The last few years have brought unprecedented challenges to the restaurant industry, but many dining-out companies are adapting and are back in growth mode again.
Suburban America steakhouse chain Texas Roadhouse (NASDAQ: TXRH) is one such restaurant. Sales and profits were up a healthy amount in the third quarter of 2022. This comes in spite of one of the highest inflation rates in decades, which typically puts a cap on household spending on things like eating out.
If a dividend-growth stock is what you want to order, here's why Texas Roadhouse is worth considering.
For further details see:
This Dividend-Growth Stock Is a Top Buy