Tue, Aug. 2, 9:17 AM
- Gainers: SINO +64%. ESEA +28%. ADXS +25%. TRXC +25%. TOPS +17%. CTRV +17%. CGNX +15%. CBIO +12%. AMKR +12%. SODA +11%. PSTI +10%. VGZ +8%. AVP +8%. KOOL +8%. MNK +7%. GKOS +7%. HZNP +6%. OGEN +6%. OCN +6%. WMB +6%. STX 5%. ROSG 6%. NYRT 5%. INO 5%.
- Losers: IDTI -13%. TXRH -10%. ANGO -9%. GLOP -8%. ALLT -6%.
Mon, Aug. 1, 5:37 PM
Mon, Aug. 1, 4:08 PM
- Texas Roadhouse (NASDAQ:TXRH) reports comparable restaurant sales increased 4.5% at company-owned stores and 2.6% at franchised outlets in Q2.
- The company saw its restaurant margin rate was up 302 bps to 19.2%, with lower food costs a factor.
- Looking ahead, Texas Roadhouse sees food cost deflation of 2.5% to 3.0% this year, a larger benefit than the 1% to 2% drop that was originally anticipated.
- Previously: Texas Roadhouse beats by $0.02, misses on revenue (Aug. 1)
- TXRH -4.40% AH to $45.60.
Tue, May 10, 5:53 PM
- Alaska Air Group (NYSE:ALK) has moved up another 1% after hours on news that it's headed to the S&P 500, replacing SanDisk (SNDK +1.4%), which is set to be acquired by Western Digital on Thursday.
- Correspondingly, Texas Roadhouse (NASDAQ:TXRH) has gained 1.3% postmarket as it leaves the SmallCap 600 to replace Alaska Air Group in the MidCap 400, and Cavco Industries (NASDAQ:CVCO) has jumped 7.3% as it heads into the SmallCap 600 to replace Texas Roadhouse.
- The moves are set after the close of trading on Thursday, to coincide with the closure of the SanDisk acquisition.
- Now read A Strong Quarter For Alaska Bodes Well For The Virgin America Acquisition »
Mon, May 2, 4:17 PM
Tue, Feb. 23, 8:37 AM
- 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.
Mon, Feb. 22, 5:45 PM
Mon, Feb. 22, 4:05 PM
- Texas Roadhouse (NASDAQ:TXRH): Q4 EPS of $0.32 beats by $0.02.
- Revenue of $454.35M (+12.3% Y/Y) in-line.
- Shares +2.5%.
Nov. 5, 2015, 2:11 PM
- The restaurant sector is having a rough earnings season in general. Noodles (NDLS -11%) and Papa John's (PZZA -3.7%) were two of the latest to disappoint, after Buffalo Wild Wings (BWLD -1.2%) and Chipotle (CMG -0.3%) set a negative tone last week.
- Shares of Popeyes Louisiana Kitchen (PLKI -7.7%) trade at their lowest level of the year. The company reports earnings on November 11. Analysts expect revenue of $61M and EPS of $0.44.
- Other leading decliners today include Jack in the Box (JACK -4.3%), Chuy's Holdings (CHUY -4.5%), Texas Roadhouse (TXRH -4%), and Sonic (SONC -2.9%).
- Many of the names have been trading off due to labor wage pressure and lower Q3 traffic than anticipated.
- A surprising outlier in the sector has been McDonald's (MCD +0.2%) which has doubled up the return of the S&P 500 over the last month. Habit Restaurants (HABT +8.2%) is also in rally mode following earnings.
Nov. 2, 2015, 4:09 PM
- Texas Roadhouse (NASDAQ:TXRH) reports comparable-restaurant sales rose 6.9% at company restaurants and 7.7% at franchised outlets in Q3.
- Restaurant contribution margin rate fell 22 bps to 16.6% as higher wages factored in.
- Cost of sale +10 bps to 36.1% of sales.
- Labor costs +30 bps to 29.8% of sales.
- Guidance: The company expects positive comparable restaurant sales growth in 2016. 25 to 30 restaurants openings are forecast.
- Previously: Texas Roadhouse misses by $0.01, revenue in-line (Nov. 02 2015)
- TXRH +2.83% after hours to $36.00 on light volume.
May 5, 2015, 10:07 AM
- Texas Roadhouse (TXRH +4.9%) trades higher after a narrow EPS beat with its Q1 report.
- The company delivered an 8.9% increase in comparable-store sales at company restaurants and an 8.0% gain at franchised outlets.
- Sales volume helped reduce the impact of commodity inflation, although the restaurant margin rate was still down 20 bps Y/Y to 19.0%.
- Texas Roadhouse expects to open 25 to 30 restaurants this year.
Apr. 29, 2015, 1:22 PM
- Restaurants stocks are falling harder than broad market averages with disappointing reports from Buffalo Wild Wings and Panera Bread raising some concerns.
- Increasing labor and commodity costs are seen as a threat to margins across the group.
- Today's GDP report may also be a factor in the sector falling out of favor for the day.
- Decliners include Denny's (DENN -7%), Krispy Kreme Dougnuts (KKD -5.6%), Red Robin Gourmet Burgers (RRGB -5.9%), Kona Grill (KONA -6.6%), Texas Roadhouse (TXRH -5.9%), Jack in the Box (JACK -4.6%), Bloomin' Brands (BLMN -4.7%), El Pollo Loco (LOCO -4.6%), and Cracker Barrel (CBRL -4.8%).
- Even momentum-fueled Chipotle (CMG -1.7%) and Habit Restaurants (HABT -1.7%) are peeling off some gains, while Shake Shack (NYSE:SHAK) is proving harder to knock down and is +0.2% on the day.
- Previously: Panera Bread -2% after sluggish earnings print (April 28)
- Previously: Buffalo Wild Wings slumps with chicken wing and labor costs a concern (April 28)
Apr. 20, 2015, 5:38 PM
Feb. 24, 2015, 10:53 AM
- Restaurant stocks are out-performing market averages again as more chains report improved comparable-restaurant sales growth.
- The read on Q1 is that pricing and traffic trends are strong, despite what some broad measures of overall consumer confidence show.
- The $2 gas benefit is believed by analysts to have had a greater impact on restaurant spending than other areas of retail.
- Gainers include Luby's (LUB +4.9%), Cosi (COSI +5.4%), Rave Restaurant Group (RAVE +4.5%), Texas Roadhouse (TXRH +2.4%), Krispy Kreme Dougnuts (KKD +2.8%), Popeyes Louisian Kitchen (PLKI +1.7%), Bob Evans Farms (BOBE +1.1%), Darden Restaurants (DRI +1.4%).
- Even McDonald's (MCD +0.8%), which trailed the Q4 comp average in the sector by a wide margin, is out ahead of the S&P 500.
- Previously: Cracker Barrel +4.1% after traffic accelerates and guidance lifted
Feb. 23, 2015, 4:16 PM
- Texas Roadhouse (NASDAQ:TXRH) reports comparable-restaurant sales rose 7.0% at company-operated outlets and 5.7% at franchised locations during Q4.
- Food cost inflation hit the company's bottom line with restaurant-level operating margin off 47 bps to 16.5%.
- Guidance: The company expects to open 25 to 30 restaurants this year. Capex spending of $135M to $145M seen. Q1 comps are +12% after 7 weeks.
- TXRH -1.24% after hours.
Feb. 20, 2015, 5:37 PM
Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names. The company also offers... More
Country: United States