Texas Roadhouse(NASDAQ) TXRH

Texas Roadhouse, Inc. runs casual restaurants for families and travelers. It serves hand-cut steaks and other meals across many states. The company manages three different dining brands for its guests.

What Is on the Menu?

• Texas Roadhouse: Full-service steakhouse brand featuring hand-cut steaks and ribs; represents 99.6% of revenue when combined with other concept sales.
• Bubba's 33: Family dining concept focused on burgers, pizza, and beer; accounts for a portion of the restaurant sales segment.
• Jaggers: Fast-casual brand serving burgers, chicken, and salads; included in the non-reportable operating segments.
• Franchise Operations: Licensing brands to third-party operators in exchange for fees; accounted for 0.4% of revenue in the 13-week period ended June 30, 2026.

Expanding the Brand Footprint

• Acquired five franchise restaurants in the 26-week period ended June 30, 2026.
• Opened nine Texas Roadhouse and three Bubba's 33 company-owned locations in 2026.
• Purchased 17 franchise locations during the first 26 weeks of 2025.
• Increased the quarterly cash dividend to $0.75 per share in Feb. 2026.

How the Business Stays Efficient

The company manages costs by locking in prices for 60% of its forecasted commodity needs for the rest of 2026. It uses a non-GAAP metric called restaurant margin to measure efficiency by subtracting store operating costs from sales.

By the Numbers

• Total revenue rose 11.1% to $1.68 billion in the 13-week period ended June 30, 2026.
• Comparable restaurant sales, which track performance at older locations, grew 6.2% in the 13-week period ended June 30, 2026.
• Net income decreased 1.7% to $121.9 million in the 13-week period ended June 30, 2026.
• Diluted earnings per share reached $1.85 in the 13-week period ended June 30, 2026, down 0.7% year over year.

Bottom Line

Texas Roadhouse has evolved from a single steakhouse into a multi-brand dining operator with over 800 locations. Its strategy focuses on increasing guest traffic and expanding its footprint through new openings and franchise acquisitions.