Texas Roadhouse

Texas Roadhouse expects food costs to fall

Lower beef costs come along with higher sales, setting up potentially profitable year

Texas Roadhouse Inc. expects its food costs to fall 1 percent to 2 percent this year, due to improving beef costs.

That coupled with continued strong sales at the Louisville, Ky.-based casual-dining chain could make this a more profitable year, company executives said in an earnings call Monday.

“We’ve … entered 2016 with strong top-line momentum,” said Scott Colosi, president of Texas Roadhouse. “And in additio

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish