"Texas Roadhouse has not only become the largest steakhouse chain in the U.S. but also the top-selling casual dining restaurant overall, achieving nearly $5.5 billion in sales in 2024."
"Outback Steakhouse, once the undisputed champion of American steak, has faced challenges with five straight years of traffic declines since 2021, leading to a reduction in locations."
"Texas Roadhouse's growth has been fueled by a strict focus on affordability without compromising quality, allowing it to expand from less than 500 locations in 2016 to nearly 700 by 2026."
Texas Roadhouse has emerged as the largest steakhouse chain in the U.S., surpassing Outback Steakhouse and LongHorn Steakhouse. Outback, once the leader, has experienced five consecutive years of traffic declines since 2021, resulting in a reduction of locations. Texas Roadhouse, with nearly 700 locations, has seen significant growth, adding almost 200 locations since 2016. In terms of sales, Texas Roadhouse generated nearly $5.5 billion in 2024, leading the casual dining sector, while LongHorn and Outback reported $3 billion and $2.7 billion, respectively.
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