Texas Roadhouse Inc

TXRH

Equity

ISIN US8826811098 / Valor 1859142

NASDAQ (2024-11-22)

USD 194.90+1.22%

Texas Roadhouse Inc
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About company

Texas Roadhouse Inc. is a restaurant company primarily operating in the casual dining segment, founded in 1993 by W. Kent Taylor. The company has expanded to include three concepts, with a total of 741 restaurants system-wide in 49 states and ten foreign countries as of December 26, 2023. The company's main brand, Texas Roadhouse, is the most prominent, with 686 locations, along with 45 Bubba’s 33 restaurants and ten Jaggers restaurants.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Total Revenue

Texas Roadhouse, Inc. reported total revenue of $1,341,202,000 for the second quarter of 2024, a significant increase from $1,171,203,000 in the same quarter of the previous year. This growth reflects a robust performance in restaurant and other sales.

Net Income

For the second quarter of 2024, Texas Roadhouse, Inc. achieved a net income of $120,141,000, up from $82,271,000 in the second quarter of 2023. This 46.0% increase underscores the company's improved profitability.

Comparable Restaurant Sales

Texas Roadhouse, Inc. saw a 9.3% increase in comparable restaurant sales at company restaurants and an 8.3% increase at domestic franchise restaurants during the second quarter of 2024. This growth was driven by higher average guest checks and improved labor productivity.

Diluted Earnings Per Share

In the second quarter of 2024, Texas Roadhouse, Inc. reported diluted earnings per share of $1.79, a 46.4% increase from $1.22 in the same period of the previous year. This rise was primarily due to higher restaurant margin dollars, despite increased general and administrative expenses.

Capital Allocation

During the second quarter of 2024, Texas Roadhouse, Inc. allocated capital expenditures of $77.8 million, paid dividends amounting to $40.7 million, and repurchased common stock worth $26.2 million. These investments reflect the company's commitment to growth and shareholder returns.

Summarized from source with an LLMView Source

Key figures

74.1%1Y

117%3Y

237%5Y

Performance

23.7%1Y

31.3%3Y

40.7%5Y

Volatility