Both same-store sales (+7.3%) and customer traffic (+1.1%)jumped during Q4 2022as well.
“It was only five years ago when we exceeded $2 billion in revenue.
“Despite inflationary pressures, our strong topline results helped us achieve significant growth.”
Photo: Adobe Stock. Design: Joe Heroun / Eat This Not That
These positive trends show no signs of slowing in 2023.Q1 sales so farare up an astounding 15.8% year-over-year.
And that’s not all.
“The reason I’m optimistic about our brand is because we are value-based.
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Two made-from-scratch sides and bread?
That’s a lot of food.
And we’re never going to commoditize our experience.
Texas Roadhouse / Facebook
There is pride in baking our own bread and chopping vegetables and making potatoes each day.
We’re serious when we say we need to earn every customer,” he explained at the time.
That same report also named the steakhouse the fastest-growing chain in the ranking.
Texas Roadhouse / Twitter
Here aresix of the biggest changes you’ll see at Texas Roadhouse this year.
Overall, the brand is aiming for as many as 900 restaurants in the future.
Looking ahead, however, management is keen on expanding into more urban areas and cities.
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“So, we are expanding a little bit.
For a company our size and what we want to accomplish, we have to try some new things.
This gives Texas Roadhouse the chance to collect real-time feedback beyond just dine-in customers.
Meaghan Cameron/Eat This, Not That!
“Preserving and retaining our to-go guests are now huge parts of our business.
We can deal with feedback in restaurants on the spot.
With to-go, once they leave, we lose that connection.
Texas Roadhouse / Facebook
This data changes that and helps us get better,” he commented.
All that being said, a price jump is coming to Texas Roadhouse in 2023.
Earlier this year, the brandannounced plans for a menu price increaseof approximately 2.2% in late March.
