Lauren Silberman's questions to Texas Roadhouse Inc (TXRH) leadership • Q3 2024
Question
Lauren Silberman from Deutsche Bank inquired about any observed changes in consumer behavior across regions or dayparts and asked what was driving the traffic acceleration into the fourth quarter. She also asked about the impact of tougher upcoming comparisons.
Answer
Executive Michael Bailen reported that comp performance was consistently strong across all regions and dayparts in Q3. He attributed the October traffic acceleration to over 5% to operators' consistent delivery of a 'legendary experience' and strong value. Regarding tougher comps, management acknowledged they were strong but expressed confidence in the high demand for their brand.