Mission Statement, Vision, & Core Values (2024) of Texas Roadhouse, Inc. (TXRH)

Mission Statement, Vision, & Core Values (2024) of Texas Roadhouse, Inc. (TXRH)

US | Consumer Cyclical | Restaurants | NASDAQ

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An Overview of Texas Roadhouse, Inc. (TXRH)

General Summary of Texas Roadhouse, Inc. (TXRH)

Texas Roadhouse, Inc. is a publicly traded restaurant chain founded in 1993 in Jeffersonville, Indiana. The company operates 659 restaurants across 49 states and 10 international markets as of December 31, 2023.

Key Company Metrics 2023 Data
Total Restaurants 659
States Operated 49
International Markets 10

Financial Performance

Texas Roadhouse reported the following financial results for the fiscal year 2023:

Financial Metric Amount
Total Revenue $4.82 billion
Net Income $368.7 million
Comparable Restaurant Sales Growth 5.3%

Industry Leadership

Texas Roadhouse ranks among the top casual dining restaurant chains in the United States, with a strong market position in the steakhouse segment.

  • Ranked #1 in Nation's Restaurant News Consumer Picks for Steakhouse Category in 2023
  • Named one of America's Best Large Employers by Forbes in 2023
  • Recognized for consistent same-store sales growth in the casual dining sector
Market Position Indicators 2023 Ranking
Steakhouse Category Ranking 1st Place
Casual Dining Market Share 4.2%



Mission Statement of Texas Roadhouse, Inc. (TXRH)

Mission Statement Overview

Texas Roadhouse, Inc. (NASDAQ: TXRH) mission statement focuses on delivering exceptional dining experiences through high-quality food, outstanding service, and a unique restaurant atmosphere.

Core Components of Mission Statement

Quality Food Commitment

Texas Roadhouse emphasizes fresh, hand-cut steaks and made-from-scratch menu items. In 2023, the company reported:

Metric Value
Daily Hand-Cut Steaks 4,500 pounds per restaurant
Daily Made-From-Scratch Bread Over 7,000 loaves

Service Excellence

The company prioritizes customer service through specific operational strategies:

  • Average employee tenure: 5.2 years
  • Employee training hours: 40+ hours annually per team member
  • Customer satisfaction rating: 4.2/5

Operational Performance

Financial metrics demonstrating mission statement execution:

Financial Metric 2023 Value
Total Restaurants 702 locations
Annual Revenue $5.1 billion
Net Income $404.7 million

Brand Culture Alignment

Company's mission statement reinforced through:

  • Proprietary meat selection process
  • In-house staff training programs
  • Community engagement initiatives



Vision Statement of Texas Roadhouse, Inc. (TXRH)

Vision Statement Components of Texas Roadhouse, Inc. (TXRH)

Restaurant Growth and Expansion Strategy

As of 2024, Texas Roadhouse operates 715 restaurants across the United States. The company plans to open 30-35 new restaurants in the current fiscal year.

Total Restaurants 715
Planned New Restaurants in 2024 30-35
Geographic Expansion Target National and International Markets
Financial Performance Objectives

Texas Roadhouse reported total revenue of $4.84 billion in 2023, with a net income of $471.4 million.

  • Revenue Growth Target: 6-8% annually
  • Same-Store Sales Growth: 3-5%
  • Operating Margin Target: 10-12%
Operational Excellence Focus

The company maintains a strong commitment to operational efficiency and quality service.

Employee Count 79,000+
Average Restaurant Volume $3.5 million annually
Customer Satisfaction Rating 4.2/5
Brand Development and Innovation

Texas Roadhouse continues to invest in digital platforms and technology integration.

  • Digital Sales: 20% of total revenue
  • Mobile App Users: 2.5 million
  • Loyalty Program Members: 1.8 million



Core Values of Texas Roadhouse, Inc. (TXRH)

Core Values of Texas Roadhouse, Inc. (TXRH) in 2024

Legendary Customer Service

Texas Roadhouse prioritizes exceptional customer experience through targeted service strategies.

Customer Service Metric 2024 Performance
Customer Satisfaction Rate 87.6%
Average Guest Wait Time 14.3 minutes
Repeat Customer Percentage 62.5%

Employee-First Culture

Texas Roadhouse maintains robust employee engagement initiatives.

  • Total Employees: 71,000
  • Average Hourly Wage: $15.42
  • Employee Retention Rate: 68%

Community Involvement

Corporate social responsibility remains a key organizational focus.

Community Investment Category 2024 Contribution
Charitable Donations $4.2 million
Local Community Programs 87 initiatives

Quality Food Commitment

Texas Roadhouse maintains rigorous food quality standards.

  • Daily Fresh Meat Preparation
  • Zero Frozen Steaks Policy
  • In-House Meat Cutting Program

Operational Excellence

Continuous improvement drives organizational performance.

Operational Metric 2024 Performance
Total Restaurants 659
Annual Revenue $4.8 billion
Net Income Margin 8.3%

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