Texas Roadhouse, Inc. Announces Second Quarter 2025 Results
Texas Roadhouse (NASDAQ:TXRH) reported strong Q2 2025 financial results with total revenue increasing 12.7% to $1.51 billion. The company achieved comparable restaurant sales growth of 5.8% at company restaurants, with average weekly sales reaching $167,350.
Net income rose 3.3% to $124.1 million, with diluted earnings per share increasing 4.0% to $1.86. The company declared a quarterly dividend of $0.68 per share. Restaurant margin decreased 108 basis points to 17.1% due to commodity inflation of 5.2% and wage inflation of 3.8%.
During Q2, TXRH opened four company restaurants and one franchise restaurant, reaching its 800th system-wide location. The company plans to acquire eight domestic franchise restaurants in Q4 2025 and Q1 2026.
Texas Roadhouse (NASDAQ:TXRH) ha riportato risultati finanziari solidi nel secondo trimestre 2025 con un aumento del fatturato totale del 12,7% a 1,51 miliardi di dollari. L'azienda ha registrato una crescita delle vendite comparabili del 5,8% nei ristoranti di proprietà, con vendite medie settimanali pari a 167.350 dollari.
L'utile netto è cresciuto del 3,3% raggiungendo 124,1 milioni di dollari, mentre l'utile diluito per azione è aumentato del 4,0% a 1,86 dollari. La società ha dichiarato un dividendo trimestrale di 0,68 dollari per azione. Il margine dei ristoranti è diminuito di 108 punti base al 17,1% a causa dell'inflazione delle materie prime del 5,2% e dell'inflazione salariale del 3,8%.
Nel secondo trimestre, TXRH ha inaugurato quattro ristoranti di proprietà e un ristorante in franchising, raggiungendo la sua 800ª sede a livello di sistema. La società prevede di acquisire otto ristoranti in franchising nazionali nel quarto trimestre 2025 e nel primo trimestre 2026.
Texas Roadhouse (NASDAQ:TXRH) reportó sólidos resultados financieros en el segundo trimestre de 2025 con un aumento del ingreso total del 12.7% hasta 1.51 mil millones de dólares. La compañía alcanzó un crecimiento de ventas comparables del 5.8% en sus restaurantes propios, con ventas semanales promedio de 167,350 dólares.
La utilidad neta aumentó un 3.3% hasta 124.1 millones de dólares, mientras que las ganancias diluidas por acción subieron un 4.0% a 1.86 dólares. La empresa declaró un dividendo trimestral de 0.68 dólares por acción. El margen de los restaurantes disminuyó 108 puntos base hasta 17.1% debido a la inflación de materias primas del 5.2% y la inflación salarial del 3.8%.
Durante el segundo trimestre, TXRH abrió cuatro restaurantes propios y un restaurante franquiciado, alcanzando su ubicación número 800 a nivel de sistema. La compañía planea adquirir ocho restaurantes franquiciados nacionales en el cuarto trimestre de 2025 y el primer trimestre de 2026.
Texas Roadhouse (NASDAQ:TXRH)는 2025년 2분기에 총 매출이 12.7% 증가하여 15억 1천만 달러를 기록하는 강력한 재무 실적을 보고했습니다. 회사는 직영점에서 동일 매장 매출이 5.8% 성장했으며, 주간 평균 매출은 167,350달러에 달했습니다.
순이익은 3.3% 증가한 1억 2,410만 달러를 기록했으며, 희석 주당순이익은 4.0% 증가한 1.86달러였습니다. 회사는 분기 배당금으로 주당 0.68달러를 선언했습니다. 원자재 인플레이션 5.2%와 임금 인플레이션 3.8%로 인해 식당 마진은 108 베이시스 포인트 감소한 17.1%를 기록했습니다.
2분기 동안 TXRH는 4개의 직영점과 1개의 프랜차이즈 매장을 새로 열어 시스템 전체 800번째 매장을 달성했습니다. 회사는 2025년 4분기와 2026년 1분기에 국내 프랜차이즈 매장 8곳을 인수할 계획입니다.
