Texas
Texas Roadhouse is winning the steakhouse rodeo
Turns out it’s not always better in the Outback. Texas Roadhouse is handily beating Outback Steakhouse in the barrel race to win American hearts and dollars.
Restaurant sales at Texas Roadhouse — a steakhouse chain (perplexingly) based in Kentucky — rose 10% (pdf) in the fourth quarter of 2023. Meanwhile, they fell at Outback Steakhouse — the Australian-themed restaurant company (more perplexingly) headquartered in Florida.
Eating out has steadily gotten more expensive for Americans over the past two years as inflation surged — much more so than buying groceries to cook at home. Food inflation in the U.S. is disproportionately driven by “food away from home” prices (up 5% in January) compared to “food at home” prices (up 1.2%).
Another issue for steakhouses in particular: an ongoing cattle supply shortage, which has caused U.S. beef prices to soar.
But even so, Texas Roadhouse has continued to draw more customers, with foot traffic at its restaurants increasing year-over-year in every quarter of 2023. At the same time, customer visits to Outback Steakhouse have fallen.
Texas Roadhouse CFO Chris Monroe was gleeful about the chain’s nimble performance. “Our restaurants are the busiest they’ve ever been,” he said on a call with investors Feb. 15.
The customer favoritism is widening a gap in stock performance, too. While Texas Roadhouse shares have increased 25% from January to record prices around $150, shares of Outback’s parent company Bloomin’ Brands have stayed around $27.
But Bloomin’ Brands doesn’t see itself getting bucked out of the market. The company told investors Friday that it still sees Outback outperforming the restaurant industry as a whole. The company said it’s looking to ramp up marketing and offer better deals to bring back customers turned off by higher prices. “We’re also potentially looking at some high quality menu items that may be a little bit lower price that we would introduce on the menu to help offset some of the pricing perceptions at Outback,” said an executive.
AUSTIN – Texas Attorney General Ken Paxton said Wednesday he has secured a settlement of bankruptcy claims against genetic testing company 23andMe stemming from a 2023 data breach that exposed personal information, including some genetic ancestry data, of 6.9 million customers worldwide.
Paxton’s office said the settlement includes $150 million for a multistate coalition of 42 states. But because of limited funds in 23andMe’s bankruptcy estate and competing claims, the states’ recovery will be $18 million paid immediately, with Texas receiving $1,266,860.
23andMe disclosed in October 2023 that attackers had accessed accounts affecting 6.9 million consumers. Some of the information was later posted for sale on the dark web, according to Paxton’s office, which said the company learned of the breach months after the data became publicly available. The office said 23andMe initially denied a breach and later blamed consumers’ account settings and password practices.
Paxton joined a multistate investigation that concluded 23andMe used unreasonable security practices and failed to implement adequate safeguards against hacking, the office said.
23andMe filed for bankruptcy protection in March 2025. Paxton’s office said the settlement incorporates privacy and cybersecurity requirements, including enhanced security standards, comprehensive risk assessments and creation of an independent advisory board, along with enforcement of state privacy laws and continued consumer data deletion rights.
“Companies that collect and profit from Texans’ most personal information have a legal duty to protect it,” Paxton said in a statement.
The company also agreed to a $46.75 million class-action settlement in the bankruptcy case for affected U.S. consumers who submitted claims by Feb. 17, 2026, Paxton’s office said.
Copyright 2026 by KPRC Click2Houston – All rights reserved.
The Texas Longhorns entered the 2025 season with more expectations than any team has had to deal with in recent memory.
Many among the media were ready to crown the team and quarterback Arch Manning before they even played one game. Of course, those unrealistic expectations were never met, even though the team finished with a 10-3 record and a Citrus Bowl win over the Michigan Wolverines.
2026 is heading in the same direction for the Longhorns. Many believe head coach Steve Sarkisian has the most talented team in the country. But in order to fix the issues from this past season, the Longhorns needed to fix one issue that has cost them in the past.
Changing The Narrative
One of the biggest issues the Longhorns had last season was the play of the offensive line. It was apparent in the first game of the season against the Ohio State Buckeyes that Manning didn’t have the pocket time needed to make big plays.
This offseason, Coach Sarkisian went out and found two massive transfer portal additions that should completely change the narrative on this offensive line.
It starts with potential starting right tackle Melvin Siani. Siani has spent time with the Temple Owls and last season with the Wake Forest Demon Deacons.
The Longhorns are set at left tackle with Trevor Goosby, who could play himself into being a top 10 pick in the 2027 NFL Draft. If the team can get competent play from Siani, the offense will be able to open up the playbook, and the world may finally see Manning at his college peak.
The Longhorns also went out and found a potential fix at left guard for the 2026 season. Western Kentucky Hilltoppers transfer Laurence Seymore could be another strong patch for the holes in the offensive line.
After spending the first two seasons of his college career with the Miami Hurricanes, Seymore made stops with the Akron Zips and the Hilltoppers.
Of course, the one concern with Seymore is wondering if he can compete at the SEC level coming from the C-USA.
This season for the Longhorns starts and stops with the play of Manning. Coach Sarkisian and the rest of this coaching staff understood that protecting their quarterback was the most important goal when building the 2026 roster.
The Longhorns are going to be leaning on veteran talent to protect their quarterback, and it may very well be the best decision they made this offseason.
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