Restaurants Continue to Serve Sales Growth: 5 Stocks to Buy [Yahoo! Finance]
Texas Roadhouse, Inc. (TXRH)
Last texas roadhouse, inc. earnings: 2/20 04:03 pm
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US:NASDAQ Investor Relations:
investor.texasroadhouse.com/investor-relations
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Source: Yahoo! Finance
U.S. restaurants saw sales growing at a rapid pace in 2023 in a major turnaround and the trend has continued into 2024. Restaurant sales totaled $94.3 billion in April, jumping 5.5% on a year-over-year basis. Overall restaurant sales from February through April totaled $36.7 billion. While the retail sector had a rough ride in 2023 and is still struggling to stage a comeback this year owing to inflation, food and drinking places are witnessing steady growth. This is courtesy of an increasing number of Americans still spending lavishly on eating out. However, high prices are posing a threat to sales, prompting restaurant operators to combat the issue. They are focusing on digital innovation, striving to boost sales, and implementing cost-cutting measures, which are aiding the industry's recovery. Due to the growing importance of the Internet, digital innovation has become crucial. Revenues have risen as major restaurant chains frequently use delivery services and online platfor
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TXRH
News
- Texas Roadhouse inches closer to Lancaster County opening [Yahoo! Finance]Yahoo! Finance
- Slim Chickens to open this summer in Warner Robins. Macon, Perry stores coming, too [Yahoo! Finance]Yahoo! Finance
- Is Texas Roadhouse, Inc. (NASDAQ:TXRH) Worth US$168 Based On Its Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Best Momentum Stocks to Buy for June 7th [Yahoo! Finance]Yahoo! Finance
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target raised by analysts at Royal Bank of Canada from $165.00 to $175.00. They now have a "sector perform" rating on the stock.MarketBeat
TXRH
Earnings
- 5/2/24 - Beat
TXRH
Sec Filings
- 5/30/24 - Form 4
- 5/28/24 - Form 144
- 5/22/24 - Form 4
- TXRH's page on the SEC website