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Texas Roadhouse posts higher second-quarter earnings

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Texas Roadhouse Inc. reported higher earnings for the second quarter and first half. The Louisville-based steakhouse chain said net income for the second quarter rose 16 percent, to $23.1 million, or 33 cents per share, diluted. Revenue for the quarter rose 12 percent, to $395.4 million. For the first half, net income rose 7 percent, to $49.5 million. Revenue for the half rose 11 percent, to $792.5 million. Texas Roadhouse (NASDAQ: TXRH) said it opened six restaurants during the second quarter,… Reported by bizjournals 5 hours ago.

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