Even though most restaurant companies in the U.S. haven't had a great year, Texas Roadhouse Inc. (TXRH) has had a great quarter, having their earnings increase by 15 percent overall.
Overall revenue for the third quarter, grew to $189.5 million, well above last years' $148.5 million during the same period.
Earnings for the quarter surged to $10.6 million, equal to 14 cents a share, in contrast to $9.2 million, or 12 cents a share in the same quarter last year.
Wall Street expected Roadhouse to earn 13 cents a share and generate $189.3 million in revenue for the quarter.
The other good news was inside restaurant sales increased by 2.5 percent for company-owned restaurants, while increasing by 2 percent for franchisees.
In after hours trading, shares for the company increased to $12, up from the $10.78 at close.
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