Texas Roadhouse

Technology

Texas Roadhouse, tech giant?

Tech Check: The casual-dining chain known for hot rolls and line dancing has been quietly weaving more tech into its operations. It’s a study in how to modernize gracefully.

Financing

Texas Roadhouse sees some relief on beef prices

The steakhouse chain said beef inflation will be a bit softer than expected this year, and its stock price surged.

Same-store sales are up more than 8% at the casual-dining steakhouse chain through the first seven weeks of the new year, but beef inflation continues to put pressure on profits.

Sales and traffic continue to rise for the steak chain, but an unexpected rise in beef prices took a bite out of its bottom line. They’re expected to remain elevated for the foreseeable future.

The casual-dining chain will accelerate openings of Bubba’s 33 and Jaggers next year after determining they’re ready to level up. It's also eyeing more Roadhouses in California.

The Trump-affiliated America First Legal, which is also pressuring Cracker Barrel, argued that Texas Roadhouse’s diversity initiatives discriminate against white men.

The former Southwest Airlines executive had been with the casual-dining steakhouse chain for two years. VP of Finance Keith Humpich was named interim CFO.

The 52-unit sports bar chain is applying the Roadhouse playbook to burgers and pizza. It has ambitions to become a major player in casual dining.

Winter weather hampered the casual-dining chain in February, but business has picked up since, allaying concerns about a weaker steak consumer.

The high-flying steakhouse brand pushed past Olive Garden and into the top spot last year thanks to nearly 15% sales growth, according to Technomic Top 500 data.

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