Topic: How To Invest

Q: Pat: I’m interested in getting your opinion on this Texas Roadhouse (TXRH) stock. The chain has an interesting concept.

Article Excerpt

A: Texas Roadhouse, $57.16, symbol TXRH on Nasdaq (Shares outstanding: 71.4 million; Market cap: $4.1 billion; www.texasroadhouse.com), is a full-service, casual-dining restaurant chain with 549 locations spread across 49 U.S. states and seven foreign countries. Its restaurants operate under two banners—Texas Roadhouse (427 locations) and Bubba’s 33 (22). Most of those outlets are company-owned. The Texas Roadhouse chain offers moderately priced, full‑service dining. It specializes in hand‑cut steaks cooked over an open grill. Ribs, seafood, chicken, pork chops, pulled pork and vegetable plates are also on the menu, along with hamburgers, salads and sandwiches. Texas Roadhouse gives its guests a free unlimited supply of in-shell roasted peanuts and fresh-baked dinner rolls. Bubba’s 33 is a family-friendly sports restaurant offering an assortment of wings, sandwiches, pizza and burgers. That includes its signature 33% bacon-grind patty. In addition, the chain offers an extensive selection of draft beer. In the last five years, the company’s overall revenue has increased 57.1%, from $1.4 billion in 2013 to…