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Texas Roadhouse

From Wikipedia, the free encyclopedia
American chain steakhouse
For the music genre, seeTexas roadhouse music.

Texas Roadhouse, Inc.
Company typePublic
NasdaqTXRH
S&P 400 component
IndustryRestaurants
Founded1993, inClarksville, Indiana
FounderW. Kent Taylor
Headquarters,
U.S.
Number of locations
872 (November 2025)
Area served
United States, Saudi Arabia, Kuwait, Bahrain, United Arab Emirates, Qatar, Philippines, Taiwan, Mexico, China and South Korea, Puerto Rico
Key people
ProductsSteak,ribs,chicken, margaritas, beer, burgers, country dinners, salads, appetizers, combos, desserts, kids' meals, and seafood
RevenueIncrease US$4.631 billion[4] (2023)
Increase US$186.20 million[5] (2017)
Increase US$186.12 million[5] (2017)
Total assetsIncrease US$1.33 billion[5] (2017)
Total equityIncrease US$839.08 million[5] (2017)
Number of employees
~64,900[5] (2020)
Websitetexasroadhouse.com

Texas Roadhouse is an Americansteakhouse chain that specializes insteaks in aTexan andSouthwestern cuisine style.[6] It is a subsidiary of Texas Roadhouse Inc, which has two other concepts (Bubba's 33 and Jaggers) and is headquartered inLouisville, Kentucky.[7] As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.[8]

Texas Roadhouse inCalifornia, Maryland

History

[edit]

Texas Roadhouse was established in 1993, at theGreen Tree Mall inClarksville, Indiana, across theOhio River from Louisville, Kentucky.[9] FounderW. Kent Taylor, a Louisville native, lived inColorado and worked atnightclubs and restaurants there. In 1990, Taylor returned to his hometown of Louisville, Kentucky. He began work as aKentucky Fried Chicken manager and had dreams to open a Colorado-themed restaurant. Former Kentucky governorJohn Y. Brown, Jr. helped Taylor fulfill his dream by backing him with $80,000.[10] In 1991, Taylor opened Buckhead Mountain Grill.[11] Taylor was his own executive chef. Brown invested more money and wanted to open a second store in Clarksville, but complications in the partnership caused it to fall apart.

Brown had elected to pursue another steak concept without Taylor, leaving Taylor with the decision to either stay committed to Buckhead or attempt to start a new business. He decided to go with the latter; however, he had trouble finding investors to help him launch the new concept. Taylor was turned down by many potential investors. Finally, Taylor met a potential investor while he was managing at Buckhead. Dr. John Rhodes became interested in Taylor's proposition of the new steak restaurant concept that Taylor showed to him through drawings on loose papers and cocktail napkins. Taylor was able to convince Dr. Rhodes and two of his colleagues to invest $100,000 each in 1992. A year later on February 17, 1993, the first Texas Roadhouse inClarksville, Indiana opened its doors.[12] In 1994, Taylor sold his shares in Buckhead Mountain Grill to focus solely on Texas Roadhouse.

In 1993, the second Texas Roadhouse opened inGainesville, Florida.[13] In 1994, three additional restaurants opened inCincinnati; Ohio,Clearwater, Florida; andSarasota, Florida. These three locations would all close because of poor building locations. Kent Taylor was forced to decide how to continue the success of the first two restaurants in Clarksville and Gainesville while dealing with the failures of the three new stores. Taylor decided that better in-store training, building designs, and restaurant decor would help improve Roadhouse's growth. Taylor hired a promising chef who worked in Louisville, Kentucky, Jim Broyles. Broyles was hired as the Director of Food and Beverages and transformed the way Roadhouse prepared and served food.[14] The chain expanded rapidly in the late 1990s, and by the end of 1999, 67 restaurants had been opened. In 2004, Roadhouse became apublic company, listing under the symbol "TXRH" onNasdaq at a price of $17.50 per share and raising $159.3 million.[10][15] In September 2011, Texas Roadhouse started their international expansion with the first international location inDubai in theUnited Arab Emirates.[16] During the COVID-19 Pandemic in 2020, Taylor donated his entire salary and bonus, totaling over $800,000, to his employees.[17]

After struggling with unbearabletinnitus, Taylor died bysuicide on March 18, 2021, at the age of 65. It was announced that Jerry Morgan would take over the role of president and CEO.[18][19]

Taylor's memoir,Made From Scratch: The Legendary Success Story of Texas Roadhouse was published posthumously.[20]

In April 2025, Texas Roadhouse became the largest casual-dining restaurant dining chain in the United States according to data from Technomic on the Top 500 largest restaurant chains in the U.S. surpassing previous leaderOlive Garden.[21]

Finance

[edit]

The key financial trends for Texas Roadhouse, Inc. are as follows, based on fiscal years ending December 31:[22]

YearRevenue
(USD billion)
Gross Profit
(USD billion)
Net Income
(USD billion)
20010.15990.15990.0073
20070.73510.13350.0393
20141.5800.29030.0870
20192.7620.49620.1744
20224.0100.65360.2698
20245.3700.94730.4336

In the first quarter of 2025, the company posted a 10% year-over-year rise in revenue to nearly $1.5 billion, with earnings per share of $1.70, and same‑store sales growth of 3.5%, outperforming analysts’ expectations.[23]

Operations and marketing

[edit]

Texas Roadhouse's mission statement is "Legendary Food, Legendary Service". Their mascot is anarmadillo named Andy. The company's restaurants offer entertainment in the form ofline dancing. The waiters, waitresses and hosts perform these dances throughout the night. The employees participate in intercompany competitions: bartenders compete in "The Real Bar" competition, and meat cutters in the annual "Meat Hero Competition".[24]

The Roadhouse Corporation supports the homebuilding programsHabitat for Humanity International and Homes For Our Troops.[25] The company also sponsors aroad cyclingteam of about 20 cyclists. Texas Roadhouse is a major supporter ofSpecial Olympics.

