Texas Roadhouse reported first-quarter 2026 revenue of $1.63 billion, a 12.8 percent increase over the prior year, as the Louisville-based steakhouse chain continued to outperform the full-service restaurant sector. Diluted earnings per share rose 9.6 percent to $1.87, beating analyst consensus estimates by 4.5 percent. The results, released on May 7, 2026, sent TXRH shares surging approximately 7 percent in after-h
Texas Roadhouse (NASDAQ: TXRH) posted company restaurant comparable sales growth of 7.1 percent during the 13 weeks ended March 31, 2026, driven by strong guest traffic and a menu price increase of approximately 1.9 percent implemented in early April. The company now operates 822 total restaurants systemwide, including 723 company-owned and 99 franchise locations.
Texas Roadhouse delivered broad-based financial improvement across all major line items during the first quarter. Total revenue reached $1,633,166 thousand, up from $1,447,648 thousand a year earlier. Income from operations increased 8.6 percent to $146.3 million, while net income attributable to the company rose to $123.4 million from $113.7 million.
The company’s Board of Directors approved a quarterly cash dividend of $0.75 per share, up from $0.68 a year ago — a 10.3 percent increase — payable on June 30, 2026, to shareholders of record on June 2, 2026. This continued dividend growth reflects management’s confidence in the company’s cash generation capabilities.
Texas Roadhouse reiterated its 2026 guidance, projecting positive comparable restaurant sales growth, store week growth of 5 to 6 percent (including franchise acquisitions), wage inflation of 3 to 4 percent, and total capital expenditures of approximately $400 million. Commodity inflation guidance was updated to 6 to 7 percent, slightly higher than earlier projections. The company has previously outlined plans to open approximately 35 new company restaurants in 2026, including 20 Texas Roadhouse locations, 10 Bubba’s 33, and up to five Jaggers units.
Texas Roadhouse’s 7.1 percent comparable sales growth significantly outpaced the broader full-service restaurant category, which has seen average comparable sales growth in the low single digits during early 2026. The company’s ability to drive traffic growth — not merely price-driven gains — distinguishes it from many peers struggling with declining guest counts.
CEO Jerry Morgan, who recently received the prestigious 2026 Silver Plate Award from the International Foodservice Manufacturers Association, has maintained the chain’s focus on hand-cut steaks, made-from-scratch sides, and a value-driven pricing model that resonates with consumers despite inflationary pressures.
“We are pleased with our results,” said Jerry Morgan, CEO of Texas Roadhouse.
While Texas Roadhouse has historically concentrated on company-owned domestic growth, its international franchise footprint now spans 99 locations, with franchise partners on track to open six new international restaurants in 2026. The company’s recent expansion into South Korea through partner Hyundai Greenfood demonstrates ongoing appetite for premium casual dining concepts in Asian markets.
The Q1 2026 results reinforce Texas Roadhouse’s position as one of the strongest operators in the casual dining segment. For F&B franchise investors evaluating opportunities in 2026, the combination of robust unit economics, strong same-store sales momentum, and conservative financial management makes Texas Roadhouse a benchmark for assessing full-service restaurant franchise potential in emerging markets.
Source: GlobeNewswire — Texas Roadhouse, Inc. Announces First Quarter 2026 Results
