Texas Roadhouse Q3 Profit Misses Estimate

(RTTNews) - Texas Roadhouse, Inc. (TXRH) reported net income for the third quarter of $18.9 million or $0.27 per share, compared to $17.2 million or $0.24 per share for the year-ago quarter.

Total revenue for the third quarter rose 15% to $385.22 million from $334.77 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.29 per share on revenue of $375.86 million for the third quarter.

The company reiterated its expectations for 2014 of positive comparable restaurant sales growth and about 25 company restaurant openings.

For 2015, the company expects positive comparable restaurant sales growth and 25 to 30 company restaurant openings.