Stephens says Texas Roadhouse appointment of interim CFO adds stability

Commenting on Texas Roadhouse’s (TXRH) announcement that CFO Chris Monroe has departed the company, Stephens analyst Jim Salera highlights that Vice President of Finance Keith Humpich has been named interim CFO while an external search is conducted. Texas Roadhouse continues to outperform casual dining peers, with April traffic accelerating exiting Q1 2025, the firm notes, adding that it believes the company’s consistent execution, guest focus, and scratch-made menu remain key differentiators in a choppy consumer backdrop. That said, Stephens balances its view with macro uncertainty in the second half of 2025 and a premium valuation. The interim CFO appointment adds stability following Monroe’s departure, given Humpich’s long tenure and familiarity with financial operations, the firm adds. Stephens has an Equal Weight rating on the shares with a price target of $170.