Texas Roadhouse Inc
F:ROW
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Texas Roadhouse Inc
F:ROW
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Earnings Calls
Last Earnings Call
Top line: Texas Roadhouse said second-quarter revenue approached $1.7 billion, helped by 6.2% same-store sales growth and 3% traffic growth.
Margins: Restaurant margin dollar growth was solid, but margin rate slipped as beef inflation stayed high; management lowered full-year commodity inflation guidance to about 5%.
Pricing: The company will take a 1% menu price increase at the start of Q4, which it says balances inflation pressure with its everyday-value positioning.
Development: Unit growth remains on track, with about 35 company-owned openings expected this year and a strong pipeline stretching into 2029.
Outlook: Early third-quarter trends remain strong, with comparable sales up 6.2% in the first five weeks and average weekly sales of $168,000.
Mix and beef: Management said lower beef prices are helping commodity outlook near term, while to-go growth is still pressuring mix a bit despite improving dining room mix.