Texas Roadhouse, Inc. reported a total revenue of $5.9 billion for the fiscal year ending December 30, 2025, marking a 9.4% increase from $5.4 billion in 2024. This growth was primarily driven by a 5.0% increase in store weeks and a 4.9% rise in comparable restaurant sales, which were attributed to higher guest traffic and an increase in the average check amount. However, net income decreased by 6.5% to $405.6 million, down from $433.6 million in the previous year, largely due to rising food and beverage costs and increased depreciation and amortization expenses.
The company opened 28 new restaurants in 2025, including 20 Texas Roadhouse locations, seven Bubba’s 33 restaurants, and one Jaggers restaurant. The total number of restaurants reached 816, comprising 714 company-owned and 102 franchised locations. The expansion included both domestic and international markets, with franchise partners also opening four new restaurants. Texas Roadhouse continues to focus on maintaining profitability through strategic pricing and operational efficiencies, despite facing challenges from inflationary pressures on food and labor costs.
Operationally, Texas Roadhouse reported a restaurant margin of $905.7 million, a decrease of 1.1% from the previous year. The restaurant margin as a percentage of sales fell to 15.5% from 17.1%, primarily due to a 6.1% increase in commodity prices, particularly beef, and a 3.7% rise in labor costs. The company anticipates continued inflationary pressures in 2026, projecting commodity inflation of approximately 7% for the year.
In terms of capital allocation, Texas Roadhouse invested $388 million in capital expenditures, including $180.8 million for new restaurants and $135.8 million for refurbishments and expansions. The company also returned capital to shareholders through dividends totaling $180.3 million and stock repurchases amounting to $150 million. The Board declared a quarterly dividend of $0.75 per share, reflecting a 10% increase from the previous year.
Looking ahead, Texas Roadhouse aims to continue its growth trajectory by expanding its restaurant base and enhancing profitability through improved operational efficiencies and strategic pricing. The company remains focused on navigating the challenges posed by inflation and market conditions while maintaining its commitment to quality and service.
About Texas Roadhouse, Inc.
Texas Roadhouse, Inc. is a restaurant company specializing in casual dining with a focus on high-quality, freshly prepared steaks, ribs, seafood, and American favorites. Operating primarily in the U.S. and internationally, it employs an owner-operator model emphasizing community engagement, value, and exceptional service. The company manages multiple concepts, franchises restaurants, and leverages proprietary recipes, local marketing, and digital systems to deliver a consistent guest experience.
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