Rahul Krotthapalli's questions to Texas Roadhouse Inc (TXRH) leadership • Q3 2024
Question
Rahul Krotthapalli from JPMorgan Chase & Co. asked about the risk of grocery stores discounting beef, which could shift demand to at-home consumption. He also inquired about potential impacts from the presidential election and a shorter holiday season.
Answer
CFO David Monroe acknowledged that a lack of retail discounting on steak has benefited them, and a shift in that trend would be a risk. Regarding macro events, management noted that past election cycles had little impact on trends, and a similarly short holiday calendar in 2019 did not cause any significant issues.