Texas Roadhouse, Inc. Announces Second Quarter 2016 Results

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Go back to Texas Roadhouse, Inc. Announces Second Quarter 2016 Results

RBC Capital Raises Price Target on Texas Roadhouse (TXRH) to $46; Remains Sidelined

August 2, 2016 7:11 AM EDT

RBC Capital reiterated a Sector Perform rating on Texas Roadhouse (NASDAQ: TXRH), and raised the price target to $46.00 (from $44.00), following the company's 2Q earnings report. The raise in price target and EPS estimates reflect stronger margins from beef deflation through 2017.

Analyst David... More

Jefferies Maintains Bearish View on Texas Roadhouse (TXRH) on SSS Slowdown and Wage Pressure

August 2, 2016 6:55 AM EDT

Jefferies analyst Andy Barish reiterated an Underperform rating and $37 price target on Texas Roadhouse (NASDAQ: TXRH) as 2Q SSS was in line at +4.5% and better COGs drove modest EPS upside, but both key metrics decelerating/less favorable near term.

commented, "With SSS... More

Texas Roadhouse (TXRH) Tops Q2 EPS by 2c, Offers Guidance

August 1, 2016 4:04 PM EDT

Texas Roadhouse (NASDAQ: TXRH) reported Q2 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $509 million versus the consensus estimate of $509.93 million.

Comparable restaurant sales growth of 4.5% at company restaurants and 2.6% at franchise... More