Heard on the call: Texas Roadhouse

While Texas Roadhouse officials are bullish about their prospects for future earnings growth, they said the casual-dining chain is likely to take a slight price increase some time in the first quarter of 2011.

The brand is currently testing a 2-percent price increase across its menu in 25 units, and chief executive G.J. Hart told investors that those locations are not seeing any significantly negative impact on traffic through the first few months of the test.


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