Texas Roadhouse Says People Are Ordering Less Booze

Restaurant chains like the margins alcohol can bring to their bottom lines; Texas Roadhouse itself has said its Bubba's pizza-and-wings chain, with a bit more focus on alcohol than its steakhouses, has benefited. Beverage makers are expanding their nonalcoholic offerings, which may sway some diners, while others may be ordering less alcohol to save a few bucks without forgoing a meal out. People bought less booze at Texas Roadhouse (TXRH) last quarter, and the steakhouse chain thinks that might be the case ...