Texas Roadhouse, Inc. Announces Third Quarter 2015 Results

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Texas Roadhouse (TXRH) Anticipates Low Food Costs in 4Q; RBC Capital Raises Price Target to $41

November 3, 2015 7:45 AM EST

RBC Capital reiterated a Sector Perform rating on Texas Roadhouse (NASDAQ: TXRH), and raised the price target to $41.00 (from $40.00), as food cost deflation is anticipated to be in single-digits next year. While 3Q food inflation of 6% was likely higher than expected, the... More

Texas Roadhouse (TXRH) Misses Q3 EPS by 1c, Offers Outlook

November 2, 2015 4:05 PM EST

Texas Roadhouse (NASDAQ: TXRH) reported Q3 EPS of $0.29, $0.01 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $438.1 million versus the consensus estimate of $438.04 million.

Comparable restaurant sales increased 6.9% at company restaurants and 7.7% at franchise restaurants.

2015 Outlook

The Company reported... More