The budget-friendly American steakhouse that is booming despite industry-wide restaurant closures

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The budget-friendly American steakhouse that is booming despite industry-wide restaurant closures

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Americans have been hit hard by soaring menu prices in recent years as restaurants pass on rising food and labor costs. But Texas Roadhouse has fought to keep prices low, offering steak, potatoes, and vegetables for around $20 to $25 - and it's paying off as families flock to the chain. The 31-year-old company, founded in Indiana rather than Texas, reported an 8.5 percent sales increase from July to September compared to the same period in 2023, continuing the momentum from earlier in the year.
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