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Is The Plant-Based Food Industry Moving High-End With Wagyu Competitor?
Monday, July 20, 2020 - 2:16pm | 437Wagyu — Japanese cattle — is considered by many to be the best beef of its kind in the world, and there is now a plant-based vegan alternative, according to VegNews. What Happened: Canadian food manufacturer Top Tier Foods collaborated with Japanese counterparts to create a...
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Texas Roadhouse's Juicy Q4 Sends Stock To New 52-Week High
Friday, February 21, 2020 - 11:00am | 354Texas Roadhouse Inc (NASDAQ: TXRH) reported Thursday fourth-quarter results, which prompted shares to hit a new 52-week high Friday morning. What Happened The Texas-themed steakhouse said it earned 61 cents per share in the fourth quarter on revenue of $725.238 million versus expectations of 52...
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Wedbush Double Upgrades Texas Roadhouse On Hopes Of Successful 2020
Tuesday, February 4, 2020 - 2:16pm | 356Restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) should be able to show investors better-than-expected same-store sales growth and margins in 2020, according to Wedbush. The Texas Roadhouse Analyst Nick Setyan upgraded Texas Roadhouse from Neutral to Outperform with a price target lifted from $...
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Texas Roadhouse Serves Up Juicy Quarter, But Street Isn't Buying The Sizzle
Tuesday, October 29, 2019 - 1:35pm | 575Texas Roadhouse Inc (NASDAQ: TXRH) reported third-quarter results, which was mostly cheered by Street analysts but sparked a debate if investors should buy the stock. Q3 Sizzles Texas Roadhouse's quarter report is highlighted by a "solid" comps beat of 4.4% versus 4.3%, a "...
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Coming Soon To A Chipotle Near You: Carne Asada
Tuesday, September 17, 2019 - 9:31am | 377Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Tuesday the addition of carne asada to its menu, marking its first new protein addition since 2016. What Happened Chipotle is sticking with a traditional marinade for its marinated carne asada steak, including fresh squeezed lime and cilantro. The...
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Texas Roadhouse's Upside Potential Is 'Limited,' JPMorgan Says In Downgrade
Wednesday, May 2, 2018 - 4:59pm | 414At first glance, Texas Roadhouse Inc (NASDAQ: TXRH) reported another strong quarter Monday. But digging beyond the headline numbers shows the company now faces "limited" upside potential, according to JPMorgan. The Analyst JPMorgan's John Ivankoe downgraded Texas Roadhouse...
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Texas Roadhouse Is A 'Model Of Consistency,' Analyst Says
Wednesday, February 21, 2018 - 3:31pm | 368Texas Roadhouse Inc (NASDAQ: TXRH) reported its fourth quarter results Tuesday, which reinforced the bullish case for owning the stock, according to BMO. The Analyst BMO Capital Markets' Andrew Strelzik maintains an Outperform rating on Texas Roadhouse's stock with a price...
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Wedbush On Texas Roadhouse: This Type Of Growth Shouldn't Be Possible
Friday, January 12, 2018 - 5:08pm | 340Investors looking for exposure in the restaurant sector are hard pressed to find a standout that boasts spectacular growth rates, but analysts at Wedbush found one: Texas Roadhouse Inc (NASDAQ: TXRH). The Analyst Wedbush's Nick Setyan initiated coverage of Texas Roadhouse's stock with an...
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Here's Why Steakhouses Are Outperforming Full-Service Restaurants
Friday, January 20, 2017 - 2:51pm | 268Restaurants suffered through a rough 2016 with no relief in sight for 2017. There are a few exception to this, but none more notable than steakhouses. Darren Tristano, president of the food consulting firm Technomic, told CNBC that steakhouses aren't only outperforming other full-service...
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3 Commodities You Should Watch, According to Mike Seery
Wednesday, July 16, 2014 - 7:50am | 1004In trading commodities, Mike Seery likes to keep it simple. His preference is to enter on a trade on a four-week low or a four-week high. He's also a trend-follower. “If something has hit the lowest price in the last 20 trading days, I am going to short it,” he said. “If...