Sign in

    Sara Senatore • Bank of America

    Sara Senatore's questions to Texas Roadhouse Inc (TXRH) leadership

    Sara Senatore's questions to Texas Roadhouse Inc (TXRH) leadership • Q2 2025

    Question

    Sara Senatore of Bank of America inquired about the dynamics driving the upward revision in beef inflation guidance, contrasting with last year's trends, and questioned if the Q3 peak was related to timing.

    Answer

    Michael Bailen, Senior Director & Head of IR and Financial Analysis, explained that the updated guidance reflects resilient retail demand for beef combined with a tighter supply from producers. He noted this drove costs higher in June, which will impact Q3 results. Bailen added that the company has 80% of its beef needs locked for Q3 and 50% for Q4.

    Ask Fintool Equity Research AI

    Sara Senatore's questions to Shake Shack Inc (SHAK) leadership

    Sara Senatore's questions to Shake Shack Inc (SHAK) leadership • Q3 2024

    Question

    Sara Senatore of Bank of America asked for clarification on the financial impact of recent store closures and the reason for a slight reduction in the licensed store opening forecast.

    Answer

    CFO Katie Fogertey confirmed the 9 closed Shacks generated $17 million in trailing sales and were loss-making, so their closure provides a benefit to the restaurant profit margin line. CEO Rob Lynch explained the licensed forecast adjustment was due to timing shifts on a few openings from Q4 to Q1, and noted that despite geopolitical headwinds, China and the Middle East remain fast-growing markets.

    Ask Fintool Equity Research AI