Texas Roadhouse Drops as It Sees Even More Commodity Costs

Texas Roadhouse Inc. shares fell in postmarket trading Thursday after the company lifted its forecast for commodity inflation for this year and predicted an acceleration next year. The Louisville, Kentucky-based chain now expects its commodity prices, driven by high beef prices, to rise about 6% in 2025, up from roughly 5% projected last quarter, it said in a statement Thursday. For 2026, it sees those costs increasing around 7%. Most Read from Bloomberg Commodity inflation will likely be above the full ...