Texas Roadhouse, the chain of steakhouses that aren’t actually from Texas, is continuing its upward trajectory after a glowing earnings call. Thursday, CEO Jerry Morgan announced the restaurant chain’s comparable store sales (or same-store sales) had grown by 7.1 percent and total revenue by 12.8 percent.
If you’ve been following restaurant news long enough, there are a handful of chains that reportedly have been doing A-okay since the pandemic. That includes Chili’s, Wingstop, Cava, and Texas Roadhouse. The rest have either been slowly trucking along, closing locations or filing for bankruptcy.
Some of the interesting numbers to come out of Thursday’s earnings calls included the chain’s average weekly sales. Each location, on average, is generating $174,151 a week. Of that amount, $25,374 were to-go sales. That’s a 6.8 and 14.8-percent increase compared to those same figures in the past year.
(That 14.8 percent for to-go orders was striking for Sarah Senatore with Bank of America, who noted in the Q&A portion of the call that it was likely the highest sales mix they’ve seen since shortly after the pandemic.)
Putting those sales numbers in context, there are more than a dozen Texas Roadhouse locations in the Greater Houston area and roughly 80 across the whole of Texas. That’s a lot of scrap!
For the fun of it, I looked back at how Taste of Texas did in Restaurant Business’ Top 100 Grossing Independents ranking from last year. The upscale steakhouse off the Katy Freeway pulled in $34,021,980 in 2024. Assuming every day is the same, that’s an average of $654,269 a week. Of course, the average check at the Houston restaurant is $71. Compare that to Texas Roadhouse, which is somewhere between the $20 to $40 range, according to multiple reports.