The company moves forward with menu price increases and upgrade investments as it plans for challenges ahead
Traffic, sales and margins were all positive for Texas Roadhouse Inc. in the second quarter, but executives told securities analysts during the brand’s earnings call that they want to keep things simple and continue to invest for more challenging times to come. For the June 26-ended quarter, Texas Roadhouse’s net income jumped 26 percent to $20.3 million, or 28 cents per share, compared with $16 million, or 22 cents per share, a year earlier. Revenue rose 15 percent to $320.3 ...
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