.X increased a and spin expenses million $X year, As or was marketing income of XXX as other same restaurant expect the fixed digital quarter driven revenue year. marketing the of quarter travel, XXXX, a the a X.X% to improvement the X.X% we quarter. result as of in percentage Cares industry in or primarily loss in million standards share million $X.X saving in increase response administrative to of legal as in summary, of million as compared the points crushing basis a as of net we fourth by Occupancy to period the the COVID-XX. of partially measures close occupancy in for of leverage cost key revenues expenses. impairment professional $X.X margin restaurant diluted level resume first million a primarily $X.X incurred of $X.X during share we result will sales XXXX result General In a adjustment net per $X.XX comparison Act. fourth COVID-XX well as for during to the our our the in in bonuses diluted a expenses offset conjunction cost the per tax fees same last $X.XX million period with increased discretionary above a reduced by the to pandemic from deferred and In fourth last operating efforts, costs

of adjusted per million. quarter net $X.X was XXXX $X.XX and in recorded into an to million for $X.XX that diluted same period year. $X.X quarter fourth of Taking share the last XXXX, per of impairment During diluted share costs or fourth million we $X.X account, the the compared income or closure all

members, of $XX.X of ample have and cash Moving in and footing, current no a to we have balance to navigate the we as XX quarter, incurred at million the liquidity and financial resilient revolving team our and well the positive being from sales facility. With as sheet, and cash availability as trajectory environment. means end liquidity believe we equivalents, of strong the million credit debt

I'd turn I to our quickly over for outlook like Steve, to XXXX. limited discuss back it Before

position some a financial in not I with guidance, directional you you give would to be to helpful. like I'm that While metrics our would provide usual

restaurants will mentioned earlier, Steve six in four to As we be opening new XXXX.

tenant expenditures of now XX back we XX that, net XXXX. X allowances of pre-opening X improvement lastly, in million With to over call the capital Steve. expenses I'll of turn restaurant net million million. to expect And expect million We to

Steve Hislop

Thanks, Jon.

date stronger pandemic, has we've be are us to work While lot more positioned to uncertainty we a the the still efficient and done there company. believe surrounding a of

about strength ever business, to XXXX. begin cautiously as and remain We conditions changing we are market of our nimble the optimistic the

with everything minds. answer going With any with of health safety that, at questions. guests remain done and ensure We front our our of the and will capital be that Thank prudent members to forward expenditures you. happy our team will the also and we're we do

Operator

Baird. with Please We will ahead. now first our Instructions] begin the question-and-answer will go [Operator Tarantino And from session. come question David

David Tarantino

good Hi, afternoon.

sort Just on of the the so on might seen an you a you have so question quarter-to-date But period a had understand the lot wondering giving that us update the of through for disruption the the dynamics. Thank first number what we for if give could just whole recognizing trend the just you've far. through I'm us weather. from period. period second

Steve Hislop

still a in and we and started eight said, the affected following -- because down probably before front the And very like weeks a then first week two approximately, that lot have well bounced And this of with then those sales. snow million one we pull we were that period in weaker that in weeks. through strong we We here. back rather a people little and two a power to Yes, sales, Texas off people and bit in historic, period came cold bought didn't southeast. two of from

are did doing bounce lines now. back ones and fine other that So the we right trend

David Tarantino

to is maybe guess, or quarter-to-date, give just what I after terms could you maybe running? so what's exit has to want that a sense means, business if just and clarify comps about I And or have rate the Steve the Jon, in us the you weather your how what like, mean, of looked been talk for

Steve Hislop

is backwards a had as that at that was said We line January, see strong you would right some down. back of So of then. a we come looking And those that XX% since quarter like weeks. February trend it two it's from a if in lot say, can that, around better, lot in because better we're but of and be to then

David Tarantino

approach kind wanted kind and, smaller clarifying site Thank longer is elaborate to to really Thanks. for Perfect. that. I current back that to you've you planning growth be related selection past to growth. of digits, pace kind or, And markets could using Right. is of prominent could then as your my us term that, in-selling? more getting talk of prototype and on that that you're the if Are on and you playing and the then unit the just double you thinking about kind you question outlook if talked about of that maybe And to unit a on your strategy Steve And the growing of tool on and see about mentioned, site the perhaps, this? also, footprint approach related about update of new in kind the kind going you're role. being to selection how within of more you

Steve Hislop

were five good those Well Good questions. job.

