Michael Balin
Vice President of Investor Relations
Replay available
Texas Roadhouse, Inc. (NASDAQ: TXRH) Q4 2025 earnings conference call, held 2026-02-19. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations
Chief Executive Officer
Chief Financial Officer
Chief Accounting and Financial Services Officer
Evercore ISI Analyst
TD Cowan Analyst
Bank of America Analyst
Stevens Analyst
Baird Analyst
Morgan Stanley Analyst
BTIG Analyst
Gordon Haskett Analyst
Barclays Analyst
Truist Securities Analyst
Malleus Research Analyst
UBS Analyst
Guggenheim Analyst
North Coast Research Analyst
Jefferies Analyst
Citigroup Analyst
BMO Capital Markets Analyst
JP Morgan Analyst
Good evening and welcome to the Texas Roadhouse fourth quarter earnings conference call. Today's call is being recorded. All participants are now in the listen only mode. After the speaker's remarks, there will be a question and answer session. At that time, if you would like to ask a question, please press star then the number one on your telephone keypad. Should anyone need assistance at any time during the conference, please press star zero and an operator will assist you. I would now like to introduce Michael Balin, Vice President of Investor Relations for Texas Roadhouse. You may begin your conference. Thank you, Krista, and good evening. By now, you should have access to our earnings release for the fourth quarter and to December 30th, 2025. It may also be found on our website at TexasRoadhouse.com in the investor section. I would like to remind everyone that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance, and therefore, undue reliance should not be placed upon them. We refer all of you to our earnings release and our recent filings with the SEC. These documents provide a more detailed discussion of the relevant factors that could cause actual results to differ materially from those forward-looking statements. In addition, we may refer to non-GAAP measures. If applicable, reconciliations of the non-GAAP measures to the GAAP information can be found in our earnings release. On the call with me today is Jerry Morgan, Chief Executive Officer of Texas Roadhouse, Mike Lenahan, our Chief Financial Officer, and Keith Humpik, our Chief Accounting and Financial Services Officer. Following the prepared remarks, we will be available to answer your questions. In order to accommodate everyone t...