Benchmark Reiterates Hold Rating on Texas Roadhouse (TXRH)

Benchmark analyst Todd Brooks reiterated a Hold rating on Texas Roadhouse (NASDAQ: TXRH).

The analyst commented, "After the close on August 6th, Texas Roadhouse (TXRH) reported 2Q26 operating results that showed continuing traffic-driven SSS growth that allowed the company to report modest revenue upside (1.68B vs. $1.74B conse6nsus) on SSS growth of 6.2% (300bps from traffic growth). RLOM of 16.4% beat expectations by 20bps on continuing labor efficiencies, resulting in AEPS of $1.85 (vs. $1.83) and AEBITDA of $201M (vs. $202M). Near-term relief in beef inflation was confirmed (even if only for 3Q before an expected uptick in 4Q) and we believe that investors hopes that we have reached peak beef inflation has driven the recent spike higher in TXRH’s share price and valuation. We remain Hold rated on shares at this valuation, given the detailed color given by management on the temporary causes of the one quarter of beef inflation relief that is expected in 3Q26."

For an analyst ratings summary and ratings history on Texas Roadhouse click here. For more ratings news on Texas Roadhouse click here.

Shares of Texas Roadhouse closed at $208.00 yesterday.

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