Texas Roadhouse Inc is a popular restaurant chain that specializes in American cuisine, particularly focusing on hand-cut steaks, fresh-baked bread, and a lively dining atmosphere
The company is known for its signature offerings such as its USDA Choice steaks, ribs, and made-from-scratch sides, all served in a casual, family-friendly environment. Texas Roadhouse also emphasizes strong customer service and often features live country music to enhance the dining experience. With a commitment to quality food and a welcoming environment, the chain has expanded its presence across numerous locations throughout the United States and beyond.
Texas Roadhouse delivered a strong quarterly performance with significant growth in revenue and profitability, bolstered by strategic expansions, despite ongoing inflationary pressures.
Restaurant company Texas Roadhouse (NASDAQTXRH) announced better-than-expected revenue in Q4 CY2024, with sales up 23.5% year on year to $1.44 billion. Its GAAP profit of $1.73 per share was 5.4% above analysts’ consensus estimates.
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Texas Roadhouse has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 11.7% to $191.24 per share while the index has gained 11.9%.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Texas Roadhouse (NASDAQTXRH) and the best and worst performers in the sit-down dining industry.