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X @Bloomberg
Bloomberg· 2026-02-20 05:45
Small restaurants are delicate things and, while insurance helps, it isn't enough to help them survive calamity, says @hchuaeoan (via @opinion) https://t.co/ph803Zz0dH ...
What’s the best restaurant for a business lunch in London | FT #shorts
Financial Times· 2026-02-20 05:00
[music] What's the best restaurant for a business lunch in London. [music] The FG recently decided that Legado and Shortorditch was the best newcomer. So, I'm here to speak to Chef [music] Nez Baragan and find out why.>> Welcome to Legado. >> Thank you [music] for having me in your restaurant. >> If it was you walking in for lunch today, >> Yes.>> what table would you be choosing to sit at. >> Ah, nice question. I like that.I will say if it's two people, I will go for ones in the corner. People love that on ...
Texas Roadhouse Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-20 04:08
Core Insights - Texas Roadhouse reported strong growth in 2025, with revenue reaching nearly $5.9 billion and the opening of its 800th restaurant, marking the 60th consecutive quarter of comparable restaurant sales growth [3][4][7] Financial Performance - Full-year 2025 same-store sales increased by 4.9%, driven by a 2.8% growth in traffic [1] - The company generated over $730 million in operating cash flow and returned capital through $180 million in dividends and $150 million in share repurchases [5][20] - Fourth-quarter revenue grew by 3.1%, with restaurant margin dollars decreasing by 15.6% to $205 million, and diluted earnings per share declining by 26.1% to $1.28 [6][8] Operational Initiatives - Management highlighted the completion of the Digital Kitchen rollout and upgraded Guest Management Systems, which are expected to enhance operational efficiency [2][21] - The company raised over $40 million for local schools and nonprofits through community initiatives [2] Pricing and Inflation Outlook - Management anticipates approximately 7% commodity inflation for 2026, primarily driven by beef prices, and plans a 1.9% menu price increase in Q2 [15][14] - Labor costs as a percentage of sales increased to 33.2%, while food and beverage costs rose to 36.4% of sales [10][11] Development Plans - In 2025, Texas Roadhouse added 48 restaurants, including 28 new openings and the acquisition of 20 franchise locations [17] - For 2026, the company expects to open approximately 35 company restaurants and maintain franchise development plans [18] Technology Investments - The company is expanding its technology initiatives, including testing handheld tablets for servers to improve order accuracy and speed [21] - The upgraded guest management software has improved operational execution, particularly during high-volume periods [22]
X @The Economist
The Economist· 2026-02-20 03:20
A viral reservation-trading website allows anyone who is willing to pay to get a seat at the world’s coolest restaurants. The industry wants to shut it down https://t.co/TO784CuBZG ...
Texas Roadhouse continues to navigate high beef costs
Yahoo Finance· 2026-02-20 00:04
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Texas Roadhouse celebrated its 33rd anniversary during its fourth quarter earnings call after market Thursday, in which chief executive officer Jerry Morgan led his colleagues in an enthusiastic “yee haw” cheer. No question the casual-dining chain has much to celebrate, generating nearly $5.8 billion in revenue in 2025 and another year of positive sales and traffic growth. Executives noted that the fourth quarter ...
Texas Roadhouse (TXRH) Q4 2025 Earnings Transcript
Yahoo Finance· 2026-02-19 23:52
As always, maintaining our value proposition was a big topic of conversation. Based on these calls, we will be implementing a 1.9% menu price increase at the beginning of the second quarter. We will also continue to focus on our lineup of beverages with all of our restaurants offering some combination of mocktails, dirty sodas, and a $5 all-day, everyday beverage special. Moving on to technology. As I mentioned earlier, in late 2025, we completed the rollout of our digital kitchen and upgraded guest managem ...
