TXRH Stock Earnings: Texas Roadhouse Beats EPS, Beats Revenue for Q1 2024
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So kick back, relax, and take a peek at what one of America's most beloved steakhouses has to offer. Oddly enough, one of the best things to eat at Texas Roadhouse happens to be something you don't have to pay for, which come in the form of the complimentary fresh rolls and honey cinnamon butter. The amazingness of these rolls stems from the fact that the restaurant bakes them fresh every five minutes, which ensures an exceptionally soft serving every single time.
Texas Roadhouse History
Tonight I had the pork chop that used to be very thick and juicy. Tonight it was kinda thin and dried out like you can get at every other restaurant and the reason many people resist ordering pork chops at restaurants. Not sure who, and by what thought process thought this change was a good idea.
Texas Roadhouse Cons
Lastly, management returned $147m in the form of dividends, completed $50m of share buybacks and paid down the remaining $50m of bank debt. The company turned in $1.32 billion in revenues for the quarter, a 12.5% year-over-year increase. Comp store sales were up 8.4% at company-owned restaurants driven by 4.3% traffic growth and a 4.1% increase in check. As the TikTokers mentioned, each family-sized meal also comes with a choice of a House or Caesar salad, four individual side dishes, and a whole lot of fresh rolls. You can also add a side order of shrimp or ribs for an additional fee. In our 20+ year experience of visiting Texas Roadhouse across the country we only once or twice encountered an owner/partner as engaged as Brittany.
Is Texas Roadhouse Only In Texas?
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Texas Roadhouse would have to build the same quality standard in every new spot. To counter this, the restaurant can consider building new locations to balance the crowd. A side of applesauce or sauteed onions is your best bet for a sweeter touch to your meal.
Put more goodness on your plate and keep more money in your wallet with the delights here from the early dine menu. Menu items will only cost you between $9.49 and $9.99 in most locations (a small handful are $10.99 and $11.99 in Alaska and California). The biggest Texas Roadhouse is located in Lubbock, Texas. The place tends to get rowdy and loud during busy nights, true to its Texas theme.
It seems the quality of the meat…
Do you like your steak fried up like your chicken and coated in smooth country gravy? You can't beat the freshness of the in-house gravy made from scratch. On top of that, your waiter will also come by with a basket of freshly-baked homey bread rolls. Served with the rolls is a ramekin filled with cinnamon butter. Texas Roadhouse spared no expense when it comes to its meat supply. The chain restaurant spends at least one billion dollars every year on meat for all locations combined.
Fans of Texas Roadhouse are quick to claim that the restaurant whips up some of the tastiest ribs around. 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. It consisted of fresh-tasting greens, tomatoes, hard-boiled eggs, cheese, and croutons. To get a feel for the appetizers at Texas Roadhouse, we chose a $13 combo platter of potato skins, fried pickles, and Rattlesnake Bites (fried cheese and jalapeño). The rolls were on par with any bread service I'd had at a chain restaurant.
When the salad is well-mixed, every bite packs a punch of big flavors. It doesn't get much better than crunchy greens, perfectly cooked steak, and homemade dressing. When you want to enjoy the hearty beefiness of a great steak but you're also craving some fresh veggies, look no further than the steak filet salad at Texas Roadhouse.
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The impact for customers is better service and for workers, this means that they can manage these restaurants better due to greater visibility and more streamlined operations. For shareholders, this leads to more volumes that can be dealt with, hence greater revenues and greater margins due to running these restaurants more efficiently. This will continue as management signalled that approximately 200 existing Texas Roadhouses will be converted to a digital kitchen in 2024 driving the efficiencies of these restaurants. It seems the quality of the meat entrees is going down.
Instead of buying bags of frozen, pre-made country fried steak (as many other restaurants often do), the steakhouse takes the time to cut its sirloin fresh on site. Then the kitchen breads each cut of sirloin by hand and whips up a creamy country gravy from scratch. The end result is a crispy country fried steak bursting with tenderness and flavor that's bound to knock your socks off. The next time you're in the mood for steak and you find yourself at Texas Roadhouse, consider treating yourself to this heavy hitter.
In addition, management is focusing on ensuring that technology helps their restaurants. They offer a digital waitlist and a mobile application. 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 addition, digital kitchens use digital displays, which essentially enables kitchens to run more efficiently and more calmly.
Restaurant-level margins increased to 17.4% from 15.9% last year. Finally, nine company restaurants and three franchised restaurants were opened during the quarter, en route to about 30 expected for the full year. She said that her family meal had a base price of $45, and that “there’s tax and tip on top of it,” which brought the total to $55.
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After all, the restaurant chain is prized for its hand-cut steaks and fall-of-the-bone ribs. According to a server who allegedly works at Texas Roadhouse, the chicken critter salad is one of the best things on the menu. It's easy to see why since you can't really go wrong with sizzling strips of fried chicken. So the next time you find yourself at a Texas Roadhouse with a big appetite, don't sleep on the salad section — there's plenty to choose from that will fill you up. If there's a more delicious way to get your greens in, we aren't aware of it. The side selections included salads, mac and cheese, applesauce, mixed vegetables, chili, and even a baked potato.
Apart from that, depending on where each location is, Texas Roadhouse likes to cater its restaurant design to the local communities. Stick around to learn more about the famed restaurant chain. Whether you’re looking to satisfy a steak craving or searching for a hearty meal, Texas Roadhouse is your best bet. For the price, we got two rounds of drinks, an appetizer, four entrées, and a dessert. The dish featured a giant chocolate brownie topped with vanilla ice cream and chocolate sauce.
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