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) is a casual dining restaurant company whose news flow reflects its focus on restaurant operations, growth, and capital allocation. The company operates the Texas Roadhouse, Bubba’s 33, and Jaggers concepts, and reports on both company-operated and franchised restaurants in the United States and abroad. News updates frequently describe system-wide restaurant counts across 49 states, one U.S. territory, and ten foreign countries, highlighting ongoing development and franchise activity.
Investors following TXRH news can expect regular coverage of quarterly and annual financial results, where the company reports total revenue, income from operations, net income, and diluted earnings per share. These releases provide detail on comparable restaurant sales, average weekly sales, to-go sales, restaurant margin, and store week growth. Management commentary in these updates often addresses commodity inflation, wage and labor trends, and the company’s approach to maintaining its value proposition and operational focus.
News items also cover capital allocation decisions, including quarterly cash dividend declarations and stock repurchase authorizations. The Board of Directors has approved recurring cash dividends and has authorized stock repurchase programs, and these actions are disclosed through press releases and 8-K filings.
Another key category of TXRH news involves development and franchise acquisitions. The company announces the opening of new company restaurants and franchise restaurants and provides updates on acquisitions of domestic franchise locations, including the number of units acquired and the role of these acquisitions in store week growth.
Corporate governance and leadership changes are reported through 8-K filings and related announcements. Recent news has detailed executive appointments and role changes, such as the appointment of a Chief Financial Officer, Chief Accounting and Financial Services Officer, Chief Growth Officer, and Executive Vice Chairman, as well as Board appointments and succession planning steps.
In addition, brand and retail news appears in partnership announcements, such as the launch of licensed Texas Roadhouse dairy dips manufactured and distributed by West Madison Foods. These stories highlight how the company extends its brand beyond restaurant walls. For ongoing insight into TXRH’s performance, strategy, and brand initiatives, readers can review the latest news items and earnings releases associated with Texas Roadhouse, Inc.
Texas Roadhouse (NasdaqGS: TXRH) is set to release its third quarter 2022 financial results on October 27, 2022, after market close. Following the release, a conference call will take place at 5:00 PM ET, which will be available for live streaming on the investor relations section of the company's website. Interested parties can also join the call by dialing specified numbers, with a replay accessible until November 3, 2022.
On August 11, 2022, Texas Roadhouse (Nasdaq: TXRH) announced a cash dividend of $0.46 per share of common stock. This dividend will be distributed on September 23, 2022, to shareholders of record as of September 7, 2022. Established in 1993, Texas Roadhouse has expanded to over 680 restaurants across 49 states and 10 foreign countries.
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.
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