Texas Roadhouse managed to increase sales and profits despite high beef prices that caused food cost inflation of 6.5 percent for fiscal 2012, and officials said similar pressures and potential remedies would remain this year. “Challenges, whether consumer- or inflation-driven, have and will always exist to some degree,” Scott Colosi, president of Louisville, Ky.-based Texas Roadhouse Inc., said in a fourth-quarter earnings call. “We will continue to deal with them ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!
Questions about your account or how to access content?