Texas Roadhouse President, Scott Colosi, Announces Retirement


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


LOUISVILLE, Ky., June 21, 2019 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NASDAQ:TXRH) announced today that its President, Scott Colosi, has retired effective Thursday, June 20, 2019.

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Colosi was hired in 2002 as Chief Financial Officer and was later promoted to President in 2011. During Colosi's tenure, Texas Roadhouse was named one of the nation's most Trustworthy Companies by Forbes and recently was named the Brand of the Year by the Harris Poll.

Kent Taylor, Chief Executive Officer of Texas Roadhouse, commented, "Scott has provided tremendous value to Texas Roadhouse over the past 17 years. He was instrumental in taking us public in 2004 and has contributed significantly to the growth of our brands. We wish Scott the best of luck as he embarks on his retirement."

Along with his current roles, Taylor, who founded the company in 1993, will assume the role of President. 

About Texas Roadhouse


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Based in Louisville, Kentucky, Texas Roadhouse opened its doors in 1993 and has more than 590 locations in 49 states and ten foreign countries. The family-friendly restaurant is famous for hand-cut steaks, made-from-scratch sides, fresh-baked bread, and a lively atmosphere. Texas Roadhouse was named one of America's Best Large Employers by Forbes in 2018. For more information, visit www.texasroadhouse.com.

Contacts:

Investor Relations
Tonya Robinson
502-515-7269

Media
Travis Doster
502-638-5457


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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