- Shares of Texas Roadhouse (NASDAQ:TXRH) are heating up in early action after the company edged past profit estimates with its Q4 report.
- The company recorded comparable restaurant sales growth of over 4% at both franchised and company-owned outlets during the quarter to top the sector average.
- Average unit volume was up 2.3% to $1,202.
- Margins were higher for the restaurant chain as lower food costs factored in.
- Previously: Texas Roadhouse beats by $0.02, revenue in-line (Feb. 22 2016)
- TXRH +5.12% to $38.84.