TXRH

EX-99.1

2 txrh-20260506xex99d1.htm

EX-99.1

Exhibit 99.1

Texas Roadhouse, Inc. Announces First Quarter 2026 Results

Declares Quarterly Dividend of $0.75 per Share

​

LOUISVILLE, KY. (May 7, 2026) – Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 weeks ended March 31, 2026.

Financial Results

Financial results for the 13 weeks ended March 31, 2026 and April 1, 2025 were as follows:

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13 Weeks Ended

($000's, except per share amounts)

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March 31, 2026

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April 1, 2025

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% change

Total revenue

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$

1,633,166

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$

1,447,648

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12.8%

Income from operations

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146,341

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134,733

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8.6%

Net income

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123,433

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113,662

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8.6%

Diluted earnings per share

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$

1.87

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$

1.70

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9.6%

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Results at company restaurants for the 13 weeks ended March 31, 2026, as compared to the prior year as applicable, included the following:

●Comparable restaurant sales increased 7.1% and store weeks increased 5.7%;

●Average weekly sales were $174,151 of which $25,374 were to-go sales as compared to average weekly sales of $163,071 of which $22,146 were to-go sales in the prior year;

●Restaurant margin dollars increased 10.5% to $264.4 million from $239.3 million in the prior year primarily due to higher sales. Restaurant margin, as a percentage of restaurant and other sales, decreased 36 basis points to 16.3% as commodity inflation of 6.2% and wage and other labor inflation of 3.8% were partially offset by higher sales;

●Diluted earnings per share increased 9.6% primarily driven by higher restaurant margin dollars and the impact of share repurchases partially offset by higher depreciation and amortization expenses and higher general and administrative expenses;

●Four company restaurants and two franchise restaurants were opened; and

●Capital allocation spend included capital expenditures of $80.2 million, franchise acquisitions of $71.8 million, dividends of $49.4 million, and repurchases of common stock of $28.2 million.

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Jerry Morgan, Chief Executive Officer of Texas Roadhouse, Inc., commented, “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.”

Morgan added, “On the development front, we have already opened seven company restaurants so far this year and currently have an additional 22 under construction. Our focus on new store development and strategic franchise acquisitions, along with our disciplined approach to capital allocation, has us positioned for sustained growth and ensuring we continue to generate long-term value for our shareholders.”

2026 Outlook

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Comparable restaurant sales at company restaurants for the first five weeks of the second quarter of our 2026 fiscal year increased 6.5% compared to 2025. In addition, the Company implemented a menu price increase of approximately 1.9% in early April.

Management updated the following expectations for 2026:

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●Commodity inflation of 6% to 7%.

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Management reiterated the following expectations for 2026:

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●Positive comparable restaurant sales growth, including the benefit of menu pricing actions;

●Store week growth of 5% to 6%, including the benefit from franchise acquisitions;

●Wage and other labor inflation of 3% to 4%;

●An effective income tax rate of 14% to 15%; and

●Total capital expenditures of approximately $400 million.

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Cash Dividend Payment

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On May 6, 2026, the Company’s Board of Directors approved the payment of a quarterly cash dividend of $0.75 per share of common stock. This payment will be distributed on June 30, 2026, to shareholders of record at the close of business on June 2, 2026.

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Non-GAAP Measures

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The Company prepares the unaudited condensed consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). Within the press release, the Company makes reference to restaurant margin (in dollars, as a percentage of restaurant and other sales, and per store week). Restaurant margin represents restaurant and other sales less restaurant-level operating costs, including food and beverage costs, labor, rent, and other operating costs. Restaurant margin should not be considered in isolation, or as an alternative, to income from operations. This non-GAAP measure is not indicative of overall company performance and profitability in that this measure does not accrue directly to the benefit of shareholders due to the nature of the costs excluded. Restaurant margin is widely regarded as a useful metric by which to evaluate core restaurant-level operating efficiency and performance over various reporting periods on a consistent basis. In calculating restaurant margin, the Company excludes certain non-restaurant-level costs that support operations, but do not have a direct impact on res

TEXAS ROADHOUSE, INC._February 18, 2026 0001289460false00012894602026-02-182026-02-18 ​ ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 ​

FORM 8-K

​

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ​ Date of Report (Date of earliest event reported)   February 18, 2026 ​

TEXAS ROADHOUSE, INC.

