CAKE - Texas Roadhouse hits record high on increased profitability easing costs pressures
2024-05-03 12:30:40 ET
Buoyed by a 12% increase in sales and expectations for cost pressures to moderate, shares of Texas Roadhouse ( NASDAQ: TXRH ) were sent to a record high on Friday, giving a boost to other names in the sector like Brinker International ( EAT ), The Cheesecake Factory ( CAKE ), and Darden Restaurants ( DRI )....
Texas Roadhouse hits record high on increased profitability, easing costs pressures