Texas Roadhouse stock falls after company misses Q3 views [MarketWatch]
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: MarketWatch
Texas Roadhouse stock falls after company misses Q3 views Shares of Texas Roadhouse Inc. TXRH, -0.46% fell more than 10% in the extended session Monday after the restaurant chain reported earnings below Wall Street expectations and sales largely in line with expectations. Texas Roadhouse said it earned $29 million, or 40 cents a share, in the quarter, compared with $31 million, or 43 cents a share, in the year-ago period. Revenue rose 10% to $594.6 million from $541 million. Analysts polled by FactSet had expected earnings of 54 cents on sales of $594.2 million. The company pinned the drop in profit to higher labor costs and higher general and administrative expenses partially offset by higher revenues and lower income tax expenses. Shares ended the regular trading day down 0.5%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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TXRH
News
- 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
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- Sparkfly and Olo Team Up to Revolutionize Guest Engagement [Yahoo! Finance]Yahoo! Finance
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its price target raised by analysts at Morgan Stanley from $135.00 to $145.00. They now have an "equal weight" rating on the stock.MarketBeat
- Texas Roadhouse, Inc. (NASDAQ: TXRH) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $150.00 price target on the stock.MarketBeat
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