Texas Roadhouse sees 25-30 Texas Roadhouse company restaurant openings

Comparable restaurant sales at company restaurants for the first seven weeks of our first quarter of fiscal 2023 increased 15.8% compared to 2022. In addition, the Company plans to implement a menu price increase of approximately 2.2% in late March. Management updated the following expectations for 2023:Store week growth of at least 6% including the impact of the franchise locations acquired;25 to 30 Texas Roadhouse and Bubba’s 33 company restaurant openings; and,An effective income tax rate of approximately 14% excluding the impact of any legislative changes enacted.