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0 0.000674929439195077 0.00168732359798752 0.000674929439195077 -0.000122714443489887 -0.00309853969812244 -0.0032519327524848 -0.00472450607436484
Stock impact report

Americans are flocking to Texas Roadhouse and LongHorn Steakhouse. Here's why [MSNBC.com]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: MSNBC.com
Business is booming atTexas RoadhouseIn 2024, Texas Roadhouse became the biggest casual dining chain, surpassing Olive Garden, which had held the top spot since 2018, according to research firm Technomic.And whileDarden Restaurantmissed Wall Street's expectations"There's something about steak that it really rings true to the consumer as still being kind of an elevated or a premium consumption or dining experience," said Stephens equity research analyst Jim Salera. "It has been a key growth driver for the stock, and something that investors are always keen to focus on whenever Darden reports their earnings and to see how Longhorn is performing."While foot traffic for full service restaurants declined by 0.2% in 2024, LongHorn Steakhouse increased visits by 4.3% and Texas Roadhouse increased by 7.2%, according to data from Placer.ai.A unique dining experience and focus on local talent has been an important part of the formula."You can't underestimate the investment that these chains mak Show less Read more
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