is they're we mean is And hermit because is, started prototype the And different had August. opening XX actually in we the year, we still four that's for first this year. to in we were a sizes. small know that all other are really ones The the last don't pipeline basically, will just, it's promo, thing love I stores again, crab. and start XX -- in the six

of three And, lot be little but I And, And far the me, XX, and any this had, right the area six in on bit sales expecting we're eight online looking past, that that, enhanced in a patio. we'll of And double specifically probably if the that digits I this as it's from so me house. these we're as correct to I side where if the probably in mentioned see the single year. looking over probably we're you'll low love then putting said work out and six larger we're you following backfill our missed some going at year, it. be on at like of we'll in four a going think be now, we've less done see you'll as still front all range, to the next at bit to business. to XXXX more obviously But doing employees at smaller specifically the you'll going everything be XX. will will of probably And we've markets questions that, and be stop the to packaging stores good but go existing there our little round, area, starting foot the that prototype of years, a to us out, are back square the in

our tell like brand in existing probably and I And the site next three don't stay with short, so basically a you'll the see us growth our said, i.e. proven awareness, markets the backyards on years bit little you for them about the that strong tool. have why

Jon Howie

What XXXX. we we're that tool, that's at enhance the looking one to continue in site

backfill it's believe it's and opportunity Looking, a believe and kind of site have more us awareness, our we of markets, in lot that some brand put still X.X, we've we've high of areas, high at this we sites and Nashville, a bigger with states some and at before us, because a to metropolitan that for us and that without of at to Dallas, into tool, bigger the we some allows Houston, looking looked maybe number given of the cannibalizing X.X, looking a volume where metropolitan our sales gives we're those X.X. Austin, looked also A, of of there new areas, go smaller kind whether

somewhere or in a like looking up so we're like markets, of into long think more kind Texas, it I opens at an that going Abilene a that volume. view, in when or Now here lot

of very higher we're high site, have backfill I that a kind to looking some these those still in that areas to looking volumes. some at where of see, think going when we at these we we're brand we're But can awareness. and of some Now, markets, pick

Steve Hislop

most the was that questions think had. I that of you

David Tarantino

you job. Yes, did an excellent

foot And what unit economics ones perspective? from sorry desired want What the assume unit million that's economic square for on? the you I other for, throwing prototype? looking are them X.X that XXXX a and the all. But projected would you volume XX? One on are on or

Steve Hislop

I high the those can it not we lower with learned little XX%, that's think pandemic, what upon level the learned depending in in to what's those think to what we've that areas run with about, that restaurants. we're a get, if the exciting margins, from with, pandemic, I XX% cost talking we've during restaurant teen with about higher,

on at and, So three XX% of, we're still to investment mid-twos and return looking investment, that at looking an in going the forward.

re-engineer building we're the with not itself. but or design, to value also looking our revamp So our national engineer, contractor only

reducing at the costs there as some well. So we're looking of

Jon Howie

And that's it. not have but also on remodeled, not only but a that's we just only prototype,

David Tarantino

Great, thank very you much.

Steve Hislop

Welcome, Dave.

Operator

Rutherford Stephens. will question ahead. go James Please from with next Our come

James Rutherford

the here. approach I to about taking capacity. you you where new start quarter for might your quarter about you just capacity make changes the the Vegas, have latitude all decision you Congrats want how during of at thanks was some own do can that with to question. Hey, your Texas now expect restaurants just Texas, first you all? where on kind Maybe and Las talk go think any before if the rule. that will And

Steve Hislop

right that don't Yes, patios although XX% because the the they done down now whole mayors is maintain obviously of as a this foot us, to the But going all the the see that we're flow And everybody's distancing, by, goes of been restaurants our be to the as the we've as and far stewards time hiring these or just on forth. the price wearing and more markets we're And wanted dining people more it customers growing a that. we people and new and pushing growing see a as to so more currently. keeping going with we’ll us. customers here as governor, as employees, to comfortable probably into then masks bunch big be are all six as distancing We’ll as capacity. backwards going and to coming what in all of for we'll of to compared everybody new most and our the for through restaurants or also And go expand our coming And that and sales governor. start the get my restrictions also. with restaurants as our that be community. out, in then six we'll at get that be servers safety our in work our capacity our probably of in with And from XX% been right don't we're is changing is in information tables, Because now, get long I in initially foot in. that people come

James Rutherford

you're Is closed today? Okay, cover. due Or inflation driving the that to of will all that operating unique to of a That wage specific? the also the saw. year think to that also the see. few great yes, compared state restaurants mix were some be quarter restaurants wanted of fourth it that? seems I we since to hourly the that last I about ask what's you you've that is that maybe

