TXRH / Texas Roadhouse (TXRH) Upgraded to Buy: Here's Why

Texas Roadhouse, Inc. (NASDAQ:TXRH ) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET Company Participants Michael Bailen - Head, IR Jerry more_horizontal

While the top- and bottom-line numbers for Texas Roadhouse (TXRH) give a sense of how the business performed in the quarter ended September 2023, it c more_horizontal

Outside of a brief dividend suspension in the three quarters of 2020 following COVID-19 becoming a pandemic, Texas Roadhouse has been an excellent div more_horizontal

Texas Roadhouse just came off a strong Q2 and noted that early Q3 traffic was encouraging, but industry-wide traffic has turned decidedly negative sin more_horizontal

Texas Roadhouse operates restaurants in the US and is expanding internationally through franchising, similar to what the company did before to expand more_horizontal

Texas Roadhouse's excellent fundamentals propelled revenue and earnings much higher in its fiscal Q2. The company's dividend still has plenty of poten more_horizontal

The headline numbers for Texas Roadhouse (TXRH) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile t more_horizontal

Texas Roadhouse, Inc. (NASDAQ:TXRH ) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET Company Participants Michael Bailen - Head, IR Jerry Mo more_horizontal