Highlights From Texas Roadhouse's Q2 2017 Results
Texas Roadhouse (NASDAQ: TXRH) has done it again. The casual restaurant chain is doing a circle dance around what is an otherwise struggling casual-dining industry. While others may be lamenting having a stake in casual-dining stocks, Roadhouse shareholders didn't get the memo.
The restaurant industry has been stuck in a steady decline for nearly two years. A combination of too many new restaurants and diners opting to eat at home are to blame. The negative trend has been only partially offset by menu price increases.
Source: Fool.com