Texas Roadhouse, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 26, 2023
October 26, 2023 at 04:03 pm EDT
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Texas Roadhouse, Inc. reported earnings results for the third quarter and nine months ended September 26, 2023. For the third quarter, the company reported revenue was USD 1,121.75 million compared to USD 993.3 million a year ago. Net income was USD 63.79 million compared to USD 62.33 million a year ago. Basic earnings per share from continuing operations was USD 0.96 compared to USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 0.93 a year ago.
For the nine months, revenue was USD 3,467.31 million compared to USD 3,005.39 million a year ago. Net income was USD 232.45 million compared to USD 209.95 million a year ago. Basic earnings per share from continuing operations was USD 3.47 compared to USD 3.09 a year ago. Diluted earnings per share from continuing operations was USD 3.46 compared to USD 3.08 a year ago.
Texas Roadhouse, Inc. is a restaurant company, which operates predominately in the casual dining segment. The Company maintains three restaurant concepts operating as Texas Roadhouse, Bubbaâs 33 and Jaggers. Its Texas Roadhouse is a full-service, casual dining restaurant concept offering an assortment of specially seasoned and aged steaks hand-cut daily on the premises and cooked to order over open grills. Its Bubbaâs 33 is a full-service, casual dining restaurant concept featuring scratch-made food for all with a little rock 'n' roll, ice-cold beer, and signature drinks. Its Jaggers is a fast-casual restaurant concept offering burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces. Bubbaâs 33 restaurant consists of a freestanding building with approximately 7,600 square feet with seating for approximately 270 to 330 guests. It operates approximately 582 Texas Roadhouse restaurants, 45 as Bubbaâs 33 restaurants and eight as Jaggers restaurants.
TEXAS ROADHOUSE, INC. 