Texas Roadhouse (NASDAQ:TXRH) a annoncé de solides résultats financiers pour le deuxième trimestre 2025 avec une augmentation du chiffre d'affaires total de 12,7 % à 1,51 milliard de dollars. L'entreprise a réalisé une croissance des ventes comparables de 5,8 % dans ses restaurants en propre, avec des ventes hebdomadaires moyennes atteignant 167 350 dollars.
Le bénéfice net a augmenté de 3,3 % pour atteindre 124,1 millions de dollars, tandis que le bénéfice dilué par action a progressé de 4,0 % pour s'établir à 1,86 dollar. La société a déclaré un dividende trimestriel de 0,68 dollar par action. La marge des restaurants a diminué de 108 points de base pour atteindre 17,1 % en raison de l'inflation des matières premières de 5,2 % et de l'inflation salariale de 3,8 %.
Au cours du deuxième trimestre, TXRH a ouvert quatre restaurants en propre et un restaurant franchisé, atteignant son 800e établissement au niveau du système. La société prévoit d'acquérir huit restaurants franchisés nationaux au quatrième trimestre 2025 et au premier trimestre 2026.
Texas Roadhouse (NASDAQ:TXRH) meldete starke Finanzergebnisse für das zweite Quartal 2025 mit einem Gesamtumsatzanstieg von 12,7 % auf 1,51 Milliarden US-Dollar. Das Unternehmen erzielte ein Wachstum der vergleichbaren Restaurantumsätze von 5,8 % bei eigenen Restaurants, mit durchschnittlichen Wochenumsätzen von 167.350 US-Dollar.
Der Nettogewinn stieg um 3,3 % auf 124,1 Millionen US-Dollar, während der verwässerte Gewinn je Aktie um 4,0 % auf 1,86 US-Dollar zunahm. Das Unternehmen erklärte eine Quartalsdividende von 0,68 US-Dollar je Aktie. Die Restaurantmarge sank um 108 Basispunkte auf 17,1 % aufgrund von Rohstoffinflation von 5,2 % und Lohninflation von 3,8 %.
Im zweiten Quartal eröffnete TXRH vier eigene Restaurants und ein Franchise-Restaurant und erreichte damit seinen 800. Standort im gesamten System. Das Unternehmen plant, im vierten Quartal 2025 und ersten Quartal 2026 acht inländische Franchise-Restaurants zu übernehmen.
- Comparable restaurant sales increased 5.8% with positive traffic across all brands
- Total revenue grew 12.7% to $1.51 billion
- Net income increased 3.3% to $124.1 million
- To-go sales increased to $22,243 per week from $19,975 in prior year
- Reached milestone of 800 system-wide restaurants
- Strategic expansion through planned acquisition of 8 franchise locations
- Restaurant margin decreased 108 basis points to 17.1%
- Facing commodity inflation of 5.2% and wage inflation of 3.8%
- Higher depreciation, amortization, and general administrative expenses impacting earnings
- Expected continued commodity inflation pressure for rest of 2025
Insights
Texas Roadhouse posted solid 5.8% comp sales growth despite margin pressure from rising commodity costs affecting profitability.
Texas Roadhouse delivered robust topline growth in Q2 2025, with total revenue increasing
The chain's bottom-line metrics showed more modest improvements, with net income increasing
The company's unit economics remain strong with average weekly sales reaching
From a growth perspective, Texas Roadhouse continues its disciplined expansion with four new company restaurants and one franchise location opened in Q2. The company also disclosed plans to acquire eight domestic franchise restaurants in upcoming quarters, further consolidating operations. Management reiterated their commitment to approximately
Looking ahead, the company faces increased cost headwinds, with management raising full-year commodity inflation guidance to approximately
Declares Quarterly Dividend of
LOUISVILLE, Ky., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 and 26 weeks ended July 1, 2025.
