Texas Roadhouse Reports Q3 Earnings Miss on EPS and Revenue
Texas Roadhouse (TXRH) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of $1.36, missing estimates by $0.12, while revenue reached $1.57 billion, missing targets by approximately $10 million despite achieving 9.0% year-over-year growth. Following the announcement, shares experienced a decline of 3.5%. Looking ahead, the company provided an updated outlook for fiscal year 2026, projecting store-week growth between 5.0% and 5.5%, labor inflation in the range of 3.5% to 4.0%, and an effective tax rate of approximately 13%.
Tickers: $TXRH
Topics: earnings miss financial guidance revenue miss stock price decline