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Texas Roadhouse’s mixed results capture the conundrum this stock has become

Sagar11 months ago07 mins

Texas Roadhouse on Thursday evening reported mixed second-quarter results as elevated beef prices weighed on profitability. Still, the company posted strong comparable sales and said the ongoing third quarter was off to a great start, offsetting some fears around higher input prices. Revenue in the quarter ended July 1 increased 12.8% year over year to…

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  • JPMorgan names Petno and Rohrbaugh co-presidents; Lake exits
  • Sources: Celtics still actively talking Brown trad…
  • Government fraud-prevention efforts are on the rise
  • Trump admin bars Polestar from selling its new EVs in the US
  • Wendy’s turns lower as meme rally fails to extend to a second day

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