Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Texas Roadhouse Inc    TXRH

Delayed Quote. Delayed  - 07/26 10:00:00 pm
46.11 USD   -5.86%
07/26 TEXAS ROADHOUSE : waitress fired after posting angry tweet about a t..
07/24 TEXAS ROADHOUSE : Greeley waitress fired after posting racist remark..
07/24 TEXAS ROADHOUSE : Freedom Offroad Jeep club brings 'Black the Blue F..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

TEXAS ROADHOUSE : Texas Roadhouse, Inc. Announces Executive Management Changes

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/18/2011 | 02:10pm CEST

Texas Roadhouse, Inc, (NasdaqGS: TXRH) today announced executive management changes at the Company, effective today, August 18, 2011.

W. Kent Taylor will resume the role as Chief Executive Officer of the Company, a position he held between May 2000 and October 2004. Prior to being named Chief Executive Officer in May 2000, he was the Company's President since its founding in 1993. Mr. Taylor will also retain his positions as Chairman of the Company and Board. Mr. Taylor's return to his prior position as Chief Executive Officer follows the resignation of G.J. Hart, former President, Chief Executive Officer and a member of the Board of Directors, effective August 17, 2011. Mr. Hart left the Company to accept the positions of Executive Chairman and Chief Executive Officer of California Pizza Kitchen, Inc.

In addition, Scott M. Colosi has been named President of the Company. Mr. Colosi has been employed by the Company as its Chief Financial Officer since September 2002.

Finally, G. Price Cooper, IV has been named Chief Financial Officer of the Company. Mr. Cooper has been employed by the Company as its Vice President of Finance since August 2006.

Kent Taylor commented, "I am excited to be returning to the role of Chief Executive Officer, and I look forward to continuing to work with Scott, Price, Steve Ortiz, our Chief Operating Officer, Sheila Brown, our General Counsel, and our entire leadership team to continue driving our business forward. We will all truly miss GJ. His passion and care and concern for the people of Texas Roadhouse is Legendary. He will always be a Texas Roadhouse Legend, and all of us wish him and his family well in their new venture."

Taylor concluded, "To our partners in the field and at the Support Center, and to our valued franchisees and vendors, we want to convey that our commitment to partnership remains solid and unwavering. Our mission statement of 'Legendary Food and Legendary Service' and our core values of 'Passion, Partnership, Integrity and Fun . . . All with Purpose' which embody our culture will continue as always."

Conference Call Scheduled for Thursday, August 18 at 9:00 a.m. ET

Kent Taylor, Chief Executive Officer, Scott Colosi, President, and Price Cooper, Chief Financial Officer, will hold a conference call to discuss these executive announcements today, August 18, 2011 at 9:00 a.m. eastern time.

The dial-in number is (888) 296-4174 or (719) 325-2439 for international calls. A replay of the call will be available for one week following the conference call. To access the replay, please dial (877) 870-5176 or (858) 384-5517 for international calls, and use 4034135 as the pass code.

About the Company

Texas Roadhouse is a casual dining concept that first opened in 1993 and today operates over 350 restaurants system-wide in 46 states. For more information, please visit the Company's Web site at www.texasroadhouse.com.

Forward-looking Statements

Certain statements in this release that are not historical facts, including, without limitation, those relating to our anticipated financial performance, are forward-looking statements that involve risks and uncertainties. Such statements are based upon the current beliefs and expectations of the management of the Company. Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, the actual number of restaurants opening, the sales at these and our other company and franchise restaurants, changes in restaurant development or operating costs, such as food and labor, our ability to acquire franchise restaurants, our ability to integrate the franchise restaurants we acquire or other concepts we develop, strength of consumer spending, conditions beyond the Company's control such as weather, natural disasters, disease outbreaks, epidemics or pandemics impacting the Company's customers or food supplies, acts of war or terrorism and other factors disclosed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. Investors should take such risks into account when making investment decisions. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statements.

For Texas Roadhouse, Inc.
Investor Relations
Price Cooper, 502-515-7300
or
Media
Travis Doster, 502-638-5457


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TEXAS ROADHOUSE INC
07/26 TEXAS ROADHOUSE : waitress fired after posting angry tweet about a tip
07/24 TEXAS ROADHOUSE : Greeley waitress fired after posting racist remarks on social ..
07/24 TEXAS ROADHOUSE : Freedom Offroad Jeep club brings 'Black the Blue Flag Run' to ..
07/21 TEXAS ROADHOUSE : Local cops to wait tables for great cause at Texas Roadhouse
07/21 BRIEF : Officers to serve dinner for Special Olympics benefit
07/20 TEXAS ROADHOUSE : Blood drives coming to Loudon
07/17 BRIEF : Officers to serve dinner for Special Olympics benefit
07/16 BRIEF : Police to serve for Special Olympics
07/15 BRIEF : Police raise funds for Special Olympics Texas athletes
07/12 BRIEF : Texas Roadhouse fundraiser to benefit Assist the Officer Foundation
More news
Sector news : Commercial Food Services
08:50aDJMCDONALD : At McDonald's, Breakfast Cools -- WSJ
07/26DJPANERA BREAD : Tops Expectations
07/26 McDonald's disappoints, hit by lower U.S. grocery prices
07/26DJMCDONALD : Posts Lackluster Same-Store Sales Growth -- 2nd Update
07/26DJMCDONALD : Posts Lackluster Same-Store Sales Growth -- Update
More sector news : Commercial Food Services
News from SeekingAlpha
07/26 Restaurant stocks on watch after McDonald's miss and Stifel cuts
07/18 Steer Clear Of Texas Roadhouse
07/15 U.S. restaurant traffic down 3.5% in June
07/08 Canaccord Genuity warns on restaurant sales
06/09 Restaurant same-store sales stay on negative track
Advertisement
Financials ($)
Sales 2016 2 018 M
EBIT 2016 182 M
Net income 2016 123 M
Finance 2016 20,6 M
Yield 2016 1,65%
P/E ratio 2016 26,68
P/E ratio 2017 22,76
EV / Sales 2016 1,60x
EV / Sales 2017 1,44x
Capitalization 3 243 M
More Financials
Chart TEXAS ROADHOUSE INC
Duration : Period :
Texas Roadhouse Inc Technical Analysis Chart | TXRH | US8826811098 | 4-Traders
Full-screen chart
Technical analysis trends TEXAS ROADHOUSE INC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 44,7 $
Spread / Average Target -3,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Wayne Kent Taylor Chairman & Chief Executive Officer
Scott Matthew Colosi President & Chief Financial Officer
Doug Thompson Vice President-Operations
James F. Parker Independent Director
James Richard Zarley Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TEXAS ROADHOUSE INC28.91%3 243
BUFFALO WILD WINGS-7.92%2 767
BRINKER INTERNATIONAL,..-1.36%2 635
SKYLARK CO LTD-11.52%2 564
CHEESECAKE FACTORY INC9.43%2 447
ZENSHO HOLDINGS CO LTD6.56%2 304
More Results