Texas Roadhouse, Inc. Announces Quarterly Dividend
November 22 2019 - 4:03PM
Texas Roadhouse, Inc.’s (Nasdaq: TXRH) Board of Directors today
authorized the payment of a cash dividend of $0.30 per share of
common stock. This payment will be distributed on December 27,
2019, to shareholders of record at the close of business on
December 11, 2019.
About the Company
Texas Roadhouse is a casual dining concept that
first opened in 1993 and today has grown to 605 restaurants
system-wide in 49 states and ten foreign countries. 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 Texas
Roadhouse. 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; our ability to continue to
generate the necessary cash flows to fund our new restaurant
growth, continue our share repurchase program and pay a quarterly
cash dividend; strength of consumer spending; pending or future
legal claims; breaches of security; conditions beyond our control
such as weather, natural disasters, disease outbreaks, epidemics or
pandemics impacting our customers or food supplies; food safety and
food-borne illness concerns; acts of war or terrorism and other
factors disclosed from time to time in our filings with the U.S.
Securities and Exchange Commission. Investors should take such
risks into account when making investment decisions. Shareholders
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. We undertake no obligation to update any
forward-looking statements, except as required by applicable
law.
Contacts:
Investor Relations
Tonya Robinson
502-515-7269
Media
Travis Doster
502-638-5457
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