It's great that you got a raise, but it just might hurt the stock market and the economy [USA TODAY]
Texas Roadhouse, Inc. (TXRH)
Last texas roadhouse, inc. earnings: 2/20 04:03 pm
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Source: USA TODAY
It's great that you got a raise, but it just might hurt the stock market and the economy CLOSE As a new round of tariffs by China take effect, trade-dependent state braces for more impacts on its economy. (May 29) AP CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Blue Label Labs That’s the good news. The downside is that the salary increases hurt profits, forcing the New York City-based company to lay off several employees, among other strategies. “It has created some stress and anxiety,” says Jordan Gurrieri, co-founder and chief operating officer of Blue Label, which has about 22 staff members. It also has about 40 contract employees. The strong U.S. economy and 3.6% unemployment rate – a 50-year low – have spurred worker shortages that finally have triggered faster wage growth. Americans are spending those bigger paychecks, further bolstering the economy, or socking away some of the cash for retirement. Yet pay increases are accelerating just as business revenue growth is slowing. As a
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TXRH
News
- Texas Roadhouse CEO Jerry Morgan goes one-on-one with Jim Cramer [CNBC]CNBC
- Lanham estate sold for $6.89 million [Yahoo! Finance]Yahoo! Finance
- Over a dozen businesses opened in Central Pennsylvania last month; what are they? [Yahoo! Finance]Yahoo! Finance
- What restaurants are open, closed on Thanksgiving? Details on Starbucks, Cracker Barrel, more [USA TODAY]USA TODAY
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target lowered by analysts at Loop Capital from $215.00 to $209.00. They now have a "buy" rating on the stock.MarketBeat
TXRH
Earnings
- 10/24/24 - Miss
TXRH
Sec Filings
- 11/1/24 - Form 4
- 11/1/24 - Form 10-Q
- 10/24/24 - Form 8-K
- TXRH's page on the SEC website