TXRH Stock Recent News

Texas Roadhouse has been on a roll, showing industry-leading results while peers are struggling. The performance didn't go unnoticed, with shares outperforming the market and reaching elevated multiples. I expect the company to miss next quarter's revenue estimates, as temporary tailwinds will soon become headwinds.

LOUISVILLE, Ky., Aug. 09, 2024 (GLOBE NEWSWIRE) -- On August 8, 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 September 24, 2024, to shareholders of record at the close of business on September 4, 2024.

Casual dining restaurant operator Texas Roadhouse Inc. NASDAQ: TXRH is an anomaly among dine-in restaurants. It continues to post impressive results, as evidenced by its solid Q2 2024 earnings report.

Texas Roadhouse (TXRH) is well positioned to outperform the market, as it exhibits above-average growth in financials.

People bought less booze at Texas Roadhouse (TXRH) last quarter, and the steakhouse chain thinks that might be the case for a while.

While the top- and bottom-line numbers for Texas Roadhouse (TXRH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Texas Roadhouse, Inc. (NASDAQ:TXRH ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Michael Bailen - Head of Investor Relations Jerry Morgan - Chief Executive Officer Chris Monroe - Chief Financial Officer Conference Call Participants Jake Bartlett - Truist Securities Brian Bittner - Oppenheimer David Tarantino - Baird Brian Harbour - Morgan Stanley Jim Salera - Stephens Elliott Simon - Evercore ISI Lauren Silberman - Deutsche Bank Peter Saleh - BTIG Dennis Geiger - UBS Jeff Farmer - Gordon Haskett Andrew Strelzik - BMO Capital Markets Jon Tower - Citigroup Chris O'Cull - Stifel Gregory Francfort - Guggenheim Securities Logan Reich - RBC Capital Markets Jim Sanderson - Northcoast Research Brian Vaccaro - Raymond James Sara Senatore - Bank of America Operator Good evening, and welcome to the Texas Roadhouse Second Quarter Earnings Conference Call. Today's call is being recorded.

Texas Roadhouse (TXRH) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.22 per share a year ago.

LOUISVILLE, Ky., July 25, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 and 26 weeks ended June 25, 2024.

Texas Roadhouse's (TXRH) second-quarter performance is likely to have benefited from store expansions, solid Bubba's 33 and Jaggers performance and strategic menu pricing.