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

|About: Texas Roadhouse, Inc. (TXRH)|By:, SA News Editor

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%.