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 ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!