Q2 26 EPS GAAP
$1.85
BEAT +1.36%
Est. $1.83
Q2 26 Revenue
$1.68B
BEAT +0.34%
Est. $1.67B
vs S&P Since Q2 26
-1.3%
TRAILING MARKET
TXRH -0.7% vs S&P +0.6%
Market Reaction
Did TXRH Beat Earnings? Q2 2026 Results
Texas Roadhouse delivered a solid but nuanced second quarter for fiscal 2026, posting revenue of $1.68 billion, up 11.1% year-over-year, while GAAP diluted earnings per share edged down slightly to $1.85 from $1.86 in the prior-year period. The top-l… Read more Texas Roadhouse delivered a solid but nuanced second quarter for fiscal 2026, posting revenue of $1.68 billion, up 11.1% year-over-year, while GAAP diluted earnings per share edged down slightly to $1.85 from $1.86 in the prior-year period. The top-line strength was fueled by a 6.2% rise in comparable restaurant sales and 5.0% store week growth, with average weekly sales climbing to $177,252 from $167,350. The modest EPS dip reflected cost headwinds that tempered the revenue momentum, particularly commodity inflation of 7.0% and a jump in general and administrative expenses to $72.41 million from $62.76 million, which squeezed restaurant margin as a percentage of sales by 66 basis points to 16.4%. Analysts had been watching beef cost pressures closely heading into the print, and those concerns proved warranted. Looking ahead, management updated its commodity inflation outlook to approximately 5% for 2026 while reiterating store week growth of 5% to 6%, and noted that comparable restaurant sales for the first five weeks of Q3 rose 6.2%, signaling continued consumer demand across its three-brand portfolio.
Key Takeaways
- • Comparable restaurant sales increased 6.2% driven by strong traffic trends
- • Store weeks increased 5.0% year-over-year
- • Average weekly sales of $177,252, up from $167,350 in the prior year
- • Restaurant margin dollars increased 6.9% to $275.1 million
- • To-go sales of $25,369 per week vs. $22,243 in prior year
TXRH Forward Guidance & Outlook
Comparable restaurant sales at company restaurants for the first five weeks of Q3 2026 increased 6.2% vs. 2025. Management updated expectations for commodity inflation to approximately 5% and an effective income tax rate of approximately 14%. Reiterated expectations include: positive comparable restaurant sales growth including menu pricing benefits; store week growth of 5% to 6% (including franchise acquisitions); wage and other labor inflation of 3% to 4%; and total capital expenditures of approximately $400 million.
TXRH YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
TXRH Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are excited about the momentum in our business this quarter as continued strong traffic trends drove record average weekly sales. These results are a testament to the hard work, passion, and ownership mentality of our operators and their commitment to our mission, values, and purpose of Serving Communities Across America and the World.”
— Jerry Morgan, Q2 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% |