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. (TXRH) delivers a distinctive casual dining experience through its legendary hand-cut steaks, made-from-scratch sides, and lively atmosphere. This page provides investors and industry observers with timely access to the company news and regulatory filings that matter most.
Track official TXRH press releases, quarterly earnings reports, and strategic initiatives in one centralized location. Stay informed about leadership updates, menu innovations, and operational developments directly from the source. Our curated feed ensures you never miss critical announcements affecting the casual dining sector.
Key updates include financial results, restaurant expansion plans, community engagement efforts, and industry recognition. Bookmark this page for streamlined access to Texas Roadhouse's evolving story, supported by verified information and transparent reporting.
Texas Roadhouse, Inc. (NASDAQ: TXRH) has announced that it will release its first quarter 2023 financial results on May 4, 2023, following the market's close. A conference call is scheduled for 5:00 PM ET to discuss the results, and it will be accessible via webcast on the company's investor relations website. Interested parties can also join the call by phone, with a replay available until May 11, 2023. Founded in 1993, Texas Roadhouse operates over 700 locations across 49 states and 10 countries, focusing on the casual dining sector. The company invites shareholders and investors to engage in the call to gain insights into its financial performance.
Texas Roadhouse reported strong financial results for the 13 and 52 weeks ended December 27, 2022, with total revenue of $1.01 billion for Q4 and $4.01 billion for the year, reflecting increases of 12.7% and 15.9%, respectively. Net income rose by 12.8% in Q4 to $59.87 million, with diluted earnings per share growing 17.4% to $0.89. The company announced a 20% increase in its quarterly dividend to $0.55 per share and plans to open 25 to 30 new restaurants in 2023. Comparable restaurant sales grew 15.8% in the first quarter of 2023, supported by a planned 2.2% menu price increase.
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