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.
Texas Roadhouse (TXRH) reported Q2 2022 total revenue of $1.02 billion, up 14% from Q2 2021, and year-to-date revenue of $2.01 billion, an 18.4% increase. Net income for Q2 was $72.4 million, down 4.1% year-over-year, with diluted EPS at $1.07, a 0.8% decline. Comparable restaurant sales grew by 7.6% in Q2 and 11.7% year-to-date. The company opened five new restaurants and repurchased 1.67 million shares. Despite commodity inflation of 11.8% affecting margins, Texas Roadhouse remains optimistic about its development pipeline and shareholder value.
Texas Roadhouse, Inc. (NasdaqGS: TXRH) will release its second quarter 2022 financial results on July 28, 2022, after market close. A conference call is scheduled for 5:00 PM ET to discuss the results, available via webcast on the company's investor relations website. Interested listeners can join by dialing (888) 440-5667 or (646) 960-0476 for international access, referencing the Texas Roadhouse second quarter earnings. A replay will be available until August 8, 2022.
Texas Roadhouse operates over 670 restaurants across 49 states and ten countries, highlighting its significant growth in the casual dining segment since its inception in 1993.
On May 12, 2022, Texas Roadhouse (Nasdaq: TXRH) announced a cash dividend of $0.46 per share, set to be distributed on June 24, 2022. Shareholders of record as of the close of business on June 8, 2022 will receive this payment. The company operates 670 restaurants across 49 states and ten foreign countries, continuing its growth since opening in 1993.
Texas Roadhouse reported robust financial results for the 13 weeks ending March 29, 2022, with a 23.3% increase in total revenue to $987.5 million. Net income rose 17.2% to $75.2 million, driving diluted earnings per share to $1.08, an 18.5% increase year-over-year. Comparable restaurant sales saw a 16.0% increase at company locations. Despite challenges from commodity inflation of 17.0%, the company opened five new restaurants and maintained a solid cash position of $325.7 million. The board approved a $300 million stock repurchase program, reinforcing shareholder confidence.
Texas Roadhouse (TXRH) will announce its first quarter 2022 financial results on May 5, 2022, after market close. A conference call is scheduled for 5:00 PM ET, available via webcast on their investor relations website. For those wishing to participate via phone, they can call (888) 440-5667 for domestic or (646) 960-0476 for international access. A replay of the call will be available until May 12, 2022.
With over 670 locations in 49 states and ten countries, Texas Roadhouse has continued its expansion since its inception in 1993.
Texas Roadhouse reported strong financial results for Q4 2021, boasting a total revenue of $895,586, a 40.4% increase from 2020. The company achieved a net income of $53,058 and diluted earnings per share of $0.76, marking a 171.7% rise year-over-year. Comparable restaurant sales rose significantly, with company locations seeing a 33.1% increase. The company also announced a 15% increase in its quarterly dividend to $0.46 per share. With a solid cash position of $335.6 million, Texas Roadhouse is poised for growth in 2022, planning to open 25 new locations despite ongoing commodity inflation.
Texas Roadhouse (TXRH) will release its fourth quarter 2021 financial results on February 22, 2022, after market close. A conference call will take place at 5:00 PM ET, available via webcast on the company's investor relations website. Investors can also join the call by dialing specific numbers for domestic and international access, with a replay option until March 3, 2022. Texas Roadhouse operates over 660 restaurants across 49 states and ten countries, providing a casual dining experience since its establishment in 1993.
Texas Roadhouse has partnered with Sparkfly to enhance its guest experience by integrating in-store and online point-of-sale systems. The collaboration aims to create a comprehensive digital ecosystem that connects purchases and offers through the brand's mobile app. Sparkfly's offer management platform will enable Texas Roadhouse to provide real-time personalized offers, improving customer engagement. The restaurant chain operates over 611 locations globally and is renowned for its hand-cut steaks and lively atmosphere.
Texas Roadhouse (Nasdaq: TXRH) announced a cash dividend of $0.40 per share on November 11, 2021. This dividend will be paid on December 23, 2021, to shareholders of record by the close of business on December 8, 2021. Texas Roadhouse operates 660 restaurants across 49 states and 10 countries and is known for its casual dining experience.
Texas Roadhouse (TXRH) reported robust financial results for Q3 2021, with total revenue reaching $868.9 million, up 37.7% from 2020. Net income surged 80% year-over-year to $52.6 million, translating to diluted earnings per share of $0.75. Comparably, year-to-date revenue rose to $2.57 billion, a 45.9% increase.
The company opened seven new restaurants and resumed stock repurchases, acquiring 161,034 shares. However, they faced challenges with 13.9% commodity inflation and increased general and administrative expenses impacting margins.
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