Texas Roadhouse: Earnings Jump 60%

Texas Roadhouse (NASDAQ:TXRH), the steakhouse chain known for its hand-cut steaks and made-from-scratch sides, recently announced financial results for its fourth quarter of 2024 on Feb. 20, 2025. The key highlight from the earnings release was a revenue increase of 23.5% to $1.44 billion, compared to the prior year's $1.16 billion. This boost was partly due to an additional week in the reporting period. The company's performance was still notable, with earnings per share (EPS) rising 60.1% to $1.73. Overall, the quarter was marked by robust growth and strategic restaurant openings.Texas Roadhouse is a popular casual dining chain specializing in steakhouse-style meals with a focus on freshly prepared, high-quality food. The company operates both company-owned and franchise restaurants across several states and international locations. In its recent business strategy, Texas Roadhouse has emphasized expansion and restaurant development as a core growth driver. In 2024, the company expanded its portfolio by opening 31 company-run and 14 franchise locations. Strategic site selection and adapting restaurant prototypes have been critical to its success. Food quality and operational consistency remain cornerstones, with proprietary recipes and rigorous training contributing to brand image. In an effort to manage costs and combat rising inflation, the company relies on a competitive pricing strategy while ensuring quality standards.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool