Core Insights - Texas Roadhouse, Inc. (NASDAQ:TXRH) is highlighted in the context of the ongoing beef crisis in the US, particularly due to the lowest cattle herd levels in 75 years, impacting beef prices and supply [2][3] - Despite the beef crisis, Texas Roadhouse has maintained strong customer foot traffic and has chosen to keep its price points stable, which has positively influenced investor sentiment [2][3] - Jim Cramer recommends buying Texas Roadhouse shares, noting the historical context of cattle prices and the potential for future price fluctuations [3][4] Company Overview - Texas Roadhouse is a casual dining restaurant chain that heavily relies on beef for its menu offerings, including an $11 steak dinner [2][3] - The company has shown resilience in customer retention and sales performance despite external pressures from the beef market [2] Industry Context - The US cattle herd is currently at its lowest since the 1950s, which has significant implications for beef prices and availability [3] - Historical trends indicate that cattle prices can fluctuate dramatically, with past peaks not preventing subsequent declines, suggesting potential volatility in the beef market [3][4]
Texas Roadhouse (TXRH) Is Loyal To Their Users, Says Jim Cramer