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Stock impact report

This Iconic Steakhouse Just Replaced Olive Garden As America's Top Casual Restaurant Chain [Yahoo! Finance]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The steakhouse with a southwest twist unseated longtime leader Olive Garden, finally eclipsing the casual Italian giant in systemwide sales, according to Restaurant Business Online using data from the Technomic Top 500 Chain Restaurant Report. In 2024, Texas Roadhouse enjoyed a massive 14.7% jump in sales, all the more impressive considering that casual restaurants have been a struggling economic sector for years. This jump brought Texas Roadhouse to $5.5 billion in systemwide sales last year, compared to Olive Garden's $5.2 billion, ending the Italian eatery's six-year streak at the top. Texas Roadhouse also managed to become a more successful chain than Olive Garden with fewer restaurants. While both businesses have hundreds of locations throughout the United States and in a few other countries, Texas Roadhouse has 664 total locations, whereas Olive Garden has around 900 restaurants worldwide. That means Texas Roadhouse is making less money with more stores. Read more: 10 Stea Show less Read more
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