(Exact name of registrant as specified in its charter) ​ ​

​

​

​

​

Delaware

000-50972

20-1083890

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

​ ​ ​

​

​

6040 Dutchmans Lane, Louisville, KY

40205

(Address of principal executive offices)

(Zip Code)

​ Registrant’s telephone number, including area code    (502) 426-9984 ​ N/A (Former name or former address, if changed since last report.) ​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ​ ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

​ ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

​ ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

​ ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​ Securities registered pursuant to Section 12(b) of the Act: ​ ​

​

​

Title of each Class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.001 per share

TXRH

Nasdaq Global Select Market

​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ​ Emerging growth company☐ ​ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.            ☐ ​ ​ ​

ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

​ On February 19, 2026, Texas Roadhouse, Inc., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the fourth quarter ended and fiscal year ended December 30, 2025. Attached to this Current Report on Form 8-K as Exhibit 99.1 is a copy of the press release. ​ Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. ​ (e)In connection with Keith Humpich’s prior appointment to interim Chief Financial Officer on June 9, 2025, the talent management and compensation committee of the Company’s Board of Directors agreed that he would receive a $100,000 stipend per fiscal quarter (or portion thereto) in which he serves in such position, which amount will be paid in arrears. Mr. Humpich served as interim Chief Financial Officer until Mike Lenihan’s appointment to Chief Financial Officer on December 3, 2025. On February 18, 2026 and in observance for his continued support of the Company in the transition of Mr. Lenihan to the Chief Financial Officer position, the talent management and compensation committee of the Company’s Board of Directors agreed that Mr. Humpich, the Company’s Chief Accounting and Financial Services Officer, would continue to receive the $100,000 per quarter stipend to and through June 30, 2026. ​

ITEM 8.01. OTHER EVENTS

​ On February 18, 2026, the Company’s Board of Directors approved the payment of a quarterly cash dividend of $0.75 per share of common stock. This payment will be distributed on March 31, 2026, to shareholders of record at the close of business on March 17, 2026. ​

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

​ (d)         EXHIBITS ​

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99.1 Press Release issued by the Company on February 19, 2026.

104 Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document)

​ The information in this Current Report on Form 8-K at Item 2.02 and the Exhibit 99.1 attached hereto shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference. ​ ​ ​

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SIGNATURE

​ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ​ ​

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TEXAS ROADHOUSE, INC.

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Date: February 19, 2026 By: /s/ Michael S. Lenihan

​ ​ Michael S

TEXAS ROADHOUSE, INC._November 5, 2025 0001289460false00012894602025-11-052025-11-05 ​ ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 ​

FORM 8-K

​

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ​ Date of Report (Date of earliest event reported)   November 5, 2025 ​

TEXAS ROADHOUSE, INC.

(Exact name of registrant as specified in its charter) ​ ​

​

​

​

​

Delaware

000-50972

20-1083890

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

​ ​ ​

​

​

6040 Dutchmans Lane, Louisville, KY

40205

(Address of principal executive offices)

(Zip Code)

​ Registrant’s telephone number, including area code    (502) 426-9984 ​ N/A (Former name or former address, if changed since last report.) ​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ​ ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

​ ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

​ ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

​ ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​ Securities registered pursuant to Section 12(b) of the Act: ​ ​

​

​

Title of each Class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.001 per share

TXRH

Nasdaq Global Select Market

​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ​ Emerging growth company☐ ​ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.            ☐ ​ ​ ​

ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

​ On November 6, 2025, Texas Roadhouse, Inc., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the third quarter ended September 30, 2025. Attached to this Current Report on Form 8-K as Exhibit 99.1 is a copy of the press release. ​

ITEM 8.01. OTHER EVENTS

​ On November 5, 2025, the Company’s Board of Directors approved the payment of a quarterly cash dividend of $0.68 per share of common stock. This payment will be distributed on December 30, 2025, to shareholders of record at the close of business on December 2, 2025. ​

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

​ (d)         EXHIBITS ​

​

​ ​

99.1 Press Release issued by the Company on November 6, 2025.

104 Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document)

​ The information in this Current Report on Form 8-K at Item 2.02 and the Exhibit 99.1 attached hereto shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference. ​ ​ ​

2

SIGNATURE

​ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ​ ​

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TEXAS ROADHOUSE, INC.

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Date: November 6, 2025 By: /s/ Keith V. Humpich

​ ​ Keith V. Humpich

​ ​ Interim Chief Financial Officer

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