Texas Roadhouse, Inc. released its 2024 Annual Report, highlighting a historic year with revenue growing to nearly $5.4 billion and average-unit-volume exceeding $8 million for the first time. The company celebrated opening its 750th systemwide restaurant and achieved 8.5% comparable restaurant sales growth, including a 4.4% increase in guest traffic across all three brands.
The company generated over $750 million in operating cash flow, which funded $354 million in capital expenditures, $163 million in dividends, and $80 million in share repurchases. In 2024, Texas Roadhouse opened 45 new restaurants systemwide, comprising 31 company-owned and 14 franchise locations.
For 2025, the company projects approximately 30 new company-owned restaurant openings and expects franchise partners to open 10 additional restaurants, including seven international Texas Roadhouse and three domestic Jaggers locations. Strategic initiatives like the digital kitchen rollout, guest management system upgrades, and the nationwide expansion of a $5 drink menu are also underway.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.