We are selling 150 shares of Texas Roadhouse at roughly $183. Following the trade, Jim Cramer’s Charitable Trust will own 400 shares of TXRH, decreasing its weighting to about 1.85% from about 2.5%. We’re scaling back our position in the restaurant chain, which is up nearly 2% Monday. This will be our second Texas Roadhouse sale of 2026. We previously sold 50 shares on Jan. 12 at around $187 per share. Our trims are not due to a slowdown in the company’s business. When Texas Roadhouse reports earnings on Feb. 19, we expect to see another quarter of strong mid-single-digit same-store sales growth. With consumers increasingly focused on costs, Texas Roadhouse’s value proposition of a quality meal at a reasonable price has stood out. Our only concern is beef cost inflation, and the timing of any relief remains uncertain. To shape our expectations for beef prices and gain insight into when prices will come down, we read the earnings call on Monday from Tyson Foods , the largest meat producer in America. Tyson said it expects cattle supplies to remain tight through 2026 and 2027, which we view as an incremental negative for our Texas Roadhouse thesis. The restaurant operator has been calling for commodity inflation of about 7% in 2026, with inflation running higher in the first half of the year than in the second. But if Tyson is right and cattle supplies remain tight into 2027, it could push back the forecast on when beef pricing pressure eases. It’s possible that cattle inventory is bottoming, and there are other ways beyond cattle supply to bring down beef prices. For example, beef prices could fall from increased cattle imports from Mexico and Brazil. Still, Tyson has such a large view of the meat market that it would be imprudent of us to ignore. From this sale, we will realize a small average gain of about 1% on stock purchased last February. (Jim Cramer’s Charitable Trust is long TXRH. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.


