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-0.000886420044911983 -0.00233423945160136 -0.00390024819761256 -0.00508214159082842 0.00295473348303983 0.00215695544261913 0.00728341803569327 0.0105188511996218
Stock impact report

Tax refunds can't outpace gas prices, dampening optimism for restaurant operators [Yahoo! Finance]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
When the year kicked off, there was some optimism — albeit cautious — about the tax refunds coming from the One Big Beautiful Bill Act passed last year providing some discretionary spending momentum for consumers who have otherwise pulled back on restaurant visits. We heard some of that optimism trickle into fourth quarter earnings calls throughout February, as well.  During his company's Q4 call, for example, Chipotle chief executive officer Scott Boatwright said they believed the tax refunds would provide a “nice bump” in spending for the under-$100,000-in-household income crowd.  Texas Roadhouse head of investor relations Michael Bailen said refunds have the potential to be a tailwind for the company.  “When people are getting a larger than normal refund, it may result in them looking to spend some of that,” he said.  IHOP president Lawrence Kim told analysts earlier this month that his company, along with sibling chain Applebee's, also expect the stimulus to have an impac Show less Read more
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