Chili's is America's unlikeliest restaurant comeback story [CNN]
Texas Roadhouse, Inc. (TXRH)
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Source: CNN
It's America's hottest restaurant chain, a sentence that hasn't been uttered since NSYNC sang its baby back ribs jingle in a 2002 commercial. For years, Chili's, a purveyor of greasy American staples, was losing out to flashier and more up-to-date restaurants like Olive Garden and Texas Roadhouse when customers wanted a casual and inexpensive dinner out with the family. Chili's was doing just about everything wrong. Its advertising was focused on discounts , biting into profits. That meant it couldn't invest in modernizing its restaurants, upgrading its menu and keeping its staff happy, leading employees to head for the exits. The slow service and outdated atmosphere frustrated customers. “We were very much on a strategy of just trying to be the lowest price out there,” Kevin Hochman , Chili's president and CEO of its parent company Brinker International, said in an interview with CNN. “That made it very difficult for us to make the needed investments in labor and in the restaur
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News
- Chili's is America's unlikeliest restaurant comeback story [CNN]CNN
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $200.00 price target on the stock.MarketBeat
- Trump's deportations could shake up the restaurant industry, but Wall Street isn't worried [USA TODAY]USA TODAY
- I spent $150 at one of the best steakhouses in Atlanta. If it had locations up north, I'd eat there for every anniversary. [Business Insider]Business Insider
- Texas Roadhouse (TXRH): Buy, Sell, or Hold Post Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
TXRH
Earnings
- 10/24/24 - Miss
TXRH
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 144
- 11/13/24 - Form 4
- TXRH's page on the SEC website