How long has Texas Roadhouse been in business?

Texas Roadhouse, Inc. is a growing restaurant company operating predominantly in the casual dining segment. Our late founder, W. Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse in Clarksville, Indiana. Since then, the Company has grown to three concepts.

How many countries is Texas Roadhouse in?

Texas Roadhouse is a growing restaurant company operating predominantly in the casual dining segment that first opened in 1993 and today has grown to over 750 restaurants system-wide in 49 states and ten foreign countries.

What company owns Texas Roadhouse?

Vanguard owns the most shares of Texas Roadhouse (TXRH). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Does Willie Nelson own Texas Roadhouse?

In 2002, Nelson signed a deal to become an official partner of Texas Roadhouse. Since then, Nelson has heavily promoted the chain, including a special on Food Network. Willie Nelson is the owner of the Texas Roadhouse in South Austin, TX.

What are the changes coming to Texas Roadhouse in 2024?

Per the outlet, Texas Roadhouse will also begin to build bigger, with new locations planned to be 10% larger than locations constructed before the COVID-19 pandemic. Eat This, Not That reported that the extra space will be utilized to expand the back-of-house and dedicated to-go areas.

Is Texas Roadhouse actually Texan?

Home Sweet Home: Texas Roadhouse is based in Louisville, Kentucky. The company's first restaurant was founded across the Ohio River in nearby Clarksville, Indiana, in 1993.

When did Texas Roadhouse become a thing?

Company Description: Texas Roadhouse opened its doors in 1993. Since then, the company has grown to more than 580 locations in 49 states and 22 international locations in nine foreign countries. Texas Roadhouse is famous for its hand-cut steaks, fall-off-the-bone ribs, made-from-scratch sides, and fresh-baked bread.

Where is the biggest Texas Roadhouse in the US?

The biggest Texas Roadhouse in the world is in Lubbock, Texas.

Where was the first ever Texas Roadhouse?

Kent Taylor opened the first Texas Roadhouse in Clarksville, Indiana, in 1993.

Wedbush Raises Texas Roadhouse's PT to $160 From $145 After Higher-Than-Expected Q4 2023 Earnings, Notes 'Strong' Start to 2024; Keeps Outperform Rating (2024)

Real-time Estimate Cboe BZX Other stock markets 12:45:47 2024-02-16 pm EST			5-day change	1st Jan Change
147 ^USD	+9.78%		+9.08%	+20.23%

05:56pm	UBS Raises Texas Roadhouse Price Target to $155 From $145, Maintains Buy Rating	MT
04:28pm	Baird Raises Price Target on Texas Roadhouse to $160 From $144, Maintains Neutral Rating	MT

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Latest news about Texas Roadhouse, Inc.

