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Texas Roadhouse: Beef Costs Bite, But Execution Still Wins

Texas Roadhouse ( TXRH ) is a holding of mine that, up until 2025 required almost no management from me. I bought at the end of the 2022 bear market and have seen my stake double since then, before itI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and high returns on invested ...