Q1 26 EPS
$1.87
BEAT +3.96%
Est. $1.80
Q1 26 Revenue
$1.63B
MISS 0.14%
Est. $1.64B
vs S&P Since Q1 26
+23.5%
BEATING MARKET
TXRH +28.9% vs S&P +5.5%
Market Reaction
Did TXRH Beat Earnings? Q1 2026 Results
Texas Roadhouse delivered a solid first quarter for fiscal 2026, posting diluted EPS of $1.87 against a consensus estimate of $1.80, a beat of roughly 3.96%, even as revenue of $1.63 billion came in just fractionally below the $1.64 billion analysts … Read more Texas Roadhouse delivered a solid first quarter for fiscal 2026, posting diluted EPS of $1.87 against a consensus estimate of $1.80, a beat of roughly 3.96%, even as revenue of $1.63 billion came in just fractionally below the $1.64 billion analysts had expected, a miss of only 0.14%. The top line still grew 12.8% year-over-year, powered by comparable restaurant sales growth of 7.1% and store week growth of 5.7% across the chain's expanding portfolio of 822 system locations. The primary tension in the quarter was margin compression, as commodity inflation of 6.2% and wage and labor inflation of 3.8% pushed food and beverage costs to 35.3% of restaurant sales, contributing to a 36 basis point decline in restaurant margin percentage to 16.3%, a dynamic that has drawn scrutiny from analysts watching the company's cost trajectory. Management noted early Q2 comparable sales growth of 6.5% through the first five weeks, implemented a roughly 1.9% menu price increase in early April, and maintained full-year capital expenditure guidance of approximately $400 million, signaling continued confidence in its long-term expansion plans.
Key Takeaways
- • Comparable restaurant sales increased 7.1% across all company concepts
- • Store weeks increased 5.7% year-over-year
- • Average weekly sales grew to $174,151 from $163,071
- • To-go sales increased to $25,374 per week from $22,146
- • Restaurant margin dollars increased 10.5% to $264.4 million
- • Share repurchases contributed to diluted EPS growth of 9.6%
- • Texas Roadhouse brand comparable sales up 7.5%
TXRH YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
TXRH Revenue by Segment
With YoY comparisons, source: SEC Filings
“We kicked off 2026 with terrific momentum, thanks to the hard work and discipline of all our operators. Our strong traffic trends continue to fuel sales growth, and it's clear that our commitment to delivering a legendary experience is appreciated by our guests.”
— Jerry Morgan, Q1 2026 Earnings Press Release
TXRH Earnings Trends
TXRH vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TXRH EPS Trend
Earnings per share: estimate vs actual
TXRH Revenue Trend
Quarterly revenue: estimate vs actual
TXRH Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.83 | $1.85 | +1.36% | $1.68B | +0.34% |
| Q1 26 BEAT | $1.80 | $1.87 | +3.96% | $1.63B | -0.14% |
| Q4 25 MISS FY | $1.50 | $1.28 | -14.52% | $1.48B | -0.87% |
| FY Full Year | $6.32 | $6.10 | -3.50% | $5.88B | -0.22% |
| Q3 25 MISS | $1.28 | $1.25 | -2.24% | $1.44B | +0.49% |
| Q2 25 MISS | $1.91 | $1.86 | -2.49% | $1.51B | +0.66% |
| Q1 25 MISS | $1.76 | $1.70 | -3.27% | $1.45B | +0.51% |