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Texas Roadhouse, Inc.
5/5/2022
Q4 without any additional pricing would be 4.1. And then on the labor turnover, yep, sure. On the turnover side, turnover continues to be high at the hourly level. I think that's just the dynamic we're probably going to live with for a little while. Staffing has gotten better. But, you know, the training costs, things like that, will probably, you know, stay up a little bit as we continue. We're very focused on the turnover as far as providing good training to our employees, development, holding on to them past that 90 days, tends to sometimes be kind of the point that they leave. And then on the management side, you know, our turnover, it sticks up a little bit from our very low levels where we were. And I think we continue to see that kind of hang in, maybe be a little lower as we continue throughout. So not really any change on the turnover side, I would tell you, from kind of what we've done before.
Yeah, I'd say we're pretty flat to where we were. We definitely haven't peaked or gone any higher. And I actually think it's starting to come down just a hair, but that's a good sign. So we're going to hope for the best on that. But people are settling in, staying put.
Thank you very much. Thank you.
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