Texas Roadhouse’s CEO Reveals The Secrets of Bubba’s 33 Success [Forbes]
Texas Roadhouse, Inc. (TXRH)
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Source: Forbes
Texas Roadhouse’s CEO Reveals The Secrets of Bubba’s 33 Success ent Taylor, the founder and CEO of Texas Roadhouse, which has grown to 582 restaurants, is trying to duplicate his success by opening Bubba’s 33, a chain of sports bars. Bubba 33 currently has 24 locations and is owned by Texas Roadhouse, a public company. Its name stems from two factors: Bubba is Kent Taylor’s nickname, and when prohibition ended in 1933, the populace was euphoric. The first Bubba’s 33 debuted in Fayettesville, North Carolina in May 2013. in Texas Roadhouse’s (TXRH-NASDAQ) stock long-term has paid off. An investor who plunked down $100 in Texas Roadhouse on December 31, 2013, would have turned that into $204 by December 23, 2018, doubling their money. But in the last year the stock has plunged to low 50’s from a high of 75. According to Technomic’s ranking of the top 500 U.S. restaurants chains, Bubba’s 33’s revenue rose 24% in 2018. In 2018, Bubba’s 33 opened five new eateries and has plans to add fi
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News
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target raised by analysts at Citigroup Inc. from $162.00 to $178.00. They now have a "buy" rating on the stock.MarketBeat
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- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target raised by analysts at Jefferies Financial Group Inc. from $120.00 to $136.00. They now have a "hold" rating on the stock.MarketBeat
- Is Texas Roadhouse (TXRH) Stock Outpacing Its Retail-Wholesale Peers This Year? [Yahoo! Finance]Yahoo! Finance
TXRH
Earnings
- 2/15/24 - Beat
TXRH
Sec Filings
- 4/12/24 - Form PX14A6G
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- TXRH's page on the SEC website