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-0.00112030870728827 -0.000995829962034138 -0.000497914981017069 -0.000622393726271381 0.00451235451546645 0.00205389929669499 0.00525922698699196 0.00659737349847497
Stock impact report

This steakhouse unseated the Olive Garden as America's top casual dining 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
Texas Roadhouse, a Louisville-born steakhouse chain that has been growing for years, has overtaken Olive Garden according to systemwide sales data from Technomic on the Top 500 largest restaurant chains in the U.S. Olive Garden, which has held the top position since 2018, recorded $5.2 billion in U.S. systemwide sales for 2024, a 0.8% increase compared to the previous year. The Italian chain opened 15 new restaurants, a 1.7% growth, bringing its total number of locations to 923 the Restaurant Business reported Analysts suggest that inflationary pressures may have contributed to a decline in business from lower-income consumers for Olive Garden. In response, the restaurant reintroduced promotional offers, including never-ending pasta. However, the brand's sales growth rate slowed compared to 2023, when it reported an 8.8% increase. Meanwhile, Texas Roadhouse experienced significant growth and galloped ahead of Olive Garden with a robust 14.7% surge, ringing in $5.5 billion, Rest Show less Read more
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