Financial Results
Financial results for the 13 and 26 weeks ended July 1, 2025 and June 25, 2024 were as follows:
| 13 Weeks Ended | 26 Weeks Ended | |||||||||||||||||
| ( | July 1, 2025 | June 25, 2024 | % change | July 1, 2025 | June 25, 2024 | % change | ||||||||||||
| Total revenue | $ | 1,512,054 | $ | 1,341,202 | 12.7 | % | $ | 2,959,702 | $ | 2,662,419 | 11.2 | % | ||||||
| Income from operations | 146,341 | 142,816 | 2.5 | % | 281,074 | 275,944 | 1.9 | % | ||||||||||
| Net income | 124,085 | 120,141 | 3.3 | % | 237,747 | 233,347 | 1.9 | % | ||||||||||
| Diluted earnings per share | $ | 1.86 | $ | 1.79 | 4.0 | % | $ | 3.57 | $ | 3.48 | 2.5 | % | ||||||
Results for the 13 weeks ended July 1, 2025, as compared to the prior year as applicable, included the following:
- Comparable restaurant sales increased
5.8% at company restaurants; - Average weekly sales at company restaurants were
$167,350 of which$22,243 were to-go sales as compared to average weekly sales of$158,991 of which$19,975 were to-go sales in the prior year; - Restaurant margin dollars increased
6.1% to$257.3 million from$242.6 million in the prior year primarily due to higher sales. Restaurant margin, as a percentage of restaurant and other sales, decreased 108 basis points to17.1% as commodity inflation of5.2% and wage and other labor inflation of3.8% were partially offset by higher sales; - Diluted earnings per share increased
4.0% 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 one franchise restaurant were opened; and
- Capital allocation spend included capital expenditures of
$92.5 million , franchise acquisitions of$15.5 million , dividends of$45.1 million , and repurchases of common stock of$9.8 million .
Results for the 26 weeks ended July 1, 2025, as compared to the prior year as applicable, included the following:
- Comparable restaurant sales increased
4.7% at company restaurants; - Average weekly sales at company restaurants were
$165,228 of which$22,195 were to-go sales as compared to average weekly sales of$159,184 of which$20,392 were to-go sales in the prior year; - Restaurant margin dollars increased
5.4% to$496.6 million from$471.1 million in the prior year primarily due to higher sales. Restaurant margin, as a percentage of restaurant and other sales, decreased 92 basis points to16.9% as commodity inflation of3.7% and wage and other labor inflation of4.2% were partially offset by higher sales; - Diluted earnings per share increased
2.5% 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; - 12 company restaurants and one franchise restaurant were opened; and
- Capital allocation spend included capital expenditures of
$169.9 million , franchise acquisitions of$93.9 million , dividends of$90.3 million , and repurchases of common stock of$60.0 million .
Jerry Morgan, Chief Executive Officer of Texas Roadhouse, Inc., commented, “Our operators delivered another quarter of strong comparable restaurant sales growth driven by positive traffic across all three of our brands. While we expect commodity inflation to further impact our profitability for the rest of the year, we remain focused on what we can control— preserving our value proposition and maintaining a relentless focus on operational excellence across all our brands.”
Morgan added, “On the development front, we were excited to recently open our 800th system-wide restaurant, a milestone that reflects our ongoing commitment to growth. With a disciplined capital allocation strategy, including a focus on new store development and strategic franchise acquisitions, we’re confident in our ability to drive long-term shareholder value.”
Franchise Acquisitions
The Company has a tentative agreement or plans in place to acquire eight domestic franchise restaurants as of the beginning of our Q4 2025 and Q1 2026 fiscal periods. These acquisitions are subject to the completion of customary due diligence.
2025 Outlook
Comparable restaurant sales at company restaurants for the first five weeks of our third quarter of fiscal 2025 increased
Management updated the following expectations for 2025:
- Commodity cost inflation of approximately
5% , including the estimated impact of tariffs; - Wage and other labor inflation of approximately
4% ; and - An effective income tax rate of approximately
15% .
Management reiterated the following expectations for 2025:
- Positive comparable restaurant sales growth, including the benefit of menu pricing actions;
- Store week growth of approximately
5% ; and - Total capital expenditures of approximately
$400 million .
Cash Dividend Payment
On August 6, 2025, the Company’s Board of Directors approved the payment of a quarterly cash dividend of
Non-GAAP Measures
The Company prepares the 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 restaurant-level operational efficiency and performance, including general and administrative expenses. The Company excludes pre-opening expenses as they occur at irregular intervals and would impact comparability to prior period results. The Company excludes depreciation and amortization expenses, substantially all of which relate to restaurant-level assets, as they represent a non-cash charge for the investment in restaurants. The Company excludes impairment and closure expenses as it believes this provides a clearer perspective of ongoing operating performance and a more useful comparison to prior period results. Restaurant margin as presented may not be comparable to other similarly titled measures of other companies in the industry. A reconciliation of income from operations to restaurant margin is included in the accompanying financial tables.
