TXRH News and Press, Texas Roadhouse Inc. From 07/07/22

LOUISVILLE, Ky., July 07, 2022 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH) announced today that it will release second quarter 2022 financial results on Thursday, July 28, 2022 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from t...

MCD and TXRH offer a low stock correlation within their industry. MCD has been increasing its margins more than TXRH and can pass onto customers price increases that outpace inflation. MCD is not as exposed to beef price as TXRH. MCD's franchising business model offers reliabl...

Bank of America started off coverage on Texas Roadhouse (NASDAQ:TXRH) with a Buy rating on Monday. The firm views the restaurant operator company positively given what it sees as "achievable/conservative" same-store sales growth expectations in for the second half of the year and margin tailw...

Citi analyst Jon Tower lowered the firm's price target on Texas Roadhouse (TXRH) to $103 from $107 and keeps a Buy rating on the shares. Given the recent rise in inflation, the expectation of higher interest rates and the impact on market multiples, the analyst reduced price targets for ...

Brinker International (NYSE:EAT) stock is nearing the low-end of its 52-week trading range as Citigroup cut price target on the stock and rated it as Neutral/High Risk. Citi's rating is in line with SA Quant rating of Hold, but is in contrast to SA Authors' Rating of Buy. The restaurant ...

Restaurant stocks are overlooked defensive options as consumers are hit by inflation, according to Barclays analyst Jeffrey Bernstein. He wrote in a note to clients on Thursday that while restaurants fall under the consumer discretionary category, they are about as close to a staple as stocks...

F1Q2022 revenues of ~$987 million were ~$13 million above analyst projections. Earnings Per Share of $1.08 came in ahead of consensus estimates by $0.17. With a view to protect margins, the firm increased menu prices by 3.2%. We’re maintaining our 1-year Price Target of...

With increasing health-related illnesses, there is growing awareness about having a healthy diet, and thus the healthy food market has huge potential. Sweetgreen is not operationally profitable. The company faces increasing competition on digital channels, which may continue to ne...

Per Bank of America, restaurant spending is proving resilient to inflationary pressures thus far. A new research report based upon credit and debit card data from the bank reflects a sharp improvement in the month of April on a three-year basis. While restaurant spending fell slightly year ov...

Texas Roadhouse (NASDAQ:TXRH) declares $0.46/share quarterly dividend, in line with previous. Forward yield 2.41% Payable June 24; for shareholders of record June 8; ex-div June 7. See TXRH Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Texas Roadhouse ...