MARKET COMPOSITE
TXRH - Texas Roadhouse Inc7:59:57 PM 4/18/2024
Price
$150.45
+ 1.06 (0.71%)
Texas Roadhouse is an American chain restaurant that specializes in steaks around a Western theme and is a subsidiary of Texas Roadhouse Inc, which is headquartered in Louisville, Kentucky. The chain operates about 563 locations in 49 U.S. states and in Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, Qatar, the Philippines, Mexico, Taiwan, and South Korea. It is known for its free buckets of peanuts at each table along with free dinner bread rolls. Texas Roadhouse was founded on February 17, 1993, at the Green Tree Mall in Clarksville, Indiana; across the Ohio River from Louisville. Founder W. Kent Taylor lived in Colorado and worked at nightclubs and restaurants there, having aspirations to attend a culinary school. In 1990, Taylor returned to his hometown of Louisville. He began work as a Kentucky Fried Chicken manager, and had dreams to open a Colorado-themed restaurant. Former Kentucky Governor John Y. Brown, Jr. helped Taylor fulfill his dream by backing him with $80,000. In 1991, Taylor opened Buckhead Hickory Grill, the chain that would eventually become Buckhead Mountain Grill. Taylor was his own executive chef. Brown invested more money and wanted to open a second store in Clarksville, but complications in the partnership caused it to fall apart.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.2B+4%
Gross Profit183.7MM-
Cost Of Revenue980.7MM+3%
Operating Income83.8MM+13%
Operating Expenses99.9MM-
Net Income--
G&A49.8MM+4%
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