Conference Call
Texas Roadhouse, Inc. is hosting a conference call today, August 7, 2025, at 5:00 p.m. Eastern Time to discuss these results. The call will be webcast live from the investor relations portion of the Company’s website at www.texasroadhouse.com. Listeners may also access the call by dialing (888) 440-5667 or (646) 960-0476 for international calls and referencing the Texas Roadhouse, Inc. Second Quarter 2025 Earnings. A replay of the call will be available until August 14, 2025, by dialing (800) 770-2030 or (609) 800-9909 for international calls and using conference ID 7714420.
About the Company
Texas Roadhouse, Inc. is a growing restaurant company operating predominantly in the casual dining segment that first opened in 1993 and today has grown to over 800 restaurants system-wide in 49 states, one U.S. territory, and ten foreign countries. For more information, please visit the Company’s Web site at www.texasroadhouse.com.
Forward-looking Statements
Certain statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon the current beliefs and expectations of the management of Texas Roadhouse, Inc. Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, conditions beyond management’s control such as weather, natural disasters, disease outbreaks, epidemics, or pandemics impacting customers or food supplies; labor or supply chain shortages or limited availability of staff or product needed to meet the Company’s business standards; changes in consumer discretionary spending and macroeconomic conditions, including inflationary pressures and the impact of tariffs; food safety, and food-borne illness concerns; and other factors disclosed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Part I—Item 1A. Risk Factors” of the Annual Report on Form 10-K for the fiscal year ended December 31, 2024. These factors should not be construed as exhaustive and should be read in conjunction with other filings with the Securities and Exchange Commission. Investors should take such risks into account when making investment decisions. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.
Contacts:
| Investor Relations | Media |
| Michael Bailen | Megan Pence |
| (502) 515-7298 | (502) 461-1878 |
| Texas Roadhouse, Inc. and Subsidiaries Condensed Consolidated Statements of Income (in thousands, except per share data) (unaudited) | ||||||||||||
| 13 Weeks Ended | 26 Weeks Ended | |||||||||||
| July 1, 2025 | June 25, 2024 | July 1, 2025 | June 25, 2024 | |||||||||
| Revenue: | ||||||||||||
| Restaurant and other sales | $ | 1,503,974 | $ | 1,333,642 | $ | 2,944,316 | $ | 2,647,794 | ||||
| Royalties and franchise fees | 8,080 | 7,560 | 15,386 | 14,625 | ||||||||
| Total revenue | 1,512,054 | 1,341,202 | 2,959,702 | 2,662,419 | ||||||||
| Costs and expenses: | ||||||||||||
| Restaurant operating costs (excluding depreciation and amortization shown separately below): | ||||||||||||
| Food and beverage | 511,324 | 436,001 | 1,002,315 | 881,092 | ||||||||
| Labor | 495,049 | 438,212 | 975,024 | 865,759 | ||||||||
| Rent | 23,028 | 19,956 | 45,505 | 39,381 | ||||||||
| Other operating | 217,230 | 196,862 | 424,845 | 390,504 | ||||||||
| Pre-opening | 5,464 | 6,202 | 12,276 | 14,297 | ||||||||
| Depreciation and amortization | 50,744 | 42,915 | 99,544 | 84,408 | ||||||||
| Impairment and closure, net | 111 | 90 | 139 | 291 | ||||||||
| General and administrative | 62,763 | 58,148 | 118,980 | 110,743 | ||||||||
