Brian Vaccaro's questions to Texas Roadhouse Inc (TXRH) leadership • Q3 2024
Question
Brian Vaccaro of Raymond James asked for an update on hourly employee turnover and retention trends. He also inquired about the expected cadence of commodity inflation in 2025, comparing the first half to the second half.
Answer
Executive Michael Bailen stated that while they don't disclose the specific metric, employee turnover continues to trend favorably and is at historical lows. On commodities, he expects slightly more inflation in the second half of 2025, primarily due to lapping easier comparisons from 2024, but does not foresee a dramatic difference between the two halves.