Texas Roadhouse, Inc. has recently released its 10-K report, providing a comprehensive overview of the company's operations and financial performance. Texas Roadhouse operates casual dining restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten international locations. The company was founded in 1993 and has since grown to 784 restaurants, including company-owned and franchise locations.
In its 10-K report, Texas Roadhouse highlighted its long-term strategies for growing earnings per share and creating shareholder value. These strategies include expanding the restaurant base, maintaining or improving restaurant-level profitability, leveraging scalable infrastructure, and returning capital to shareholders through dividends and stock repurchases. In 2024, the company opened 31 company restaurants, while franchise partners opened 14 restaurants.
Key measures used by Texas Roadhouse to evaluate its business include comparable restaurant sales, average unit volume, store weeks and new restaurant openings, and restaurant margin. Comparable restaurant sales reflect changes in sales for all company restaurants across concepts, while average unit volume represents the average annual restaurant sales for Texas Roadhouse and Bubba's 33 restaurants. Additionally, the company uses store weeks to measure the number of weeks that all company restaurants were open during the reporting period.
The 10-K report also provides detailed financial and operating data, including key definitions such as restaurant and other sales, franchise royalties and fees, food and beverage costs, restaurant labor expenses, rent expense, other operating expenses, pre-opening expenses, depreciation and amortization expenses, and impairment and closure costs.
Today the company's shares have moved 2.8% to a price of $182.81. If you want to know more, read the company's complete 10-K report here.