| Total costs and expenses | 1,365,713 | 1,198,386 | 2,678,628 | 2,386,475 | ||||||||
| Income from operations | 146,341 | 142,816 | 281,074 | 275,944 | ||||||||
| Interest income, net | 1,044 | 1,683 | 2,345 | 3,091 | ||||||||
| Equity income from investments in unconsolidated affiliates | 1,426 | 286 | 1,651 | 543 | ||||||||
| Income before taxes | 148,811 | 144,785 | 285,070 | 279,578 | ||||||||
| Income tax expense | 22,118 | 21,710 | 42,318 | 40,513 | ||||||||
| Net income including noncontrolling interests | 126,693 | 123,075 | 242,752 | 239,065 | ||||||||
| Less: Net income attributable to noncontrolling interests | 2,608 | 2,934 | 5,005 | 5,718 | ||||||||
| Net income attributable to Texas Roadhouse, Inc. and subsidiaries | $ | 124,085 | $ | 120,141 | $ | 237,747 | $ | 233,347 | ||||
| Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries: | ||||||||||||
| Basic | $ | 1.87 | $ | 1.80 | $ | 3.58 | $ | 3.49 | ||||
| Diluted | $ | 1.86 | $ | 1.79 | $ | 3.57 | $ | 3.48 | ||||
| Weighted average shares outstanding: | ||||||||||||
| Basic | 66,373 | 66,785 | 66,429 | 66,814 | ||||||||
| Diluted | 66,598 | 67,044 | 66,656 | 67,077 | ||||||||
| Cash dividends declared per share | $ | 0.68 | $ | 0.61 | $ | 1.36 | $ | 1.22 | ||||
| Texas Roadhouse, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (in thousands) (unaudited) | ||||||
| July 1, 2025 | December 31, 2024 | |||||
| Cash and cash equivalents | $ | 176,801 | $ | 245,225 | ||
| Other current assets, net | 147,627 | 271,343 | ||||
| Property and equipment, net | 1,714,551 | 1,617,673 | ||||
| Operating lease right-of-use assets, net | 831,725 | 769,865 | ||||
| Goodwill | 229,944 | 169,684 | ||||
| Intangible assets, net | 14,676 | 1,265 | ||||
| Other assets | 139,952 | 115,724 | ||||
| Total assets | $ | 3,255,276 | $ | 3,190,779 | ||
| Current liabilities | 713,509 | 828,130 | ||||
| Operating lease liabilities, net of current portion | 892,361 | 826,300 | ||||
| Other liabilities | 183,184 | 162,626 | ||||
| Texas Roadhouse, Inc. and subsidiaries stockholders’ equity | 1,450,794 | 1,358,347 | ||||
| Noncontrolling interests | 15,428 | 15,376 | ||||
| Total liabilities and equity | $ | 3,255,276 | $ | 3,190,779 | ||
| Texas Roadhouse, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) | ||||||||
| 26 Weeks Ended | ||||||||
| July 1, 2025 | June 25, 2024 | |||||||
| Cash flows from operating activities: | ||||||||
| Net income including noncontrolling interests | $ | 242,752 | $ | 239,065 | ||||
| Adjustments to reconcile net income to net cash provided by operating activities | ||||||||
| Depreciation and amortization | 99,544 | 84,408 | ||||||
| Share-based compensation expense | 23,249 | 18,378 | ||||||
| Deferred income taxes | (6,467 | ) | (4,254 | ) | ||||
| Other noncash adjustments, net | 2,472 | 1,662 | ||||||
| Change in working capital, net of acquisitions | 4,430 | 38,088 | ||||||
| Net cash provided by operating activities | 365,980 | 377,347 | ||||||
| Cash flows from investing activities: | ||||||||
| Capital expenditures - property and equipment | (169,912 | ) | (155,478 | ) | ||||
| Acquisitions of franchise restaurants, net of cash acquired | (93,878 | ) | — | |||||
| Proceeds from sale of investments in unconsolidated affiliates | 1,321 | — | ||||||
| Proceeds from sale of property and equipment | 135 | 197 | ||||||
| Proceeds from sale leaseback transactions | 2,807 | 9,126 | ||||||
