Texas Roadhouse Inc (NASDAQ: TXRH) is a casual dining restaurant company that owns, operates, and franchises full-service restaurants under three concepts: Texas Roadhouse, Bubba's 33, and Jaggers. Revenue comes primarily from food and beverage sales at company-owned restaurants, supplemented by royalties and fees from franchised locations. As of December 30, 2025, the company owned and operated 714 restaurants and franchised an additional 102 locations across domestic and international markets. Of the 714 company-operated restaurants, 648 were Texas Roadhouse, 56 were Bubba's 33, and 10 were Jaggers. The Texas Roadhouse concept is positioned as moderately priced, full-service casual dining centered on hand-cut, aged steaks cooked to order over open grills, with made-from-scratch sides and complimentary peanuts and yeast rolls. Bubba's 33 focuses on burgers, pizza, and wings in a bar-forward setting. The 102 franchised restaurants include 36 domestic Texas Roadhouse, five domestic Jaggers, 60 international Texas Roadhouse, and one international Jaggers location.

Revenue model

Primarily transactional food and beverage sales at 714 company-owned restaurants (as of December 30, 2025), with a secondary franchise revenue stream consisting of royalties and fees from 102 franchised locations.

Products and services

Texas Roadhouse concept: hand-cut aged steaks, ribs, seafood, chicken, pork chops, pulled pork, burgers, salads, sandwiches, made-from-scratch sides, complimentary roasted peanuts and fresh-baked yeast rolls. Bubba's 33 concept: burgers, pizza, wings, appetizers, beer, and cocktails. Jaggers concept: quick-casual offering (limited detail in excerpts).

Customers and end markets

Dine-in and to-go guests at moderately priced, full-service casual dining restaurants. End market is the U.S. casual dining consumer, with a domestic-focused footprint and a smaller international franchise presence.

Value-chain role

Restaurant owner-operator and franchisor. Prepares and serves food directly to consumers; licenses brand and systems to domestic and international franchisees.

Geographic exposure

Primarily domestic United States. International presence through 60 franchised Texas Roadhouse restaurants and one franchised Jaggers restaurant, including two restaurants in a U.S. territory, as of December 30, 2025.

Source: SEC 10-K, filed 2026-02-27

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