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Texas Roadhouse missed earnings expectations despite 12.7% revenue growth and paid a $0.68 dividend.
Texas Roadhouse reported second-quarter earnings of $1.86 per share, slightly below expectations, on $1.51 billion in revenue, a 12.7% year-over-year increase.
The company, operating 49 U.S. locations and 10 international sites under its Texas Roadhouse, Bubba's 33, and Jaggers brands, paid a $0.68 quarterly dividend, resulting in a 1.6% annual yield.
Institutional investor GPM Growth Investors reduced its stake by 364 shares, while insider selling totaled 8,342 shares.
The stock trades at $174.31 with a market cap of $11.58 billion, a P/E ratio of 26.61, and a "Moderate Buy" analyst consensus with a $196.16 target.
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Texas Roadhouse no cumplió con las expectativas de ganancias a pesar del crecimiento de ingresos del 12,7% y pagó un dividendo de $ 0,68.