ROANOKE, Va. – Higher prices are coming to popular restaurant chain Texas Roadhouse, according to Louisville Business First.
During a call with investors, the news outlet reports that the company's president, Scott Colosi, said both "unprecedented labor pressure" and commodity inflation are eating into margins.
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Colosi said that by the start of the second quarter, Texas Roadhouse will raise its prices by about 1.5 percent to offset the difference.
The upcoming price increase follows a 1.7 percent increase that went into effect in the fourth quarter of last year.
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