Texas Roadhouse reported mixed Q2 results with revenue up 12.8% to $1.51 billion, beating estimates, but EPS missed expectations at $1.86. Comparable sales increased 5.8% in the quarter, driven by traffic growth. The company plans to raise menu prices to offset inflationary pressures, including a 5% increase in commodity costs.
Read more at CNBC: Texas Roadhouse’s mixed results capture the conundrum this stock has become
