Reported about 7 hours ago
Texas Roadhouse Inc. shares fell in after-hours trading on Thursday after the company revised its commodity inflation forecast, anticipating a rise of about 6% in 2025 and around 7% in 2026 due to high beef prices. The company faced 7.9% inflation in the third quarter, which pressured profitability and reduced restaurant margins. Despite menu price increases and strong customer traffic, earnings per share slightly missed expectations, leading to an 11% decline in stock value this year.
Source: YAHOO