While Texas Roadhouse’s sales remained strong in the second quarter, margin pressures prompted company executives to moderate the brand’s earnings growth expectations to 5 percent for the full year, down from a range between 5 percent and 10 percent stated earlier. The 350-unit casual-dining chain’s same-store sales rose 4.4 percent in the period, comprising a 3.1-percent lift in traffic and a 1.3-percent uptick in the average check. EARLIER: Texas Roadhouse’s ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!