Texas Roadhouse Inc. shares fell in postmarket trading Thursday after the company lifted its forecast for commodity inflation for this year and predicted an acceleration next year.
The Louisville, Kentucky-based chain now expects its commodity prices, driven by high beef prices, to rise about 6% in 2025, up from roughly 5% projected last quarter, it said in a statement Bloomberg TerminalThursday. For 2026, it sees those costs increasing around 7%.