Texas Roadhouse, Inc. (TXRH) Q3 2025 Earnings Call Transcript

**Texas Roadhouse Third Quarter Earnings Conference Call Transcript**

*Good evening, and welcome to the Texas Roadhouse Third Quarter Earnings Conference Call. Today’s call is being recorded.*

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**Operator Instructions:**
[Operator instructions omitted for brevity.]

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I would now like to introduce Michael Bailen, Head of Investor Relations for Texas Roadhouse. Michael, you may begin your conference.

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**David Palmer, Evercore ISI Institutional Equities, Research Division:**
Thank you, Julianne, and good evening, everyone.

By now, you should have access to our earnings release for the third quarter ended September 30, 2025. The release can also be found on our website at [texasroadhouse.com](https://www.texasroadhouse.com) in the Investors 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 official filings and disclosures for further information.

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