Texas Roadhouse, Inc. (TXRH)

Texas Roadhouse (TXRH) stock has experienced fluctuations in the past six months, with a general downward trend of approximately 9.67%. In Q1 2025, the company reported a revenue increase but missed EPS forecasts, leading to a stock price increase. In Q2 2025, record revenue was reported, but GAAP EPS fell below expectations, causing a share decline. In Q3 2025, revenue surpassed expectations, but EPS missed estimates, resulting in a stock decline. Management noted higher-than-expected beef inflation.

Demand for Texas Roadhouse products and services exhibits some seasonality. Summer months can see slightly slower traffic due to work schedules and summer vacations. In Q1 2025, same-store sales were impacted by severe winter weather and widespread illnesses, but demand rebounded in March and continued into Q2 2025. The company's strategy of keeping price increases below inflation rates has helped it maintain customer traffic and gain market share.

Texas Roadhouse, Inc. is a full-service, casual dining restaurant company specializing in American cuisine with a Texan and Southwestern theme, operating primarily in the casual dining sector. Its major products include hand-cut steaks, ribs, seafood, chicken, pulled pork, and an assortment of hamburgers, salads, and sandwiches. The company also operates Bubba's 33 and Jaggers restaurant concepts.

As of September 30, 2025, Texas Roadhouse, Inc. and its franchisees operate 806 restaurants system-wide, including 736 Texas Roadhouse restaurants, 54 Bubba's 33 restaurants, and 16 Jaggers restaurants. The company has a significant presence across 49 U.S. states and one U.S. territory, as well as in 10 foreign countries. In April 2025, Texas Roadhouse became the largest casual-dining restaurant chain in the United States by sales, surpassing Olive Garden. The company plans to open approximately 30 new company-owned restaurants in 2025 and around 35 in 2026.

Texas Roadhouse has maintained a strong brand reputation, consistently ranking high in customer satisfaction. In 2024, the company received the "Brand Icon" award and ranked highly in customer satisfaction surveys. In June 2025, it received the "America's Best Restaurant Experience" award. The ACSI Restaurant Study for 2025 also placed Texas Roadhouse at the top among sit-down venues for the second consecutive year. However, in August 2025, Texas Roadhouse faced an alleged discriminatory hiring practices lawsuit.

Texas Roadhouse, Inc. has a diverse ownership structure, with institutional investors holding approximately 86.21% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Alliancebernstein L.P., T. Rowe Price Investment Management, Inc., Capital World Investors, and State Street Corp. Individual investors hold approximately 0.54% of the stock. Wayne Kent Taylor, the company's late founder, is a significant individual shareholder, owning 6.95 million shares representing 10.50% of the company.