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Texas Roadhouse: Still Taking Share In The Battle Of The Steakhouses
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Texas Roadhouse: Still Taking Share In The Battle Of The Steakhouses

Seeking Alpha·Pedro Goulart·21 days ago
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Home Earnings Analysis Consumer  Summary Texas Roadhouse delivered a standout Q1, with accelerating same-store sales, robust traffic growth, and continued market share gains over Outback and LongHorn. Despite elevated beef costs pressuring margins, TXRH's value-focused strategy and in-house steak cutting support resilient unit economics and industry-leading traffic. I maintain a Buy rating with a $190 price target, underpinned by strong FCF, disciplined capital allocation, and potential for further expansion. Normalized beef prices and aggressive growth in Bubba's 33 and Jaggers could drive substantial upside, with long-term value not fully reflected in current multiples. Stanislav Hubkin/iStock via Getty Images It's safe to say the market loved what it saw from Texas Roadhouse ( TXRH ).…

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