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

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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
03/25 TEXAS ROADHOUSE : reopens after fire
03/24 EDGEWOOD FARMS UPDATE : Freddy's opens, Main Event for May, Texas Roadhouse for ..
03/23 TEXAS ROADHOUSE : New sports restaurant adds to 191 growth
03/23 TEXAS ROADHOUSE : offers up steakhouse fare
03/22 TEXAS ROADHOUSE : Naples Daily News, Fla., Tim Aten column
03/22 TEXAS ROADHOUSE : Fundraisers to Support After Prom
03/21 TEXAS ROADHOUSE : Free Easter party to be held in Scranton 18th annual O’M..
03/20 TEXAS ROADHOUSE : Steak
03/20 TEXAS ROADHOUSE : restaurant evacuated during weekend fire
03/18 TEXAS ROADHOUSE : Ivana's Café to host Relay For Life fundraisers
More news
Sector news : Commercial Food Services
03/22DJSTARBUCKS : Pledges to Hire More U.S. Military Veterans
03/22 Starbucks CEO Schultz to host last shareholder meeting
03/22 ANDREW PUZDER TO STEP DOWN AS CKE FA : company
03/17 CHIPOTLE MEXICAN GRILL : says one-third of directors will not run again
03/16DJTWITTER : Tells McDonald's Its Account Was Compromised -- Update
More sector news : Commercial Food Services
News from SeekingAlpha
03/17 Upside seen for Texas Roadhouse
03/16 TEXAS ROADHOUSE : Their Rolls Are Not Worth The Risk
03/14 Baird positive on Texas Roadhouse
03/09 Do you tip on a restaurant labor surcharge?
02/27 WEEKLY RESTAURANT REPORT : Dividend Dogs & The Couch Economy
Advertisement
Financials ($)
Sales 2017 2 182 M
EBIT 2017 194 M
Net income 2017 135 M
Finance 2017 43,9 M
Yield 2017 1,93%
P/E ratio 2017 22,78
P/E ratio 2018 19,89
EV / Sales 2017 1,39x
EV / Sales 2018 1,27x
Capitalization 3 079 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
TrendsBearishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 45,4 $
Spread / Average Target 4,2%
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 INC-9.76%3 079
ARAMARK2.38%8 991
BID CORPORATION LTD7.76%7 181
SKYLARK CO LTD11.12%3 046
CHEESECAKE FACTORY INC2.05%2 917
BUFFALO WILD WINGS-3.98%2 578
More Results