Texas Roadhouse: Rekindling Growth Potential

May 23, 2021 3:00 PM ETTexas Roadhouse, Inc. (TXRH) StockTXRH

Summary

  • Texas Roadhouse, Inc. has already bounced back from the disruptions of the pandemic.
  • Quarterly dividend payments increased to $0.40 per share.
  • The stock price continues to increase despite the potential overvaluation.
  • Restaurants may observe higher demand as the vaccination and the reopening of the economy speed up.

Texas Roadhouse Rolls with Cinnamon Honey Butter in a basket.;
Photo by colinhui/iStock via Getty Images

Texas Roadhouse, Inc. (NASDAQ: TXRH) made a comeback with its impeccable 1Q results. The pandemic initially hurt its operations, but its durability and resilience prevailed. With the potential reopening of the economy, growth prospects become more

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