Squawk on the Street Cramer's Morning Take: Texas Roadhouse 2/21/25
Feb 21, 2025
Jim and Jeff dive into the reasons behind the recent dip in Texas Roadhouse's stock. They analyze strong fourth-quarter results while cautioning about challenges like weather impacts and shifting calendars. The discussion highlights solid financial strategies, including a raised dividend and buyback program, presenting potential buying opportunities even in tough market conditions. Tune in for insights on weathering uncertainty in the restaurant sector!
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Market Indicators
- Jim Cramer observes a decline in transports, banks, and some restaurants.
- This suggests something is amiss in the market, possibly weather-related.
Texas Roadhouse Performance
- Texas Roadhouse had strong Q4 earnings but a weak start to Q1 due to weather.
- January saw snow closures, while February experienced flat comps due to freezing temperatures.
Investment Advice
- Cramer wants to buy Texas Roadhouse stock after its recent dip.
- He believes in management and their weather-related explanation for the downturn.