| Net cash used in investing activities | (259,527 | ) | (146,155 | ) | ||||
| Cash flows from financing activities: | ||||||||
| Repurchase of shares of common stock, including excise taxes as applicable | (60,414 | ) | (35,139 | ) | ||||
| Dividends paid to shareholders | (90,292 | ) | (81,509 | ) | ||||
| Other financing activities, net | (24,171 | ) | (21,336 | ) | ||||
| Net cash used in financing activities | (174,877 | ) | (137,984 | ) | ||||
| Net (decrease) increase in cash and cash equivalents | (68,424 | ) | 93,208 | |||||
| Cash and cash equivalents - beginning of period | 245,225 | 104,246 | ||||||
| Cash and cash equivalents - end of period | $ | 176,801 | $ | 197,454 | ||||
| Texas Roadhouse, Inc. and Subsidiaries Reconciliation of Income from Operations to Restaurant Margin ($ in thousands) (unaudited) | |||||||||||||||
| 13 Weeks Ended | 26 Weeks Ended | ||||||||||||||
| July 1, 2025 | June 25, 2024 | July 1, 2025 | June 25, 2024 | ||||||||||||
| Income from operations | $ | 146,341 | $ | 142,816 | $ | 281,074 | $ | 275,944 | |||||||
| Less: | |||||||||||||||
| Royalties and franchise fees | 8,080 | 7,560 | 15,386 | 14,625 | |||||||||||
| Add: | |||||||||||||||
| Pre-opening | 5,464 | 6,202 | 12,276 | 14,297 | |||||||||||
| Depreciation and amortization | 50,744 | 42,915 | 99,544 | 84,408 | |||||||||||
| Impairment and closure, net | 111 | 90 | 139 | 291 | |||||||||||
| General and administrative | 62,763 | 58,148 | 118,980 | 110,743 | |||||||||||
| Restaurant margin | $ | 257,343 | $ | 242,611 | $ | 496,627 | $ | 471,058 | |||||||
| Restaurant margin (as a percentage of restaurant and other sales) | 17.1 | % | 18.2 | % | 16.9 | % | 17.8 | % | |||||||
| Texas Roadhouse, Inc. and Subsidiaries Supplemental Financial and Operating Information ($ amounts in thousands, except restaurant margin $ per store week and weekly sales by group) (unaudited) | ||||||||||
| 13 Weeks Ended | ||||||||||
| July 1, 2025 | June 25, 2024 | Change | ||||||||
| Company restaurants (all concepts) | ||||||||||
| Restaurant and other sales | $ | 1,503,974 | $ | 1,333,642 | 12.8 | % | ||||
| Store weeks | 9,010 | 8,408 | 7.2 | % | ||||||
| Comparable restaurant sales (1) | 5.8 | % | 9.3 | % | ||||||
| Restaurant operating costs (as a % of restaurant and other sales) | ||||||||||
| Food and beverage costs | 34.0 | % | 32.7 | % | (131 | ) | bps | |||
| Labor | 32.9 | % | 32.8 | % | (6 | ) | bps | |||
| Rent | 1.5 | % | 1.5 | % | (3 | ) | bps | |||
| Other operating | 14.5 | % | 14.8 | % | 32 | bps | ||||
| Total | 82.9 | % | 81.8 | % | ||||||
| Restaurant margin % | 17.1 | % | 18.2 | % | (108 | ) | bps | |||
| Restaurant margin $ | $ | 257,343 | $ | 242,611 | 6.1 | % | ||||
| Restaurant margin $/Store week | $ | 28,562 | $ | 28,855 | (1.0 | ) | % | |||
| Texas Roadhouse restaurants only: | ||||||||||
| Store weeks | 8,226 | 7,708 | 6.7 | % | ||||||
| Comparable restaurant sales (1) | 5.9 | % | 9.4 | % | ||||||
| Average unit volume (2) | $ | 2,236 | $ | 2,128 | 5.1 | % | ||||
| Weekly sales by group: | ||||||||||
| Comparable restaurants (590 and 553 units) | $ | 173,349 | $ | 163,797 | 5.8 | % | ||||
| Average unit volume restaurants (29 and 20 units) | $ | 144,554 | $ | 150,736 | (4.1 | ) | % | |||
| Restaurants less than 6 months old (15 and 21 units) | $ | 164,986 | $ | 151,647 | 8.8 | % | ||||
| Bubba’s 33 restaurants only: | ||||||||||
| Store weeks | 668 | 596 | 12.1 | % | ||||||