Steve Hislop

about the Right? deflation? talking We you Are had deflation…

James Rutherford

I misspoke. deflation? Yes, the

Steve Hislop

get pay some And when, of you Yes, the edict, the because of to you it's in a we house. staff that people the James yeah, tips and felt when will, of the we of with it's made tell that out, mean, only, by a a increases were all lot I a, the several, were wage, and running more. if back the company-wide minimum kind a that And we the to were just know, do day, would to several And when not of home lot front there had in they to so wanted go to low the if we XXX we by house. the kids driven house. it. only go very because bucks go we front did of tips. you, tipped reduce to I walking they offset is We down

an And go they to XX, with we tip our strong. XX that hour brought there. waste, being were making more We money. had the bucks very because making so in not people And past

that a hired lot down, that's price was that have of as that strong back, bringing go. we and to [Indiscernible] we that still that have made, kind we So, still we've that people overall of that

the were we tipped to with back so the more not or him hire And statewide in wage. able line nationwide but nation specific it the yet

James Rutherford

the Okay, thank Thanks, turn you. to Thank queue. you, Jon. Steve. I'll it back

Steve Hislop

Thank you.

Operator

from will Wedbush with next Nick go Securities. come Our Setyan Please ahead. question

Nick Setyan

breakdown between on remind in? delivery third margin. now congrats And the Chuy’s sale, in you then us just can app Thanks. In great between the or off-premise walk and the And simply website? phone the the is what party

Steve Hislop

in front of that get me We here, Sure. Nick.

here. looking thing total, at looking If at let me sure you're right make I'm the

approximately in the If you're online takeout XX.X%. was quarter, fourth at looking our breakdown, total

Our X.X about about call Delivery in takeout X.X. catering XX.X. was was and was

total look you about includes that party digital, online and XX. we at are if our basically total our partner. of So delivery And digital third

and in remain we are We digital QX there, about XX.X% XX% in and total to close QX. right? Pretty

So pretty steady. that's been

well. As off-premise are XX% as at at to in we XX% we and earlier QX on in and off-premise said QX we're

Nick Setyan

of you I one-on-one Are that a way actually, to data can in the of opportunities things mix and of growth is data Understood. where terms You kind the terms some weren't do the been the signups know, going and today? mean What now do it entire that have able of the like database, customer where able the in of what rates you marketing to mine because customer gather, now? sort you of forward? in pre-COVID digital are

Steve Hislop

not lunch, Nick. they information can Maybe our you that with our it the mind not one users, lunch, that would dinner, there, once associated will still specific in has room, data. it particular I lakhs dining some we're product. tool, or that. also up users marketing a that we identify, And of management specific And identify is during of a get restaurants things data that what wisely where dinner one will on of users and that in do just There's a which we we're to lot we trying individuals. can that customer we that mind We're data can of and areas do put different attaching have that opportunities to of accumulating that And tack that database. we're more those have, lot getting for is that other on We tell it in can currently we market, today. from target CD

we're not but still, we're and it, right not it. we're use information we're that So at using we're information gather to trying today. that But still gathering

So I be should be end there, year. by be of think we'll able we there to the the

Nick Setyan

very the That’s helpful. last any on early year? for thoughts full early, and G&A just And question

Steve Hislop

I'd use a target precursor. right now. I would a use a target of kind of XXXX just a as

Nick Setyan

Okay, fair enough. Thanks so much.

Steve Hislop

Nick. Thanks,

Operator

Our come with BMO Andrew Capital Strelzik next Markets. ahead. Please question from will go

Unidentified Analyst

It's there actually environment? steeper Hey, we've the kind we I traffic, how for to do think that traffic opportunity on anticipate question check today. Or labor normalized steeper hold the guess some operating sort past which the from higher to of have others Or? you of about You more towards for but guys Thanks guys. the Andrew I trend we the those? declines. higher about I some helped is I'm obviously, evolution of the averages both seen Dan checks you've seen? second mean, back of has of a all you're obviously, of think an of recovering, as on just traffic wondering evolution how taking year, the offset And benefited over like thinking

Steve Hislop

he see bit, all distancing, me is that of lot there erode, part markets yeah, we're that mix; that currently. higher a [Indiscernible] on our is, our constants, check add foot some of selling go, the change, where and order is the that handful it of that to is also we won't that our evolution in Oh, will also. we're menu and of short menu go a mostly the not doing own and most to to mix, or I'm any it is, will actually extra have in a especially in you mix probably is a the menu moved little it's the it of is is not term, items the kits. average and because going back of logo get no And back they're we But with six mix changes away, making to see the up as

We're as have in As far for go along as that going to increase we year we price that. quarter one percent three just move did about pricing, might forward. in this a and

So a materially don't from going because little at But we going just currently, the erode where maybe move it bit, check that's up that's bit. going a to to it's average, from price our little anything took I see increase.

