Texas Roadhouse’s (NASDAQ:TXRH) Q3 2026 earnings results: revenue in line with expectations

Texas Roadhouse reported Q3 2026 revenue of $1.57B, matching estimates, with 9.5% YoY growth. EPS of $1.36 missed estimates by 8%. Operating and free cash flow margins remained steady. The company added 34 new locations, bringing the total to 840. Same-store sales rose 4.3% YoY, down from 6.3% in the prior year.

Original reporting
Published Nov 5, 2026, 9:42 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 5, 2026, 9:52 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Texas Roadhouse’s (NASDAQ:TXRH) Q3 2026 earnings results: revenue in line with expectations — source image
Decision brief

The 30-second read

$TXRHBearishMed
01

Why it matters

The earnings miss may lead to short-term price decline, but solid same-store sales could mitigate the impact.

02

Market read

First report of earnings numbers; material for traders evaluating the stock.

03

What to watch

Strong same-store sales growth and expanding locations may support longer-term upside.

Relevance 8/10Novelty 8/10Timing: post-market release, impact expected next trading day

Background

Texas Roadhouse is a publicly traded restaurant chain; the article provides its Q3 2026 earnings release.

Company-level read

Ticker impact

$TXRHBearishHigh confidence
Context

Texas Roadhouse reported Q3 2026 revenue in line with estimates but EPS missed expectations, indicating a earnings miss.

Expected impact

likely downside as the market prices in the earnings miss

Evidence & confidence

The EPS miss of 8% versus consensus is material and the first report of these results.

Market effects

Restaurant sector may see broader scrutiny as earnings miss highlights pricing pressure.

U.S. consumer discretionary stocks could face slight pullback.

Limited to U.S. markets; no global ripple.

Counterpoint

If the miss is already priced in, the stock could rebound on a positive outlook for same-store sales.

Key entities

  • Texas Roadhouse

    U.S. restaurant chain reporting Q3 2026 earnings.

Related articles

$TDUPMed

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: thredUP (TDUP), Texas Roadhouse (TXRH) and Nike (NKE)

Analysts from Wells Fargo and others updated ratings on thredUP (TDUP), Texas Roadhouse (TXRH), and Nike (NKE). thredUP received a Buy rating with a $3.00 target, Texas Roadhouse a Buy with a $220.00 target, and Nike a Hold with a $34.00 target. Consensus ratings and targets vary for each company, with thredUP showing the highest upside potential.

$TXRHHighAI 8/10

Texas Roadhouse 3Q 2026: Revenue $1.57B, EPS $1.36 — 10-Q Summary

Texas Roadhouse reported 3Q 2026 revenue of $1.57B, up 9.5% YoY, and net income of $89.36M, up 7.4%. EPS rose 8.8% to $1.36. Comparable sales increased 4.3%, driven by higher traffic and per-person average check. Restaurant margins improved, but higher expenses partly offset gains. The company expects 5.0% to 6.0% store week growth in 2026-2027.

$TXRHMed

Texas Roadhouse Q3 Earnings Call Highlights

Texas Roadhouse (NASDAQ: TXRH) reported Q3 earnings, noting improved comparable sales and stable guest ordering behavior despite a 1% menu price increase. Restaurant margins rose to 14.6% of sales, with food and beverage costs at 35.5%. The company maintained its 2026 commodity inflation forecast at 5% and projected 3% wage inflation for 2027. Texas Roadhouse plans to open 35 locations in 2026 and 2027, with capital expenditures raised to $440 million for 2026.

$TXRHHighAI 8/10

BTIG reiterates Texas Roadhouse stock rating citing sales recovery

BTIG maintained a Buy rating and $220 price target on Texas Roadhouse (TXRH) after its Q3 results, citing sales recovery despite a viral hoax impact. TXRH reported Q3 revenue of $1.57B, missing estimates, but showed 9.5% revenue growth and 4.3% same-store sales growth. BTIG expects mid-single-digit same-store sales in 2027. BMO Capital lowered its price target to $190, citing margin pressures.

$TXRHMed

BMO cuts Texas Roadhouse stock price target on comp miss

BMO Capital reduced its price target for Texas Roadhouse (NASDAQ:TXRH) to $190, citing a Q3 2026 earnings miss of $1.36 per share, below estimates. The miss was driven by weaker comparable sales, labor costs, and higher expenses. The company's gross profit margin is 16.25%, and it trades at a P/E ratio of 31.07. Texas Roadhouse reported 9.5% revenue growth and a 4.3% increase in same-store sales, with continued expansion and menu additions.

$TXRHMedAI 8/10

Texas Roadhouse (TXRH) Q3 2026 Earnings Call Transcript

Texas Roadhouse (TXRH) reported Q3 2026 revenue growth of 9.5%, with comparable sales up 4.3%. The company opened 5 new locations and expects to open 35 in 2026. International expansion continues with 3 Q3 openings and plans for 10 in 2027. Commodity inflation is guided at 5% for 2026 and 4% for 2027, while labor inflation is guided at 3.5-4% for 2026 and 3% for 2027. Capital expenditure guidance was updated to $440M for 2026 and $425M for 2027.