| Comparable restaurant sales (1) | 4.3 | % | 5.5 | % | ||||||
| Average unit volume (2) | $ | 1,645 | $ | 1,581 | 4.0 | % | ||||
| Weekly sales by group: | ||||||||||
| Comparable restaurants (43 and 38 units) | $ | 126,812 | $ | 122,868 | 3.2 | % | ||||
| Average unit volume restaurants (5 and 5 units) | $ | 124,187 | $ | 111,244 | 11.6 | % | ||||
| Restaurants less than 6 months old (4 and 5 units) | $ | 149,788 | $ | 142,429 | 5.2 | % | ||||
| Texas Roadhouse franchise restaurants only: | ||||||||||
| Store weeks | 1,256 | 1,389 | (9.6 | ) | % | |||||
| Comparable restaurant sales | 7.0 | % | 6.6 | % | ||||||
| _______________ | |
| (1) | Comparable restaurant sales reflect the change in sales for all company restaurants across all concepts, unless otherwise noted, over the same period of the prior year for restaurants open a full 18 months before the beginning of the period, excluding sales from restaurants permanently closed during the period, if applicable. |
| (2) | Average unit volume includes sales from restaurants open for a full six months before the beginning of the period, excluding sales from restaurants permanently closed during the period, if applicable. |
| Texas Roadhouse, Inc. and Subsidiaries Restaurant Unit Activity (unaudited) | ||||||||||||
| 13 Weeks Ended | 26 Weeks Ended | |||||||||||
| July 1, 2025 | June 25, 2024 | Change | July 1, 2025 | June 25, 2024 | Change | |||||||
| Restaurant openings | ||||||||||||
| Company - Texas Roadhouse | 2 | 3 | (1 | ) | 9 | 12 | (3 | ) | ||||
| Company - Bubba’s 33 | 2 | 3 | (1 | ) | 3 | 3 | — | |||||
| Company - Jaggers | — | — | — | — | — | — | ||||||
| Total company restaurants | 4 | 6 | (2 | ) | 12 | 15 | (3 | ) | ||||
| Franchise - Texas Roadhouse - Domestic | — | — | — | — | 1 | (1 | ) | |||||
| Franchise - Jaggers - Domestic | 1 | — | 1 | 1 | 1 | — | ||||||
| Franchise - Texas Roadhouse - Int'l (1) | — | 3 | (3 | ) | — | 4 | (4 | ) | ||||
| Franchise - Jaggers - Int'l | — | — | — | — | — | — | ||||||
| Total franchise restaurants | 1 | 3 | (2 | ) | 1 | 6 | (5 | ) | ||||
| Total restaurants | 5 | 9 | (4 | ) | 13 | 21 | (8 | ) | ||||
| Restaurant acquisitions/dispositions | ||||||||||||
| Company - Texas Roadhouse | 3 | — | 3 | 17 | — | 17 | ||||||
| Franchise - Texas Roadhouse - Domestic | (3 | ) | — | (3 | ) | (17 | ) | — | (17 | ) | ||
| Restaurants open at the end of the quarter | ||||||||||||
| Company - Texas Roadhouse | 634 | 594 | 40 | |||||||||
| Company - Bubba’s 33 | 52 | 48 | 4 | |||||||||
| Company - Jaggers | 9 | 8 | 1 | |||||||||
| Total company restaurants | 695 | 650 | 45 | |||||||||
| Franchise - Texas Roadhouse - Domestic | 39 | 56 | (17 | ) | ||||||||
| Franchise - Jaggers - Domestic | 5 | 3 | 2 | |||||||||
| Franchise - Texas Roadhouse - Int'l (1) | 57 | 53 | 4 | |||||||||
| Franchise - Jaggers - Int'l | 1 | — | 1 | |||||||||
| Total franchise restaurants | 102 | 112 | (10 | ) | ||||||||
| Total restaurants | 797 | 762 | 35 | |||||||||
| _______________ | |
| (1) | Includes a U.S. territory. |
FAQ
What were Texas Roadhouse's Q2 2025 earnings per share?
How much is Texas Roadhouse's quarterly dividend for Q2 2025?
What was TXRH's comparable restaurant sales growth in Q2 2025?
How many new restaurants did Texas Roadhouse open in Q2 2025?
What is Texas Roadhouse's outlook for commodity and wage inflation in 2025?
How many franchise restaurants is TXRH planning to acquire?
