“The decrease in restaurant margin, as a percentage of restaurant and other sales, was primarily due to commodity inflation of 6.2% and wage and other labor inflation of 3.8% partially offset by higher sales.”10-Q · May 8, 2026 ↗
Texas Roadhouse, Inc.
TXRH
Market read
Texas Roadhouse, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
- Commodity inflation reached 7.0% in Q2 2026 and contributed to a lower restaurant margin percentage despite higher sales.
Invalidation: The isolated read changes if TXRH's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Commodity inflation reached 7.0% in Q2 2026 and contributed to a lower restaurant margin percentage despite higher sales.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +9.4% year over year.
- Operating margin changed -1.5 percentage points in the latest annual period.
- Macroeconomic conditions has repeated adverse evidence across 3 filings.
- EV/sales is 71% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
181.25Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Restaurant margin percentage was primarily impacted by commodity inflation partially offset by higher sales.”10-Q · May 8, 2026 ↗
“The decrease was primarily due to borrowing $50.0 million on our credit facility and a decrease in share repurchases.”10-Q · May 8, 2026 ↗
“Wage and other labor inflation was driven by higher wage and benefit expense due to labor market pressures along with increases in state-mandated minimum and tipped wage rates and increased investment in our people.”10-Q · Aug 8, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.1× · EV/sales 2.0×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TXRH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for TXRH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind TXRH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
JPMJPMorgan Chase & Co.lenderMay 8, 2026 ▾
“We are currently assessing the impact of this new standard on our disclosures and expect to provide additional detail and disclosures under this new guidance.”
Depended on by
MZTIThe Marzetti CompanycustomerFeb 3, 2026 ▾
“Retail segment highlights include continued growth from our category-leading New York Bakery TM frozen garlic bread products, including our recently introduced gluten-free Texas Toast, and expanding distribution for our licensed Texas Roadhouse ® dinner rolls.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TXRH is currently a Leader in the organic co-movement group Full-Service Restaurants. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.