Q: Hi Pat: I would appreciate your recommendation on Texas Roadhouse. Is it okay to continue to hold given the expected increase in labour costs? Thanks.
A: Texas Roadhouse, $46.48, symbol TXRH on Nasdaq (Shares outstanding: 70.4 million; Market cap: $3.2 billion; www.texasroadhouse.com), is a full-service, casual-dining restaurant chain with over 510 locations across 49 U.S. states, with five locations in the Middle East. Its restaurants operate under the Texas Roadhouse (498 locations) and Bubba’s 33 (12) brands. Most outlets are company-owned.
Texas Roadhouse offers moderately priced, full‑service dining and specializes in hand‑cut steaks cooked over an open grill. Ribs, seafood, chicken, pork chops, pulled pork and vegetable plates are also on the menu, along with hamburgers, salads and sandwiches. Texas Roadhouse gives its guests a free unlimited supply of roasted in-shell peanuts and fresh-baked dinner rolls.
Bubba’s 33 is a family-friendly sports restaurant offering an assortment of wings, sandwiches, pizza and burgers. That includes its signature 33% bacon-grind patty. In addition, the chain offers an extensive selection of draft beer.
Texas Roadhouse is currently testing its mobile app in the Houston market. The app lets customers get on…
Privacy Policy and Terms of Use
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What personal information do we collect?
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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Legal Notices and Disclaimers
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