Most latest Figure Make This Stock Even More prominent: Texas Roadhouse Inc (NASDAQ: TXRH)

Texas Roadhouse Inc (NASDAQ: TXRH) remained among the day losers and traded with change of -1.16% on volume of 1,101,610 shares in the last session as compared to average volume of 952261 shares. During last trade its minimum price was $57.88 and it gained highest price of $59.56. TXRH has total market capitalization of $4038926489. Its closing value stands at $58.19.

Texas Roadhouse, Inc. (TXRH) recently reported financial results for the 13- and 39-week periods ended September 24, 2019.

Results for the third quarter included the following highlights:

• Comparable restaurant sales increased 4.4% at company restaurants and 3.2% at domestic franchise restaurants;
• Restaurant margin, as a percentage of restaurant and other sales, increased 49 basis points to 16.7%, as lower cost of sales Because of the benefit of a higher average check was partially offset by higher labor costs driven by wage rate and other inflation.  Restaurant margin dollars increased 12.7% to $108.0M from $95.8M in the previous year;
• Diluted earnings per share increased 29.1% to $0.52 from $0.40 in the previous year as higher restaurant margin dollars and a decrease in certain general and administrative expenses were partially offset by higher depreciation and amortization expense;
• Four company restaurants, including one Bubba’s 33 restaurant, and two international franchise restaurants were opened; and
• The Company repurchased 358,381 shares of ordinary stock for $18.9M.

Results for the year-to-date period included the following highlights:

• Comparable restaurant sales increased 4.8% at company restaurants and 4.0% at domestic franchise restaurants;
• Restaurant margin, as a percentage of restaurant and other sales, reduced 46 basis points to 17.4%, as higher labor costs driven by wage rate and other inflation was partially offset by lower cost of sales Because of the benefit of a higher average check.  Restaurant margin dollars increased 6.9% to $351.3M from $328.6M in the previous year;
• Diluted earnings per share increased 3.9% to $1.85 from $1.78 in the previous year;
• 11 company restaurants, including one Bubba’s 33 restaurant, and six, primarily international, franchise restaurants were opened; and
• The Company repurchased 2,455,058 shares of ordinary stock for $131.0M.

TXRH has a gross margin of 67.90% and an operating margin of 7.00% while its profit margin remained 5.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 22.50% for this year while earning per share for the next 5-years is expected to reach at 9.20%.  The price moved ahead of 11.08% from the mean of 20 days, 11.46% from mean of 50 days SMA and performed 3.92% from mean of 200 days price. Company’s performance for the week was 2.99%, 17.77% for month and YTD performance remained -2.53%.