Texas Roadhouse, Inc. Announces First Quarter 2017 Results
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May 2, 2017 10:27 AM EDT
Canaccord Genuity raised its price target on Texas Roadhouse (NASDAQ: TXRH) to $49.00 (from $42.00) while maintaining a Hold rating following 1Q results. TXRH reported 1Q adjusted EPS of $0.61 compared to the Street's $0.58. SSS for company stores increased +3.1%, above the Street at +1.9%.
Canaccord Genuity increased 2017 EPS... More
May 2, 2017 8:15 AM EDT
Jefferies raised its price target on Texas Roadhouse (NASDAQ: TXRH) to $40.00 (from $38.00) while maintaining a Underperform rating. TXRH reported 1Q EPS of $0.61, beating consensus of $0.58 as SSS accelerated through the quarter to finish up at 3.1%.
The company reiterated 2017 guidance. However, the expectations... More
May 1, 2017 4:05 PM EDT
Texas Roadhouse (NASDAQ: TXRH) reported Q1 EPS of $0.48, $0.10 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $567.7 million versus the consensus estimate of $560.94 million.
Comparable restaurant sales increased 3.1% at company restaurants and 3.8% at domestic franchise restaurants;Restaurant margin, as a percentage of restaurant sales, decreased 21 basis points to 19.9%, primarily driven by...
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