UBS Raises Texas Roadhouse Price Target to $155 From $145, Maintains Buy Rating	11:56am	MT
Baird Raises Price Target on Texas Roadhouse to $160 From $144, Maintains Neutral Rating	10:28am	MT
Guggenheim Adjusts Price Target on Texas Roadhouse to $155 From $130, Maintains Buy Rating	10:27am	MT
Loop Capital Raises Price Target on Texas Roadhouse to $165 From $130, Maintains Buy Rating	10:25am	MT
BMO Capital Adjusts Price Target on Texas Roadhouse to $130 From $110, Maintains Market Perform Rating	10:24am	MT
Loop Capital Adjusts Price Target on Texas Roadhouse to $165 From $130, Maintains Buy Rating	10:24am	MT
BMO Capital Adjusts Price Target on Texas Roadhouse to $130 From $110, Maintains Market Perform Rating	10:24am	MT
Stephens Raises Price Target on Texas Roadhouse to $135 From $105, Maintains Equal-Weight Rating	10:19am	MT
Deutsche Bank Adjusts Texas Roadhouse Price Target to $162 From $145, Maintains Buy Rating	10:10am	MT
Truist Securities Raises Price Target on Texas Roadhouse to $152 From $137, Maintains Buy Rating	10:00am	MT
Morgan Stanley Raises Price Target on Texas Roadhouse to $135 From $124, Keeps Equalweight Rating	07:47am	MT
Wedbush Raises Texas Roadhouse's PT to $160 From $145 After Higher-Than-Expected Q4 2023 Earnings, Notes 'Strong' Start to 2024; Keeps Outperform Rating	06:37am	MT
Transcript : Texas Roadhouse, Inc., Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Texas Roadhouse Q4 Earnings, Revenue Rise; Ups Dividend	Feb. 15	MT
Texas Roadhouse Guides For 2024 Positive Comparable Restaurant Sales Growth Including Benefit of 2023 Menu Pricing Actions	Feb. 15	MT
Earnings Flash (TXRH) TEXAS ROADHOUSE Reports Q4 Revenue $1.16B, vs. Street Est of $1.16B	Feb. 15	MT
Texas Roadhouse, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 26, 2023	Feb. 15	CI
Texas Roadhouse, Inc. Provides Earnings Guidance for the Year 2024	Feb. 15	CI
Texas Roadhouse, Inc. Announces Quarterly Dividend, Payable on March 26, 2024	Feb. 15	CI
RBC Boosts Price Target on Texas Roadhouse to $126 From $101, Keeps Sector Perform Rating	Jan. 25	MT
	Jan. 24	DJ
JPMorgan Chase Upgrades Texas Roadhouse to Neutral From Underweight, Sets Price Target at $120	Jan. 23	MT
Truist Securities Adjusts Texas Roadhouse Price Target to $137 From $130, Maintains Buy Rating	Jan. 22	MT
UBS Ups Price Target on Texas Roadhouse to $145 From $120, Keeps Buy Rating	Jan. 03	MT
Texas Roadhouse Insider Sold Shares Worth $591,300, According to a Recent SEC Filing	Dec. 21	MT

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Company Profile

Texas Roadhouse, Inc. is a restaurant company, which operates predominately in the casual dining segment. The Company owns and operates approximately 597 restaurants and franchised an additional 100 restaurants in 49 states and ten foreign countries. It operates approximately 552 Texas Roadhouse restaurants, 40 as Bubba's 33 restaurants and five as Jaggers restaurants. Texas Roadhouse is a full-service, casual dining restaurant concept offering an assortment of specially seasoned and aged steaks hand-cut daily on the premises and cooked to order over open grills. Bubba's 33 is a family-friendly restaurant concept featuring scratch-made food for all with a rock 'n' roll, ice-cold beer and signature drinks. Bubba's 33's menu features burgers, pizza and wings, as well as a variety of appetizers, sandwiches and dinner entrees. Jaggers is a fast-casual restaurant concept offering burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces.

Sector

Calendar

2024-05-01 - Q1 2024 Earnings Release (Projected)

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Analysis / Opinion

Texas Roadhouse, Inc. : Roadtrip to the carnivores August 17, 2023 at 10:51 am EDT

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Ratings for Texas Roadhouse, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

133.9USD

Average target price

133.3USD

Spread / Average Target

-0.40%

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Quarterly earnings - Rate of surprise

Company calendar

Sector Commercial Food Services

	1st Jan change	Capi.
TEXAS ROADHOUSE, INC.	+20.23%	8 942 M$
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ZENSHO HOLDINGS CO., LTD.	-10.53%	6 730 M$
SSP GROUP PLC	-4.09%	2 247 M$
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BRINKER INTERNATIONAL, INC.	+6.16%	1 975 M$
THE CHEESECAKE FACTORY INCORPORATED	+0.51%	1 772 M$
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CREATE RESTAURANTS HOLDINGS INC.	-1.19%	1 478 M$
TONGQINGLOU CATERING CO., LTD.	-9.76%	997 M$

Commercial Food Services

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Stock Texas Roadhouse, Inc. - Nasdaq
News Texas Roadhouse, Inc.
Wedbush Raises Texas Roadhouse's PT to $160 From $145 After Higher-Than-Expected Q4 2023 Earnings, Notes 'Strong' Start to 2024; Keeps Outperform Rating

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