📈 Price History

Ratio Health

— Excellent

— Good

— Average

— Poor

By Category

📊 Sector Averages

About

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It operates through Texas Roadhouse, Bubba’s 33, and Others segments. The company’s restaurants offer seasoned and aged steaks, ribs, seafood, chicken, pork chops, pulled pork, and vegetable plates, as well as an assortment of hamburgers, salads, and sandwiches; and pizza, wings, and various appetizers and dinner entrées. The company also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers brands. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

See full financials →

📊 Quick Scorecard

Loading…

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q2 2025

Confident Specific

Management repeatedly uses phrases like 'pleased with our second quarter results', 'strong traffic growth', 'all three brands contributed', and provides specific figures (e.g., 5.8% same-store sales, $1.5B revenue). They acknowledge beef inflation challenges but frame them as manageable with pricing and cost control.

Q3 2025

Confident Specific

Management used language like 'strong top-line momentum', 'highest quarterly growth of the year', 'resilient traffic', and 'winning formula'. They quantified results (revenue $1.4B, comps 6.1%, traffic 4.3%, weekly sales $162K) and gave specific forward guidance (commodity inflation 7% for 2026, 35 new openings). No defensive or hedging language was present.

Q4 2025

Confident Specific

Management consistently emphasized strong top-line results (60th consecutive comp quarter, 5.9B revenue, 2.8% traffic), celebrated milestones (800th restaurant, 70% of stores set sales records), and expressed confidence in their long-term strategy despite acknowledging commodity headwinds.

Q1 2026 latest

Confident Specific

The tone is upbeat and data-rich, with management repeatedly citing specific metrics like 7.1% comp sales, 4.5% traffic growth, and revenue over $1.6B. Phrases such as 'proud of the results', 'pleased with the strong flow through', and 'momentum has carried forward' reflect confidence. The CFO provided granular detail on commodity guidance, labor productivity, and pricing cadence without hedging.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis is strengthened by this call. Operational momentum is broad-based, with traffic accelerating despite industry volatility, driven by a proven value proposition and strong execution. The lowered commodity inflation guidance (6-7% vs prior ~7%) and stable labor costs provide margin support, while to-go growth adds incremental profitability. Management's cautious pricing approach and focus on guest experience suggest sustainable share gains. Key risks remain beef cost volatility and potential consumer pullback, but the updated guidance and Q2-to-date trends (~6.5% comps) reduce near-term uncertainty. Next quarter, watch: actual commodity inflation in Q2 (expected 7-8%), traffic sustainability, and progress on Bubba's unit economics and technology rollouts. The balanced capital allocation (growth investment plus shareholder returns) supports a favorable risk/reward.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Texas Roadhouse reports 7.1% same-store sales growth and 4.5% traffic in Q1 2026.

Revenue & Profitability

Revenue grew 12.8% to over $1.6 billion. Same-store sales increased 7.1%, driven by 4.5% traffic growth and a 2.6% average check increase. Diluted earnings per share were $1.87, up 9.6% year-over-year. Restaurant margin dollars rose 10.5% to $264 million.

Outlook

Management sees stable consumer demand and healthy traffic trends, with no significant changes in consumer behavior despite macroeconomic uncertainty. They note that beef costs remain elevated but expect relief over time. The company reduced its full-year 2026 commodity inflation guidance from 7% to 6%-7%, with Q2 expected to be the peak at 7%-8%.

Growth Drivers

The company expects approximately 35 company-owned openings in 2026, with 4 opened in Q1. Franchise partners plan 3 additional Jaggers and up to 6 international Texas Roadhouse openings. To-go business continues to grow, aided by technology and operational execution. Bubba's 33 is seen as having long-term potential beyond 200 units.

Balance Sheet & CapEx

Full-year 2026 capital expenditure guidance remains unchanged at approximately $400 million. In Q1, the company spent $158 million on capex, plus $72 million for the acquisition of five California franchise restaurants. Investments include digital kitchen technologies and handheld tablets for servers.

Margins

Restaurant margin as a percentage of total sales decreased 36 basis points to 16.3% due to 6.2% commodity inflation. Labor as a percentage of sales improved 46 basis points to 32.9%, with labor hours growing at approximately 35% of traffic growth. Other operating costs leveraged 36 basis points. Margin dollars per store week increased 4.5% year-over-year.

Key Risks

Key risks include commodity inflation, particularly beef, which is expected to remain elevated in Q2. Labor inflation is guided at 3%-4%. Weather had a net negative impact of 80 basis points on Q1 comparable sales. Management does not see a correlation between gas prices and traffic. The company's ability to maintain pricing discipline and operational execution is critical.

Generated by AI · Q1 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

🔍

🔎 See cross-company document search → ?

📞 Earnings Call Transcripts (5)

Q2 2026 Q2 2026 2026-08-06

Second quarter revenue grew 11.1% year-over-year, with same-store sales up 6.2% and robust traffic gains. Margin pressure from commodity inflation was partially offset by pricing and operational efficiencies. The company maintains a strong development pipeline and reduced its full-year commodity inflation outlook to 5%.

Q1 2026 Q1 2026 2026-05-07

First quarter revenue grew 12.8% to over $1.6 billion, with same-store sales up 7.1% and strong traffic growth. Commodity inflation guidance was reduced to 6%-7% for 2026, with Q2 expected to be the peak. Margin dollars and to-go sales both increased year-over-year.

Q4 2025 Q4 2025 2026-02-19

Revenue reached nearly $5.9B in 2025, with 4.9% same-store sales growth and strong traffic gains. Despite commodity and labor cost pressures, robust cash flow funded expansion, acquisitions, and increased shareholder returns. 2026 guidance anticipates continued inflation headwinds and steady unit growth.

Q3 2025 Q3 2025 2025-11-06

Record Q3 revenue and strong same-store sales growth were driven by robust consumer demand and operational execution. Commodity and labor inflation remain key challenges, but guidance for 2026 anticipates continued expansion, disciplined capital allocation, and further technology upgrades.

Q2 2025 Q2 2025 2025-08-07

Record Q2 revenue surpassed $1.5B, driven by 5.8% same-store sales growth and robust traffic. Beef inflation remains a key headwind, but expansion continues with new openings and franchise acquisitions. Off-premise and digital initiatives support ongoing top-line momentum.

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯

Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.

📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.