James Sanderson's questions to Texas Roadhouse Inc (TXRH) leadership • Q3 2024
Question
James Sanderson of Northcoast Research inquired about the expected restaurant build-out costs for 2025 and asked for any feedback on advanced bookings for holiday parties.
Answer
CFO David Monroe stated that build-out costs for new restaurants are expected to be 'relatively stable' in 2025. He also clarified that Texas Roadhouse does not focus on the large party or banquet business, so holiday bookings are not a relevant performance indicator for the company.