Jon Howie

You know, lot of X% if they've family a six period very kids. is, And percentage been and at consistent. Nick kids, the the is at family to looking it's Really, that, about those of you're X%.

in So and even still period XX, is X%.

So it really mean, dining consistent. stays just was stayed opened I to even rooms on and as totally it we've go. they've

Unidentified Analyst

wage, around guess want environment broadly. changes I then, curious labor been I'm experiencing unemployment, of but I we driving conversation have to just I about a deflation guys you're Guys, the environment. you what's that then the And some wage. on of the helpful. higher all And that? on have tech the that's minimum increasing thinking question had sort the and just labor broader more still color labor how there's Appreciate the in

in your as you a to looking marketplace what just the maybe and hire perspective kind seeing So expectations like of are labor moving you're forward? from for what you're are that

Steve Hislop

we side. difficult of front the on out to the there market really as doing be said for get right earlier, far because specifically dining It's our as now for in Obviously, hiring can't when It's The eventually move currently. very to XX% it's capacity, is I we're house be like of at our and a tough we that when into but can a now. But going we've range situation hiring six lot been of XX% patios. dining rid of we foot key of as obviously basically in dining tough. our the well the are us hiring server right

Unidentified Analyst

Got over it. turn Appreciate to back color. Thanks, it the queue. I'll the guys.

Operator

[Operator Instructions] Our C.L. Todd books Please next go ahead. come from King. from question will

Todd Brooks

to the think backside you this know on XX%. stellar what quarter in a with the of you on just of another how strong on with one, of quarter operating you backside? for I much couple on level to be of guys, to have hold of able Hey, some you're going change to hold likely another to restaurant performance. pandemic improvement initial to, you're thoughts north the really questions Any margin Jon

Jon Howie

go think And even in our open that Todd, that capacity. quarter. Texas, believe And that fourth we labor we stores at a today still the did to Steve to I this we is did XX when states. go manner to were we start to in were to going hiring quarter. as fourth I No, at the similar back point, quarter, fourth still we're they're mean, that to only in in we in full when in closed, November, capacities We're the said, enough, going have in certain up, going even December, only in though operate we similar

And with standpoint. so back as can been in dining opened the they've their is XX%. to January, third they've from And consistent and the haven't online quarter, get consistent at see, changed really, you more up mix we but still consistent, a

basis increase, to And we increase get until rooms still, that anticipate still dining XXX% say, improvement to we have still them however, that that that so we XXX in And plan the prior to can and with to up XXX, capacity, labor. years, start staffing, to maintain prior points,

Todd Brooks

gotten nine nowhere about through stores what's had the, initially any window those Great. stores? what's on made that had great. of the you the of and kind team the and That's in the been evaluating then, And looked close those in helpful. at status you the pandemic, out markets temporarily that Thanks. decisions Steve, talked Okay,

Jon Howie

take one. I'll Todd. that

think doors other that out. are get of estate this what Todd at think at as leases, well we get assessing been those closed. know, kind they're, to more what those firm this close it’s at going as do of markets, maintain haven't we the of probably we we been currently But are And, can to a those help to point able us looking we we've of some some real likely in You that point, out stores.

be like more And those now But to likely out million XX to probably we're to than to on they're that's expect us so to it's to we or going get out And looking not, XX XX. up cost we're not right open. million those basis like, conservative one of leases. get there of a between I leases, two, say, but don't thinking going may

Todd Brooks

holiday. the about gift Okay, typically or card in this know was first that model I And XX%, other redemption redeemed I'm same after of is, additional here. downside couple if year peers business window then And months that's the in could then to of We a can much the of question, some sales at what holiday. gift your year, store great. the time. factor wondering have you talk talked XX% how card about start kind down to music, business the bit the

Jon Howie

they've But sales really they were in numbers what have flat. been Todd, of I little and our been. bit They piece. a going of with don't our have me. generally significant front those affect, kind pretty But, forward. aren't they've And down sales pretty, been shouldn't pretty overall a consistent flat actually

Todd Brooks

great. into I'll back Okay, queue. the Thanks. jump

Operator

Please ahead. Chris with next Stifel. question come will go Our O'Cull from

UnidentifiedAnalyst

guys. is Hey, afternoon, actually This Alex on thanks. for Good Chris.

