Texas Roadhouse (TXRH) rises after Q1 revenue grows 12.8% and profit beats estimates

Texas Roadhouse (NASDAQ: TXRH) reported first-quarter 2026 revenue of $1.63 billion, up 12.8% from a year earlier and in line with Wall Street expectations, while GAAP earnings of $1.87 a share beat consensus estimates by 4.3%. Same-store sales rose 7.1%, supported by a 4.5% increase in guest traffic. Management cited menu demand, off-premise sales and technology-driven operating improvements as key contributors. CEO Jerry Morgan said traffic and mix trends indicate customers continue to value the chain’s dining experience. The stock traded at $181.29 as of May 13, 2026, up from $157.93 before the earnings release. Management said it expects commodity inflation, particularly beef costs, to ease in the second half of 2026. CFO Mike Lenihan said the company’s cash position and cash flow support growth investments and shareholder returns.