RBC upgrades Texas Roadhouse as expansion and margins improve
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RBC Capital upgraded Texas Roadhouse to Outperform, highlighting favorable beef price trends and strong traffic growth. In Q1 2026, revenue increased by 12.8% to $1.63B, with same-store sales up 7.1% despite higher menu prices. The chain is expanding with new U.S. and international locations, including a store in Seoul.
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