Jane buys TXRH 38.12: This should indicate a lower cost on the second half of the year, but it could be offset by weaker sales in the second half depending on how the advertisements are timed.

On the other hand, the year over year comparison also saw a material change in the advertising costs recorded in the second quarter. Seeing the low costs so far, those costs should be end weighted and most likely driven by higher beef costs. Ruth's Hospitality Group was not suffering from those effects as they contracted with suppliers in advance to lock in their beef costs. That is interesting because beef prices across the industry were up materially year over year. All around it looked like a fairly solid quarter for the restaurant; however shares have dropped materially and there were some important comments in the earnings call for projecting performance for RUTH going into the next quarter.


Macy:
On average, equities analysts predict that Texas Roadhouse will post $1.38 earnings per share for the current fiscal year.

Susie:
Fifteen analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Genia:
BTIG Research initiated coverage on Texas Roadhouse in a research note on Wednesday, July 15th.

Laverna:
Goldman Sachs initiated coverage on Texas Roadhouse in a research note on Wednesday, July 1st.

Kendal:
Deutsche Bank initiated coverage on Texas Roadhouse in a research report on Friday, May 29th.

Ashlie:
Stephens reiterated an overweight rating and set a $42.00 price objective on shares of Texas Roadhouse in a report on Tuesday, May 26th.

Elba:
Temporary food cost increases are unlikely to hurt the company over the long haul.

Cordelia:
The company's restaurant count is very low in comparison to other restaurant chains (e.g.

Mimi:
With not even 500 total restaurants, the company should be able to grow not only in the next couple of years, but also beyond.

Keesha:
I expect Texas Roadhouse to increase its pricing during H2, thus offsetting the negative impact of higher food costs.

Texas Roadhouse (NASDAQ:TXRH)
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