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Stock impact report

LongHorn Steakhouse and Texas Roadhouse Taste Victory Among Restaurants, While Chick-fil-A Leads Fast Food for 10th Straight Year, ACSI Data Show [Yahoo! Finance]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Although customer satisfaction with fast food restaurants is up 1% to a score of 79 (out of 100) and up 4% to 84 for full-service restaurants, according to the American Customer Satisfaction Index (ACSI ® ) Restaurant and Food Delivery Study 2024 , households earning less than $75,000 a year are reducing their restaurant visits because of rising prices. "Both full-service and fast food restaurant customers are skewing a bit more toward higher income levels and college graduates," says Forrest Morgeson, Associate Professor of Marketing at Michigan State University and Director of Research Emeritus at the ACSI. "Customers are being forced to make decisions between groceries and restaurants, with full-service restaurant inflation about two times that of groceries in the past year and fast food and fast casual restaurants prices up three times the rate of groceries. With customers seemingly viewing dining out a luxury, restaurants that can differentiate themselves in terms of quality a Show less Read more
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