Texas Roadhouse(TXRH) - 2025 Q4 - Earnings Call Transcript
2026-02-19 23:02
Financial Data and Key Metrics Changes - In 2025, revenue grew to nearly $5.9 billion, marking a successful year with all three brands achieving positive sales and traffic growth [6] - Same-store sales increased by 4.9% for the full year, with traffic growth of 2.8% [14] - Consolidated average unit volume exceeded $8.4 million, with average weekly sales of over $166,000 at Texas Roadhouse [14] - For the fourth quarter of 2025, revenue growth was reported at 3.1%, driven by a 4% increase in average weekly sales [18] - Diluted earnings per share decreased by 26.1% to $1.28 in the fourth quarter [18] Business Line Data and Key Metrics Changes - Texas Roadhouse achieved average weekly sales of over $166,000, while Bubba's 33 and Jaggers reported average weekly sales of $122,000 and nearly $73,000, respectively [14] - The company opened 48 new restaurants in 2025, including 28 new store openings and the acquisition of 20 franchise locations [7] - The company plans to open approximately 35 company restaurant locations across three brands in 2026 [7] Market Data and Key Metrics Changes - The company experienced a 1.9% menu price increase planned for the second quarter of 2026 [8] - Commodity inflation guidance for 2026 is approximately 7%, with beef inflation accounting for nearly all expected commodity inflation [16] - Labor inflation is expected to remain at 3%-4% for 2026 [16] Company Strategy and Development Direction - The company aims to maintain its focus on legendary food and service while navigating commodity inflation challenges [8] - The rollout of the Digital Kitchen and upgraded Guest Management Systems is expected to enhance operational efficiency and customer experience [9] - The company is committed to expanding its restaurant base and enhancing guest experiences through technology and menu innovations [9][10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that commodity inflation will continue to be a headwind but remains committed to long-term growth strategies [8] - The company is optimistic about its ability to drive top-line growth despite current cost pressures [15] - Management expressed confidence in the long-term strategy and the potential for continued success in the coming years [15] Other Important Information - The company ended 2025 with over $130 million in cash and generated over $730 million in cash flow from operations [15] - A 10% increase in the quarterly dividend was announced, bringing it to $0.75 per quarter [17] - The company raised over $40 million for local schools and nonprofit organizations through community initiatives [6] Q&A Session Summary Question: Impact of December sales slowdown - Management acknowledged that December's sales slowdown was influenced by weather conditions and resulted in a higher ratio of labor hours versus traffic [28][31] Question: Long-term beef inflation outlook - Management indicated that beef inflation is expected to remain a challenge, with no immediate relief anticipated [30][32] Question: Digital Kitchen rollout impact - The Digital Kitchen has improved operational efficiency, allowing for increased focus on to-go business [34][36] Question: Pricing strategy for 2026 - The company plans to implement a 1.9% menu price increase, with a focus on maintaining value for customers [40][41] Question: Tax refunds and consumer spending - Management noted that larger-than-expected tax refunds could potentially drive incremental consumption [46] Question: G&A guidance breakdown - The increase in G&A is primarily due to new long-term management equity grants and higher forecasted incentive compensation [80][82] Question: Handheld ordering system testing - The handheld ordering system is being refined and tested, with plans for broader implementation later in the year [59][60]
Texas Roadhouse(TXRH) - 2025 Q4 - Earnings Call Transcript
2026-02-19 23:02
Texas Roadhouse (NasdaqGS:TXRH) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsDavid Palmer - Senior Managing DirectorDennis Geiger - Executive DirectorJacob Aiken-Phillips - VP Equity ResearchJeff Farmer - Managing DirectorJerry Morgan - CEOKeith Humpich - Chief Accounting and Financial Services OfficerMichael Bailen - VP of Investor RelationsMike Lenihan - CFORahul Krotthapalli - VP, Equity ResearchConference Call ParticipantsAndrew Charles - Managing Director and Research Analyst ...
Texas Roadhouse(TXRH) - 2025 Q4 - Earnings Call Transcript
2026-02-19 23:00
Texas Roadhouse (NasdaqGS:TXRH) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker15Good evening, and welcome to the Texas Roadhouse fourth quarter earnings conference call. Today's call is being recorded. All participants are now in a listen-only mode. After the speaker's remarks, there will be a question-and-answer session. At that time, if you would like to ask a question, please press star, then the number one on your telephone keypad. Should anyone need assistance at any time during the confer ...
X @Bloomberg
Bloomberg· 2026-02-19 21:52
Texas Roadhouse shares climbed after the company reported robust sales growth for the start of the first quarter, even as fourth-quarter same-store sales fell short of Wall Street forecasts https://t.co/P3ch2UWe2K ...