High commodity costs will make sustaining success in 2012 difficult, Texas Roadhouse Inc. officials said after reporting positive third-quarter results. Officials of the casual-dining chain said same-store sales, net income and earnings per share all rose in the quarter ended Sept. 27. Food costs rose approximately 4.5 percent during the period, said chief financial officer Price Cooper. He also projected that they would rise from 7 percent to 9 percent in 2012. “I would expect to feel ...
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Contact: Desiree Torres Desiree.Torres@penton.com