Texas Roadhouse Rolls Out Mid-Single-Digit Menu Price Hikes
TXRH•Texas Roadhouse announced menu price increases at its U.S. restaurants to mitigate elevated supply and labor costs. The company expects these mid-single-digit hikes on steak and appetizer items to support margins affected by recent cost inflation.
1. Price Increase Implementation
Texas Roadhouse has implemented menu price increases averaging mid-single digits across steak, appetizer and beverage categories at its U.S. restaurants, effective this month to help offset inflation-driven supply and labor expenses.
2. Financial Impact Outlook
Management expects the price adjustments to stabilize gross margins under pressure from rising commodity and wage costs, while closely monitoring same-store sales and guest counts for potential traffic changes.
