Texas Roadhouse Inc

TXRH: XNAS (USA)
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Texas Roadhouse Earnings: Prudent Investment Persists Despite Softer Traffic; Shares Rich

Texas Roadhouse delivered 4.3% comparable sales growth in the third quarter, including 3.6% check and 0.7% traffic lifts. As a result, sales leverage and check growth outpacing food inflation buoyed restaurant-level margin expansion by 30 basis points to 14.2%.

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