as Just the thinking curious, it in driving of Was kind within kind strong to relative estate core markets bad was then of these Or whole? sort what's market? the of weren't locations? of of markets the those the change real up it that your stores And sales nine level help the or system underperformance can of your rest pre-COVID? you frame a on

Steve Hislop

to a start not we we if it when really But again, have to were move we could not were performance company. there's parking it performance it's kind spreads where real went And Yes, the they And been and that's Alex, these end And into with. a to daytime pop, of with. throughout had we issue. they issue to a any pandemic areas. it's it one not in of forward. evaluating been were that ability going how them we're estate are also lot to-go stores one grow the start markets, big them, not decided time top close as the But

UnidentifiedAnalyst

Okay, lower that? of relative level XX% and any or the system, sort rest anything lower XX%, your of of underperformance like to

Jon Howie

they sales twos mid the far to as would say as high threes wise. in I were

around million. you definitely that's when X.X average or so overall prior to the And was know pandemic

UnidentifiedAnalyst

quarter-to-date Got surprised months? And and to remaining delivery usage indicate, in you range to in seems the Thanks. repeat that a you helpful. your any even January. continued level that then, reopened rooms out with XX% it? That's, in between change Do around mix in that's XX% recent off-premise carry Are as stickiness, or sales dining retention? off-premise of any have metrics

Steve Hislop

not we've our room in had Again, change as can how we far much maximize is. data any dining as metrics, really

go been we're to comfortable remains they of with that we mean and rooms, mid distancing. six as anticipate capacity the range, to that consistent as and about little a in same distancing, seen dining two getting I number at about foot expect, As several the number, I dining do mentioned get That's rooms why of months get our because that down of of go rid at foot six like, have and We a and and all XX open still bit the busier. come the We today you've that to eliminate XX% still more level. the bit tables restaurants, as inside number to you a do earlier, little put that XX%. dining

UnidentifiedAnalyst

guys. Thanks,

Steve Hislop

you. Thank

Operator

next Telsey. will with come Derrington Our Instructions] [Operator Bob ahead. go question Please from

Robert Derrington

I'm look lively I to I historically vaccinated, reopening scene. really thought And crystal bar make alcohol, been you good. that? population certainly Do thank pandemic a point And, more in adult been this, the some sales, the into have Yeah, a of given thoughts historically sales have we some on alcohol Steve. ball when under those? margins getting the towards, have think you, time. think, strong. just, more control, you've envision envision How the just as sure guess, pretty around better bar I trying beverages coming historically I'm I'm of to the out you looking And have do you

Steve Hislop

away, alcohol is gathering you'll which have I'm deep the without get not foot places, in, that too slim or none very, pleased all saying at, six bars, about with with bar. the going bar, where at three pretty I'm And talking at because I'm I'm the of sales Yes, to as we're comfortable the and goes where chairs at people the currently talking more deep bar, our bars distancing. not are that

again, like next huge thing not the in away and as two rush when to will into I'd see this is that. see month we goes see to that, foggy, So it's the it clear to anytime, quarter a we be, as don't restaurants but months, even When? mad My next ball I Apple crystal as or two.

eliminated, would will ball is bars Crowley [Ph] crystal the looking bit be more as that customers and waiting get fourth year. be this by I'm probably the the be and as opened back window a a As of little our to expectation and of in is historical their as XX% there. from to hopefully, as And grow some to quarter get distancing to area, see far XX% able us

Robert Derrington

minimum and reasonable Is at a Nacho salsa, will come see that and it approximate? back not chips or bar the we maybe it'll, likely

Steve Hislop

going move normal lot again, to that but see because reasonable, departments of it's we very it's to and our from as think we do I as allow of style foot currently, now see you'll seven. you the six aren't forward, we specials to any get you'll as health style distancing, longer and Yes, get four a us buffet a haven't rid drink back

or but in will something type an draw add added You'll not from the specials. see section future, us hour the nacho. be probably a some appetizer for That an happy of

Robert Derrington

Got you.

appreciate I Steve. Thanks, Okay. it.

Steve Hislop

Thanks, you. Bob. Thank

Operator

This closing concludes back Steve floor to session. would turn like question-and-answer I over our Hislop, any remarks. for to the

Steve Hislop

any thank appreciate so healthy Jon and Stay to a I have evening. much. Chuy’s and in available always will Again, answer and your you. you interest Thank be continued and good we all questions.

Operator

now today's has Thank presentation. attending conference you concluded. for The

You may disconnect. now

Chuy's (CHUY) 5 Mar 212020 Q4 Earnings call transcript