Shares of Texas Roadhouse (TXRH) nudge up 0.5% AH after the firm reports a $0.03 Q3 earnings...


Shares of Texas Roadhouse (TXRH) nudge up 0.5% AH after the firm reports a $0.03 Q3 earnings beat on in-line revenue. The company saw comparable restaurant sales jump 4.2% Y/Y for the the first four weeks of Q4, and forecasts 25 restaurant openings next year. A major challenge for management in FY12 will be food cost inflation - slated to fall in a range of 7.0% to 9.0%.

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