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Texas Roadhouse announced strong Q4 2021 results, driven by the hard work and commitment of its operators. The company is well-positioned to continue growing sales, build new restaurants, and handle the current inflationary environment.
Texas Roadhouse had a historic year in terms of guests served and operating results.
Strong cash flow generation allowed the company to open new stores, pay quarterly cash dividends, and repurchase shares.
A significant portion of outstanding debt was repaid during the year.
The company is well-positioned to continue growing sales, build new restaurants, and handle the current inflationary environment in 2022.
Management updated the following expectations for 2022: