Texas Roadhouse (TXRH) Company Report

Texas Roadhouse reported Q4 2025 revenue growth of 3.1% and a 26.1% decrease in diluted earnings per share to $1.28, with comparable sales up 4.2%. For the full year 2025, revenue grew to nearly $5.9 billion.
For 2026, the company expects approximately 35 new company restaurant openings, with commodity inflation guided at approximately 7% and wage and other labor inflation at 3%-4%. A 1.9% menu price increase will be implemented at the beginning of the second quarter.
The quarterly dividend was increased by 10% to $0.75 per quarter. Mike Lenihan was also introduced as the new Chief Financial Officer.

Feb 19, 2026, 10:00 PM

Transcript

Texas Roadhouse Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook

TXRH

Earnings

Guidance Update

Dividends

Texas Roadhouse achieved nearly $5.9 billion in revenue and 4.9% comparable restaurant sales growth for the full year 2025, marking its 60th consecutive quarter of comparable sales growth (excluding 2020). For Q4 2025, revenue grew 3.1%, but diluted earnings per share decreased 26.1% to $1.28, impacted by lapping an additional week in the prior year.
For 2026, the company expects approximately 35 new company restaurant openings, anticipates commodity inflation of about 7%, and wage and other labor inflation of 3%-4%. A 1.9% menu price increase will be implemented at the beginning of the second quarter.
The company announced a 10% increase to its quarterly dividend, raising it to $0.75 per quarter, and in 2025, returned $180 million to shareholders through dividends and $150 million in share repurchases. Mike Lenihan was also welcomed as the new CFO.

Feb 19, 2026, 10:00 PM

Transcript

Texas Roadhouse Reports Q4 and Full Year 2025 Results, Provides 2026 Outlook

TXRH

Earnings

Guidance Update

Dividends

Texas Roadhouse reported FY 2025 revenue of nearly $5.9 billion and 4.9% comparable restaurant sales growth, including 2.8% traffic growth. For Q4 2025, revenue grew 3.1%, while diluted earnings per share decreased 26.1% to $1.28, primarily due to 9.5% commodity inflation and lapping an additional week in the prior year.
The company provided a 2026 outlook expecting approximately 35 new company restaurant openings, 7% commodity inflation, 3%-4% wage and other labor inflation, and $400 million in capital expenditures.
Texas Roadhouse announced a 10% increase in its quarterly dividend to $0.75 per share and plans to implement a 1.9% menu price increase at the beginning of the second quarter of 2026.
Mike Lenihan was welcomed as the new Chief Financial Officer.

Feb 19, 2026, 10:00 PM

Transcript

Texas Roadhouse Reports Mixed 2025 Results with EPS Decline Amid Revenue Growth and Dividend Hike

TXRH

Earnings

Dividends

Guidance Update

Texas Roadhouse reported 2025 revenue of nearly $5.9 billion and Q4 revenue of about $1.48 billion, with comparable-restaurant sales growing 4.2% in Q4 and 4.9% for the year.
Despite revenue growth, GAAP EPS fell to $1.28 in Q4, a decline of roughly 26% year-over-year, as restaurant margin dollars decreased 15.6% to $205 million due to 9.5% commodity inflation and other factors.
Management cited beef-driven commodity inflation and the lapping of an extra week in 2024 as primary headwinds, guiding for commodity inflation near 7% in 2026 with continued labor-cost pressures.
The company raised its quarterly dividend to $0.75 and repurchased shares, while also acquiring 20 franchise locations for approximately $108 million and planning ~$388–$400 million in 2026 capital spending.

Feb 19, 2026, 9:22 PM

Bloomberg

Texas Roadhouse, Inc. Announces Fourth Quarter and Fiscal Year 2025 Results

TXRH

Earnings

Dividends

Guidance Update

Texas Roadhouse, Inc. reported Q4 2025 total revenue of $1,482,031 thousand and diluted earnings per share of $1.28, with comparable restaurant sales increasing 4.2% at company restaurants.
For the full fiscal year 2025, the company achieved total revenue of $5,878,075 thousand and diluted earnings per share of $6.10.
The Board of Directors approved an increased quarterly cash dividend of $0.75 per share, which will be distributed on March 31, 2026.
Management reiterated 2026 expectations, including positive comparable restaurant sales growth, 5% to 6% store week growth, approximately 7% commodity inflation, 3% to 4% wage and other labor inflation, and total capital expenditures of approximately $400 million.
During Q4 2025, the company repurchased $50.0 million of common stock.

Feb 19, 2026, 9:05 PM

8-K

The Marzetti Company Reports Fiscal Second Quarter 2026 Results and Announces Acquisition

TXRH

Earnings

Dividends

M&A

For the fiscal second quarter ended December 31, 2025, The Marzetti Company reported a 1.7% increase in consolidated net sales to $518.0 million and diluted earnings per share of $2.15, up from $1.78 in the prior year.
Year-to-date, for the six months ended December 31, 2025, consolidated net sales rose 3.6% to $1,011.4 million, with diluted earnings per share reaching $3.86.
The company announced a definitive agreement to acquire Bachan's, Inc. after the quarter end, and increased its quarterly cash dividend to $1.00 per common share for the 63rd consecutive year.

Feb 3, 2026, 12:30 PM

Press Release

Texas Roadhouse Attracts Investment from BlackBird Financial

TXRH

New Projects/Investments

Revenue Acceleration/Inflection

Guidance Update

BlackBird Financial LP, founded by Judah Spinner, has acquired a meaningful stake in Texas Roadhouse, Inc., citing the company's exceptional store-level economics and long-term growth potential.
In 2024, Texas Roadhouse became the largest casual-dining restaurant brand in the U.S., achieving $5.5 billion in system-wide sales, a robust 14.7% increase year-over-year.
The company's strong operational performance includes company-owned locations generating over $7 million in annual sales per restaurant and projections for opening over 30 new locations in 2025.
For fiscal year 2024, Texas Roadhouse reported approximately 9.6% operating margins and 17.6% gross margins, supported by a conservative balance sheet and capital allocation discipline.

Nov 11, 2025, 4:00 PM

Press Release

Texas Roadhouse Reports Q3 2025 Results and Provides 2026 Outlook

TXRH

Earnings

Guidance Update

M&A

Texas Roadhouse reported Q3 2025 revenue of $1.4 billion, representing 12.8% growth, with comparable sales increasing 6.1% driven by 4.3% traffic growth. Diluted earnings per share decreased 0.8% to $1.25.
The company updated its full-year 2025 commodity inflation guidance to approximately 6% and set initial 2026 guidance at approximately 7%. Wage and other labor inflation guidance remains at approximately 4% for 2025 and is set at 3%-4% for 2026.
Texas Roadhouse is on track to open approximately 30 restaurants across its three brands in 2025 and expects to open approximately 35 company-owned restaurants in 2026, including 20 Texas Roadhouse, 10 Bubba's 33, and up to 5 Jaggers.
The company acquired 20 franchise restaurants in 2025 and plans to acquire five California franchise locations in early 2026, after which approximately 30-31 franchises will remain. Initial 2026 capital expenditure guidance is approximately $400 million.

Nov 6, 2025, 10:00 PM

Transcript

Texas Roadhouse Reports Strong Q3 2025 Revenue and Sales Growth, Updates Inflation Guidance

TXRH

Earnings

Guidance Update

Revenue Acceleration/Inflection

Q3 2025 revenue reached $1.4 billion, marking a 12.8% growth year-over-year, with comparable sales increasing 6.1%, driven by 4.3% traffic growth.
Diluted earnings per share for Q3 2025 decreased 0.8% to $1.25.
The company updated its full-year 2025 commodity inflation guidance to approximately 6% and provided initial 2026 guidance of approximately 7%, primarily due to higher beef prices.
For 2026, Texas Roadhouse plans to open approximately 35 company-owned restaurants and 10 new franchise restaurants, with capital expenditures projected at approximately $400 million.
Management expects an approximately 10% negative year-over-year impact on Q4 2025 EPS growth due to lapping a 14-week quarter from the prior year.

Nov 6, 2025, 10:00 PM

Transcript

Texas Roadhouse Reports Strong Q3 2025 Revenue and Traffic Growth

TXRH

Earnings

Guidance Update

Revenue Acceleration/Inflection

Texas Roadhouse reported strong top-line momentum in Q3 2025, with revenue topping $1.4 billion and growing 12.8% year-over-year.
Same-store sales increased 6.1% in Q3 2025, driven by 4.3% traffic growth and a 1.8% increase in average check.
The company updated its full-year 2025 commodity inflation guidance to approximately 6% and set initial 2026 guidance at approximately 7%.
Texas Roadhouse plans to open approximately 30 restaurants across its three brands in 2025 and approximately 35 company-owned restaurants in 2026, alongside 10 new franchise locations.
Diluted earnings per share decreased 0.8% to $1.25 in Q3 2025.

Nov 6, 2025, 10:00 PM

Transcript

Earnings Transcripts

Quarterly earnings call transcripts for Texas Roadhouse.

Q4 2025

Feb 19, 2026

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Q3 2025

Nov 6, 2025

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Q2 2025

Aug 7, 2025

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View All Transcripts

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Texas Roadhouse (TXRH)

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