Christopher O'Cull's questions to Texas Roadhouse Inc (TXRH) leadership • Q3 2024
Question
Christopher O'Cull from Stifel noted that newer Bubba's 33 locations appear to be generating significantly higher volumes than older stores and asked if this represents a new, higher expectation for the brand's new units.
Answer
CEO Gerald Morgan confirmed the positive trend and attributed it to a combination of strong site selection and improved operational execution during openings. He said the results show clear demand for the brand and reinforce the strategy of focusing on high-quality execution for new stores to capture this demand, calling it 'very exciting news'.