Texas Roadhouse Q4 2022 Earnings Report
Key Takeaways
Texas Roadhouse announced financial results for the fourth quarter of 2022, which ended on December 27, 2022. The company reported a record year in 2022, with revenue exceeding $4 billion and experiencing double-digit bottom line growth despite significant cost pressures. The company is planning to open a record number of systemwide locations across all of its brands in 2023.
Texas Roadhouse had a record year in 2022 with over $4 billion in revenue.
The company experienced double-digit bottom line growth despite significant cost pressures.
A quarterly cash dividend of $0.55 per share of common stock was authorized, representing a 20% increase from 2022.
The company plans to open a record number of systemwide locations across all of its brands in 2023.
Texas Roadhouse
Texas Roadhouse
Forward Guidance
Management updated the following expectations for 2023: