Texas Roadhouse CFO departure ‘disappointing,’ says Barclays

Barclays tells investors in a research note that the surprise departure of CFO Chris Monroe after only about two years is “disappointing,” but notes that the company has handled executive turnover without much fanfare. The firm, which has an Equal Weight rating on the stock and a $175 price target says Texas Roadhouse’s (TXRH) core fundamental and financial strategies remain intact and expects no issue finding a “quality” replacement.