Reported 8 months ago
As Americans reduce spending, Texas Roadhouse and LongHorn Steakhouse are experiencing a surge in sales. In the quarter ending on March 26, Texas Roadhouse saw an 8.4% increase in sales, while LongHorn Steakhouse's sales rose by 4% in the three months through May 26. These affordable steakhouses are attracting customers with their relatively low prices compared to other dining options, offering a sense of 'affordable luxury' during times of economic uncertainty.
Source: YAHOO