Texas Roadhousehassoared in popularitythis year.
While the chain has been on quite a sales streak, its profit margins have been a different story.
Elevated costs for labor and beef have been shaving away at Texas Roadhouse’s restaurant-level profits.
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And if things continue to get worse, customers may have to foot the bill for those inflated costs.
“We will continue to monitor it,” he said of the beef prices.
“It’s a big part of our menu.
Photo: Meaghan Cameron/Eat This, Not That!
It is the cost of doing business right now.
Texas Roadhouse will start working with its operators soon to decide on any potential price increases, Morgan said.
Texas Roadhouse did not immediately respond to our queries for more details on the potential price increases.
The companyraised prices by 2.2%at the start of the second quarter of 2023.
Customers can hold out hope that Texas Roadhouse’s beef and labor prices ease over the next few months.
