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Texas Roadhouse, Inc. - TXRH STOCK NEWS

Welcome to our dedicated page for Texas Roadhouse news (Ticker: TXRH), a resource for investors and traders seeking the latest updates and insights on Texas Roadhouse stock.

Texas Roadhouse, Inc. (symbol: TXRH) is a leading restaurant company primarily operating in the casual dining segment. Founded by Kent Taylor on February 17, 1993, in Clarksville, Indiana, Texas Roadhouse has grown into a celebrated brand known for its legendary food and family-friendly dining experience.

With a focus on delivering exceptional meals, Texas Roadhouse serves hand-cut steaks, award-winning fall-off-the-bone ribs, fresh-baked bread, and made-from-scratch sides. The company operates under three main segments: Texas Roadhouse, Bubba's 33, and others, with the Texas Roadhouse segment generating the maximum revenue.

Texas Roadhouse is not just a steakhouse; it’s a community hub where families come together to enjoy great meals at an affordable price. The brand is deeply integrated into the communities it serves, featuring iconic elements like 'Andy the Armadillo' and active involvement from dedicated employees known as 'Roadies.'

Recent achievements include financial growth with an increase in quarterly dividends by 11% to $0.61 per share. The company's robust financial performance is reflected in its latest quarterly results and optimistic 2024 outlook.

The company offers an array of employee benefits including medical, dental, and vision insurance, a 401(k) retirement plan, and short-term disability insurance, underscoring its commitment to its workforce.

Stay updated with Texas Roadhouse's latest news, financial results, upcoming projects, and more for valuable insights into the company's ongoing developments and performance.

Rhea-AI Summary
Texas Roadhouse, Inc. (TXRH) announced an 11% increase in quarterly dividend to $0.61 per share. Financial results showed a 15.3% revenue growth for the 13 weeks ended December 26, 2023, with net income up by 21.0%. The company saw a 10.6% increase in income from operations and a 21.3% rise in diluted earnings per share. Comparable restaurant sales increased, and the company opened new restaurants. The outlook for 2024 includes positive sales growth, menu price increase, and capital expenditure plans.
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Texas Roadhouse, Inc. (TXRH) will release its fourth quarter 2023 financial results on February 15, 2024, after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of the Company's website. Listeners may also access the call by dialing (888) 440-5667 or (646) 960-0476 for international calls. A replay of the call will be available until February 22, 2024.
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Texas Roadhouse, Inc. (TXRH) approves $0.55 per share cash dividend, to be distributed on December 26, 2023
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Texas Roadhouse reports financial results for Q3 2023 with double-digit sales growth and increased guest counts. The company is on track to open a record number of locations this year. Outlook for 2023 includes positive sales growth, store week growth, and inflation in commodity costs and labor. Initial expectations for 2024 also positive with sales growth and inflation in costs.
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Texas Roadhouse to release Q3 2023 financial results on October 26, 2023
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Texas Roadhouse, Inc. (TXRH) announces a cash dividend of $0.55 per share of common stock, to be distributed on September 26, 2023, to shareholders of record on September 6, 2023.
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Texas Roadhouse announces the hiring of Chris Monroe as Chief Financial Officer, effective June 28, 2023. Monroe brings over 34 years of financial experience, including 30 years at Southwest Airlines.
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Texas Roadhouse, Inc. announces cash dividend payment of $0.55 per share of common stock.
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FAQ

What is the current stock price of Texas Roadhouse (TXRH)?

The current stock price of Texas Roadhouse (TXRH) is $181.38 as of December 20, 2024.

What is the market cap of Texas Roadhouse (TXRH)?

The market cap of Texas Roadhouse (TXRH) is approximately 12.2B.

What does Texas Roadhouse, Inc. specialize in?

Texas Roadhouse, Inc. specializes in casual dining, offering hand-cut steaks, award-winning ribs, fresh-baked bread, and made-from-scratch sides.

When was Texas Roadhouse founded?

Texas Roadhouse was founded by Kent Taylor on February 17, 1993, in Clarksville, Indiana.

What are the operating segments of Texas Roadhouse, Inc.?

The company's operating segments include Texas Roadhouse, Bubba's 33, and others, with the Texas Roadhouse segment generating the most revenue.

What recent financial achievements has Texas Roadhouse made?

Texas Roadhouse recently increased its quarterly dividend by 11% to $0.61 per share and reported strong financial results in its latest quarterly earnings.

What benefits does Texas Roadhouse offer to its employees?

The company offers benefits including medical, dental, and vision insurance, a 401(k) retirement plan, and short-term disability insurance.

What is the significance of 'Andy the Armadillo' in Texas Roadhouse?

'Andy the Armadillo' is a mascot that symbolizes the brand's fun, family-friendly dining experience and community involvement.

How does Texas Roadhouse integrate into local communities?

Texas Roadhouse actively participates in community events and encourages its employees, known as 'Roadies,' to engage with their local communities.

What is Texas Roadhouse's approach to food quality?

Texas Roadhouse prides itself on offering legendary food, including hand-cut steaks, fall-off-the-bone ribs, fresh-baked bread, and made-from-scratch sides.

Where can I find the latest news and updates about Texas Roadhouse?

You can find the latest news, financial results, and updates about Texas Roadhouse on their official website and financial news platforms like StockTitan.

What is the 2024 outlook for Texas Roadhouse?

Texas Roadhouse has an optimistic outlook for 2024, with plans for continued financial growth and community engagement.

Texas Roadhouse, Inc.

Nasdaq:TXRH

TXRH Rankings

TXRH Stock Data

12.17B
66.38M
0.5%
95.95%
2.42%
Restaurants
Retail-eating Places
Link
United States of America
LOUISVILLE