Texas Roadhouse's stock surged 5.74% in post-market trading on Thursday, following the release of its first-quarter 2026 financial results. The casual dining chain reported robust growth across key metrics, driving investor optimism.
The company posted earnings of $1.87 per diluted share, exceeding analyst estimates of $1.80 and representing a 10% increase from the $1.70 reported in the same period last year. Revenue climbed 12.8% year-over-year to $1.63 billion, supported by a 7.1% increase in comparable restaurant sales. Net income rose 8.6% to $123.43 million, while the company declared a quarterly cash dividend of $0.75 per share.
Management highlighted strong traffic trends and disciplined operations as key drivers. The company also provided a positive outlook, noting comparable restaurant sales growth of 6.5% in the first five weeks of the second quarter and reiterating expectations for store week growth of 5% to 6% for the full year 2026.
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