LOUISVILLE, Ky., Nov. 08, 2024 (GLOBE NEWSWIRE) -- On November 7, 2024, the Board of Directors of Texas Roadhouse, Inc. (Nasdaq: TXRH) authorized the payment of a cash dividend of $0.61 per share of common stock. This payment will be distributed on December 31, 2024, to shareholders of record at the close of business on December 10, 2024.
Texas Roadhouse has shown remarkable growth since its IPO, expanding from 162 to nearly 775 units and achieving a 15-fold increase in market value. Q3 2024 saw an 8.5% growth in comparable sales, driven by a 3.8% increase in traffic and a 4.7% rise in average check per guest. The company maintains strong performance through conservative pricing strategies and effective human capital management,...
Texas Roadhouse's customer loyalty and satisfaction have driven its stock to double, outperforming the market despite industry concerns and temporary margin hits. The company's Q3 earnings report showed strong revenue growth, increased restaurant margins, and a significant rise in diluted EPS, signaling robust fundamentals. Texas Roadhouse's strategic focus on small, consistent price increases ...
Texas Roadhouse NASDAQ: TXRH is a highly valued stock, but it is valued that way because it is the leading restaurant player and has ample growth potential to drive long-term shareholder value increases. The initial reaction to the Q3 results was tepid, but it was nothing more than a meh reaction to solid results and not an indication that the market was topping.
Texas Roadhouse, Inc. (NASDAQ:TXRH ) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Michael Bailen - Head, Investor Relations Jerry Morgan - Chief Executive Officer Chris Monroe - Chief Financial Officer Conference Call Participants Katherine Griffin - Bank of America Jake Bartlett - Truist Securities Brian Bittner - Oppenheimer Eric Gonzalez - KeyBanc Jim Sal...
LOUISVILLE, Ky., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 and 39 weeks ended September 24, 2024.
Texas Roadhouse is near its all time high as it tries to break out at 177.72. Steady growth in sales and earnings have lifted the stock 46% year to date.
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