Your Ultimate Guide to Texas Roadhouse

Table Of Content

• Based on our experience, I’m not sure we’d return to Texas Roadhouse.
• TXRH Stock Earnings: Texas Roadhouse Beats EPS, Beats Revenue for Q1 2024
• Operations and marketing
• Zacks Research is Reported On:
• Curious about Texas Roadhouse (TXRH) Q1 Performance? Explore Wall Street Estimates for Key Metrics
• Introduction and Performance
• Services

Taylor was able to convince Dr. Rhodes and two of his colleagues to invest $100,000 each in 1992. 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.[8] In 1991, Taylor opened Buckhead Mountain Grill.[9] 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.

Based on our experience, I’m not sure we’d return to Texas Roadhouse.

Throw in a zesty dipping sauce and this dish provides some top-tier snackage. With so many great chain restaurants out there, Texas Roadhouse just didn't feel like a place I'd be in a hurry to dine at again. My friend joked the pork chop was so delicious she might order a few through Texas Roadhouse's curbside pickup for a family dinner. Brown had elected to pursue another steak concept without Taylor, leaving Taylor with the decision to either stay committed to Buckhead or attempt to start a new business.

TXRH Stock Earnings: Texas Roadhouse Beats EPS, Beats Revenue for Q1 2024

Overall, though, Texas Roadhouse was far from my favorite chain restaurant. We've had much better meals at other chains, and my husband and I agreed we'd prefer higher-quality food if we're going to rack up a $165 bill for dinner. Analysts' assessment points toward 'Restaurants at the end - Company - Texas Roadhouse' reaching 588.

Operations and marketing

Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer. Based on the collective assessment of analysts, 'Store weeks - Company restaurants' should arrive at 8,310. Compared to the present estimate, the company reported 7,900 in the same quarter last year.

Pair these lusciously glazed ribs with a baked potato and some buttered corn and you'll be in heaven. If you ask us for our two pennies, we tend to think that burgers at steakhouses are underrated. Sure, steakhouses are obviously known for their steaks — which we love and enjoy — but lots of steakhouses also make sure to have a few top-notch burgers on the menu, too. And when it comes to handheld fare from the grill, the classic bacon cheeseburger reigns supreme.

Curious about Texas Roadhouse (TXRH) Q1 Performance? Explore Wall Street Estimates for Key Metrics

In my opinion, TXRH is still a relatively young company and can open many more restaurants before it saturates the market. Given the Texas Roadhouse brand has only 686 stores, it is clear that the number can increase much more before they saturate the market. In addition, Bubba's 33 and Jaggers are much smaller brands and can significantly increase their stores from where they are today. For 2024, management indicated that they are expecting around 30 company-owned restaurants and 14 restaurants from franchisees. Overall restaurant units indicate that they have a long runway before the market becomes saturated. The company turned in $1.32 billion in revenues for the quarter, a 12.5% year-over-year increase.

The complimentary rolls were warm and tasted fresh, but we didn't get the hype or why they had so many copycat recipes online. At $7 each, we were pleased with everything about the drink, from its summertime flavors to the delicious Tajin rim. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. According to the collective judgment of analysts, 'Restaurants at the end - Franchise - Total' should come in at 108.

That said, let's delve into the average estimates of some Texas Roadhouse metrics that Wall Street analysts commonly model and monitor. The consensus EPS estimate for the quarter has undergone an upward revision of 1.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

In just about every other form (raw, sauteed, caramelized, and roasted), they bring some flavor to the table, but it's nothing to write home about. But when an immense onion takes a plunge into some seasoned batter and gets deep-fried until it's crunchy and golden brown, there's some inexplicably delicious magic going on. The end result is a soft and sweet interior encased in a crispy, salted shell that provides some truly mouthwatering textural contrast.

Revenue grew by 15% year over year to $4.6bn and earnings per share grew by 14.3% to $4.5 per share. Average weekly sales across all brands increased by 10.1% to $144,000 with guest numbers increasing by 5.4%. The company opened 30 new restaurants owned by the business, and franchisees opened another 15 restaurants in 2023.

Texas Roadhouse beats Outback Steakhouse - Quartz

Texas Roadhouse beats Outback Steakhouse.

Posted: Fri, 23 Feb 2024 08:00:00 GMT [source]

With its focus on freshness, Texas Roadhouse has created a menu with tons of other tasty dishes. We're here to help and happy to shine a light on some of the restaurant's tastiest creations. So kick back, relax, and take a peek at what one of America's most beloved steakhouses has to offer. In addition, management is focusing on ensuring that technology helps their restaurants. They also started to implement technologies into their kitchens, making them digital kitchens. All of these elements are targeted to improve customer or worker experience and, in my opinion, are key to their continuous success.

In a way, it's like a microcosm of planet Earth on your plate as land-roaming fare and sea creatures converge on a circular orb. Perhaps no dish better exemplifies the bounty of the modern age more deliciously than this. Served with the same peppercorn sauce I requested with my steak, the pork chop looked beautiful with its grill marks and was cooked to the perfect temperature. The $14 grilled pork chop my best friend ordered was the star of the meal.

Texas Roadhouse is 'very happy with the consumer right now' - Nation's Restaurant News

Texas Roadhouse is 'very happy with the consumer right now'.

Posted: Fri, 16 Feb 2024 08:00:00 GMT [source]

The next time you're in the mood for steak and you find yourself at Texas Roadhouse, consider treating yourself to this heavy hitter. Paired with a couple of sides like mashed potatoes and fresh vegetables, the country fried sirloin is a truly glorious feast. In fact, this dish is so good that some diners will order more to take home for later after finishing a whole plate at the restaurant. If there's any dish on the menu that can spark a wildly ravenous appetite, it's this one. Our rating is based on the growth potential we see in TXRH and the fact that management did a great job in building a strong, profitable business. Shareholders should keep an eye on new openings and same-restaurant sales growth to determine if TXRH faces any challenges.

The Texas Roadhouse iteration comes with a thick, juicy burger patty, melted slices of creamy American cheese, and crackling strips of bacon along with a pickle spear and steak fries on the side. Diners rave about how excellent the bacon cheeseburger is, which should come as no surprise, considering the focus on freshness at Texas Roadhouse. If you're in the mood for some beef but not exactly up to the task of taking down a steak, opting for the bacon cheeseburger is an extremely wise move. We had high hopes for the beloved fresh rolls and cinnamon-honey butter at Texas Roadhouse, but I left wondering why they're such a fan favorite.

In his vision, the founder wanted to develop ten locations in ten years with $300,000. Perhaps mixed veggies are a poor side choice at Texas Roadhouse, but at least he tried to get some broccoli and carrots into his diet. The Roadhouse Corporation supports the homebuilding programs Habitat for Humanity International and Homes For Our Troops.[20] The company also sponsors a road cycling team of about 20 cyclists.

Other options include their Road Kill, which is a hamburger steak topped with mushrooms, onions, and cheese. Subsequently, these improvements catalyzed Texas Roadhouse’s growth. Before the southern-themed restaurant, Taylor founded a different restaurant. Apart from that, depending on where each location is, Texas Roadhouse likes to cater its restaurant design to the local communities.