Texas Roadhouse Stock Earnings Reports

Texas Roadhouse delivered a strong start to 2026: revenue topped $1.6 billion in Q1, comparable sales rose 7.1% (driven by 4.5% traffic growth and a 2.6% check increase), and diluted EPS was $1.87, up 9.6% year-over-year. Management highlighted positive flow-through to margin dollars (restaurant margin dollars up 10.5% to $264 million) and continued momentum in both dine-in and off-premise channels (To-Go represented 14.6% of weekly sales). They reduced full-year commodity inflation guidance to 6%–7% (down from ~7%), while noting Q2 will be the peak for commodity pressure (management expects Q2 commodity inflation around 7%–8%). Wage and other labor inflation guidance remains 3%–4% for 2026, with improved labor productivity in Q1. Capital deployment remains active: ~35 company openings expected for the year (openings weighted to back half), franchise and international development progressing, capex guidance unchanged at ~ $400 million, and the company finished the quarter with $215 million cash and strong operating cash flow of $259 million (partially used for capex, dividends, buybacks and a $72 million acquisition of 5 CA franchise restaurants). Management emphasized technology investments (digital kitchen, handheld tablets) supporting higher To-Go volume without harming dine-in experience and reiterated confidence in brand value and execution amid industry volatility.