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$9.04 0.14 (1.57%)
8/28/2008 4:00 PM

Texas Roadhouse, Inc. (TXRH)

CAPS Rating:
**

The Company is a full-service, casual dining restaurant chain. It offers an assortment of specially seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills.

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Avatar hey4ndr3w (98.43) Submitted: 5/07/08 11:41 AM : Underperform Start Price: $11.33 TXRH Score: 12.45

I'm shorting a slew of restaurants in which beef is a specialty item. They are going to get bombarded from every possible angle: increasing food costs brought on by massive increases in both transportation costs and the costs of feed for livestock; slowing consumer demand sparked by shrinking discretionary incomes; and rising wages for their employees brought on by the Fair Minimum Wage Act of 2007. Ouch.

Thumbs down on including APPB, CHUX, RT, RUTH, RYAN, SONC, STAR, TXRH.

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