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Texas Roadhouse traffic rebounds. Here is what else the stock has going for it
Momentum at Texas Roadhouse is bouncing back just in time for summer.
14 words~1 min read
Momentum at Texas Roadhouse is bouncing back just in time for summer.
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High beef prices continued to weigh on profitability, overshadowing what was otherwise a solid quarter.

Shares of the restaurant chain fell more than 1% in extended trading. Beef prices are part of the reason why.

The move higher in the stock after-hours erases Thursday's regular-hours trading losses.

Live cattle futures have started to decline, fueling hopes for a relief in beef prices.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Beef costs are still pressuring portfolio name Texas Roadhouse and leading to shakeups at other industry players.