Texas Roadhouse: 5 Key Takeaways for Long-Term Investors
Despite ongoing cost pressures, Texas Roadhouse's value-focused approach continues to drive industry-leading traffic growth.

Texas Roadhouse (NASDAQ: TXRH) reported its fourth-quarter 2024 earnings on February 20, 2025, capping off what CEO Jerry Morgan described as a "memorable year" for the company. The casual dining chain delivered strong performance across its portfolio of brands, with positive traffic growth leading to record-setting average unit volumes. These insights provide important context for long-term investors evaluating the company's competitive position and growth trajectory.
In a restaurant environment where many competitors struggle to maintain customer counts, Texas Roadhouse's ability to drive guest traffic rather than relying solely on price increases demonstrates the enduring appeal of its value proposition.
2024 was a memorable year for Texas Roadhouse with strong performance in all aspects of our business. Thanks to positive traffic growth at all three brands, revenue grew to nearly $5.4 billion, and average unit volume exceeded $8 million for the first time in our history.