Forbes Magazine recently named Texas Roadhouse, Inc. (NasdaqGS:
TXRH) one of America’s 100 Most Trustworthy Companies.
The Louisville-based company is one of only a handful of restaurants to
be ranked and the only Kentucky-based company to earn a spot on this
prestigious list.
The list is assembled by GMI Ratings, a consulting company that reviews
accounting and governance behaviors of about 8,000 North American
publicly-traded companies. GMI assesses each company’s credibility based
on factors such as high-risk events, revenue and expense recognition
methods, SEC actions, and bankruptcy risk. The 100 companies with the
highest scores for trustworthy behavior or AGR (Aggressive Accounting
and Governance Risk), over the four quarters of the previous fiscal
year, earn a place on the list.
“What an honor to be recognized as one of the most trustworthy companies
in America. This is a testament to the 40,000 Texas Roadhouse employees
who build trust with our guests each and every day,” commented Kent
Taylor, Chief Executive Officer of Texas Roadhouse, Inc.
The list of 100 companies is sorted into large-caps with market caps of
$5 billion or higher, mid caps with market caps of $1 to $5 billion, and
small caps with market caps of $25 million to $1 billion.
Forbes 100 Most Trustworthy Companies is the latest accolade for
Texas Roadhouse. Earlier this year, Glassdoor, a popular career search
website, announced that Texas Roadhouse employees voted the company as
one of the nation’s Top 50 Best Places to Work. In 2012, Texas Roadhouse
was named the #1 Steakhouse in Nation’s Restaurant News’ Consumer
Picks survey.
About Texas Roadhouse:
Based in Louisville, Kentucky, with more than 425 locations in 48
states, Texas Roadhouse opened its doors in 1993. The Louisville, KY
based company is famous for hand-cut steaks, made-from-scratch sides,
fresh-baked bread, and its lively atmosphere. In 2014 Texas Roadhouse
was named one of Employee’s Choice Best Places to work by Glassdoor, in
2012 Texas Roadhouse was named Top Steakhouse in the Nation’s Restaurant
News’ Consumer Picks survey, in 2007 and 2008 Forbes magazine ranked the
company as one of the 200 Best Small Companies and in 2009 the company
was ranked “Best Value” by readers of Consumer Reports magazine. For
more information, visit www.texasroadhouse.com.
Copyright Business Wire 2014