Texas Roadhouse Q2 Earnings Miss As Beef Costs Jump

Texas Roadhouse (TXRH) reported mixed second-quarter results after the market close Monday, as earnings came in below estimates while revenue rose more than expected. The chain of Southern-style steakhouses reported Q2 net income of $21.1 million, down from $23.1 million in the same quarter a year ago. That translated to a 9% drop in earnings per share to 30 cents. Wall Street expected an EPS increase to 37 cents. Revenue rose 15% to $454.7

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