Texas Roadhouse Inc

Latest Report Overview

Texas Roadhouse Inc (TXRH) reported For the quarterly period ended June 30, 2026 (Issuer fiscal Q2 FY2026) revenue of $1,680 million with diluted EPS of $1.85 and net income of $122 million. Operating margin was 8.5%, and free cash flow was $81.5 million for the period.

Key Takeaways for Texas Roadhouse Inc

• Texas Roadhouse reported Q2 2026 revenue of $1.68 billion, representing an 11.1% YoY increase driven by positive comparable restaurant sales and new unit openings.
• Diluted EPS for Q2 2026 reached $1.85 compared to $1.86 in the prior year period, reflecting stable profitability amidst modest cost pressures in labor and food inputs.
• During the quarter, the company acquired five domestic franchise restaurants for a purchase price of $71.7 million, continuing its long-term strategy of consolidating franchise units.
• The board of directors declared a quarterly cash dividend of $0.75 per share, reflecting a step-up from prior periods as part of consistent capital return policies.
• The company repurchased 161,215 shares of common stock for $28.2 million during the quarter under its $500 million authorized stock repurchase program, leaving $351.8 million remaining capacity.
• Total liquidity remains solid with $202.4 million in cash and cash equivalents and $397.6 million available under its $450 million unsecured revolving credit facility.

What Does Texas Roadhouse Inc Do?

Texas Roadhouse, Inc. is a growing restaurant company operating three distinct concepts: Texas Roadhouse, Bubba's 33, and Jaggers. The flagship Texas Roadhouse concept is a casual, full-service restaurant chain known for its hand-cut steaks, made-from-scratch sides, fresh-baked bread, and lively, high-energy atmosphere targeted at families and mainstream consumers. Bubba's 33 is a family-friendly restaurant offering a broader menu including pizza, burgers, and wings with a sports-themed environment, while Jaggers focuses on fast-casual chicken tenders and burgers. As of mid-2026, the company owns, operates, and franchises hundreds of restaurants across nearly all U.S. states, a U.S. territory, and multiple international countries. Scale indicators include over $6.2 billion in trailing twelve-month revenue, thousands of employees, and robust restaurant-level unit economics that drive consistent expansion.

Growth Drivers for Texas Roadhouse Inc

• Opening new company-operated Texas Roadhouse, Bubba's 33, and Jaggers restaurants across domestic and international markets.
• Acquiring existing franchise restaurants to convert them into company-operated units, driving margin capture and earnings accretion.
• Driving positive comparable restaurant sales through strategic menu pricing and guest traffic growth.
• Expanding brand awareness and digital ordering initiatives to enhance off-premise sales and guest convenience.
• Developing secondary concepts like Bubba's 33 and Jaggers to diversify long-term revenue streams beyond the core steakhouse format.