Texas Roadhouse reported first-quarter 2026 earnings of $1.87 per share. This result exceeded analyst expectations of $1.82 per share. Revenue reached $1.63 billion, missing the consensus estimate of $1.64 billion.
Comparable restaurant sales grew 7.1% during the quarter. Customer traffic increased by 4.5%. The company's stock declined 1.1% in after-market trading following the announcement.
Investors focused on the revenue miss and ongoing margin pressures from commodity inflation. Texas Roadhouse improved its full-year outlook for commodity inflation. The board approved an increased quarterly cash dividend of $0.75 per share.