Each restaurant had a table called "Willie's Corner", with pictures and memorabilia of Willie Nelson. In 2002, Nelson signed a deal to become an official partner of Texas Roadhouse. Since then, Nelson has heavily promoted the chain, including a special onFood Network. Willie Nelson is the owner of Texas Roadhouse in South Austin, TX.[citation needed]

Cuisine

[edit]

Texas Roadhouse servesTexan andAmerican cuisine, includingsteak,ribs,chicken, andseafood.[26]

See also

[edit]

References

[edit]
  1. ^Jennings, Lisa (March 19, 2021)."Jerry Morgan named CEO of Texas Roadhouse".Nation's Restaurant News. RetrievedMarch 19, 2021.
  2. ^Littman, Julie (June 10, 2025)."Texas Roadhouse CFO leaves after 2 years".Restaurant Dive. RetrievedAugust 27, 2025.
  3. ^"Texas Roadhouse, Inc. Appoints Gina Tobin President".
  4. ^"Texas Roadhouse, Inc. Common Stock (TXRH) Financials". Nasdaq. September 10, 2024. RetrievedSeptember 10, 2024.
  5. ^abcde"US SEC: Form 10-K Texas Roadhouse, Inc". United States Securities and Exchange Commission. RetrievedJanuary 9, 2017.
  6. ^"Texas Roadhouse (TXRH) shares forming bullish "flag" pattern". BloggingStocks. November 15, 2007. Archived fromthe original on March 27, 2019. RetrievedJune 24, 2011.
  7. ^"Texas Roadhouse Inc - About Texas Roadhouse Inc".Reuters. 2019. RetrievedMay 22, 2020.
  8. ^Pietsch, Bryan (March 21, 2021)."Kent Taylor, Texas Roadhouse Founder and C.E.O., Dies at 65".The New York Times. RetrievedMarch 21, 2021.
  9. ^It's What Makes Us Legendary!, Texas Roadhouse, archived fromthe original on November 12, 2020, retrievedJanuary 28, 2013
  10. ^ab"Texas Roadhouse, Inc". Reference for Business. RetrievedJune 24, 2011.
  11. ^Redding, Rick (September 27, 1999)."Texas-sized growth fuels Roadhouse".Bizjournal. RetrievedJune 24, 2011.
  12. ^The Legendary Journey, Texas Roadhouse. Page 6-8
  13. ^Griffin, Justine (January 29, 2017)."How is Texas Roadhouse outperforming Outback Steakhouse and others?".Tampa Bay Times. RetrievedJune 24, 2019.
  14. ^The Legendary Journey, Texas Roadhouse. Page 10-11
  15. ^Fantozzi, Joanna (June 21, 2019)."Texas Roadhouse president retires".Nations Restaurant News. RetrievedJune 24, 2019.
  16. ^Karrar~Lewsley, Tahani (September 8, 2011)."Texas Roadhouse prioritizes Mideast expansion".MarketWatch. RetrievedJune 24, 2019.
  17. ^"Meet the CEO Who Gave Away His Salary and Bonus of $800K to Help Employees During the Pandemic".
  18. ^"Kent Taylor, founder and CEO of Texas Roadhouse, dies".WDRB. March 18, 2021. RetrievedMarch 19, 2021.
  19. ^"Louisville-based Texas Roadhouse CEO Kent Taylor took his life after COVID-19 struggle".Louisville Courier-Journal. March 18, 2021. RetrievedMarch 20, 2021.
  20. ^Ruggless, Ron (August 23, 2021)."Kent Taylor book offers insight into Texas Roadhouse success".Nation's Restaurant News. RetrievedJanuary 9, 2023.
  21. ^Joe Guszkowski (April 3, 2025)."Texas Roadhouse is now the biggest casual-dining chain in the U.S."Restaurant Business. RetrievedMay 7, 2025.
  22. ^"Texas Roadhouse Financial Overview".Smartfin. RetrievedAugust 5, 2025.
  23. ^"Texas Roadhouse Tops Comparable Sales Estimates Despite Rising Uncertainty". Investopedia. May 9, 2025. RetrievedAugust 5, 2025.
  24. ^General Info, Texas Roadhouse, retrievedJanuary 28, 2013
  25. ^Roadhouse Habitat for HumanityArchived November 8, 2007, at theWayback Machine
  26. ^"Texas Roadhouse Fact Sheet"(PDF).Texas Roadhouse. Archived fromthe original(PDF) on March 27, 2014. RetrievedOctober 28, 2023.

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