Texas Roadhouse
20 named things its latest annual report says its results depend on, each in the company's own words. 15 of them are also named by other companies we've read.
Suppliers
Four beef suppliers
depends on · four beef suppliersnamed as a riskWe currently purchase our beef primarily from four beef suppliers coming from the United States or Canada.Risk factors (Item 1A)
National distribution companies
depends onMost food products used in the operation of our restaurants are distributed to individual restaurants through national distribution companies.Business (Item 1)
Partners and platforms
Third-party cloud, hosting and telecommunications providers
depends onnamed as a riskIn addition, we rely on third-party cloud, hosting, content delivery, and telecommunications providers, and disruptions, outages, or degradations at these providers could impair our digital ordering and point-of-sale systems.Risk factors (Item 1A)
Other companies
Term SOFR
exposed to its price · 1.00% to 1.75%The terms of the credit facility require us to pay interest on outstanding borrowings at the Term Secured Overnight Financing Rate ("SOFR"), plus a fixed adjustment of 0.10% and a variable adjustment of 1.00% to 1.75% depending on our consolidated net leverage ratio.Market risk (Item 7A)
Also named by BWIN, CLH, DORM, DPZ, DY, ECG, HUBB, IBP and 9 more
Places
Texas
concentrated in · 101 company restaurantsnamed as a riskAs of December 30, 2025, we operated a total of 101 company restaurants in Texas and 50 company restaurants in Florida.Risk factors (Item 1A)
Also named by ABR, AFRM, ALLY, AN, ASO, ASTS, ATO, AXP and 70 more
Florida
concentrated in · 50 company restaurantsnamed as a riskAs of December 30, 2025, we operated a total of 101 company restaurants in Texas and 50 company restaurants in Florida.Risk factors (Item 1A)
Also named by ABR, ALLY, AN, AXP, AZO, BBY, BJ, BRO and 54 more
Philippines
earns from · 25Of the 102 franchise restaurants, 36 were domestic Texas Roadhouse restaurants, five were domestic Jaggers restaurants, 60 were international Texas Roadhouse restaurants, including two restaurants in a U.S. territory, and one was an international Jaggers restaurant.Business (Item 1)
Also named by ACN, ADI, AEHR, COF, FDS, HRL, INTU, LITE and 5 more
Hazards
Hurricanes
concentrated in · Approximately 21% of our company restaurantsnamed as a riskIn addition, given our geographic concentration in these states, negative publicity regarding any of our restaurants in either Texas or Florida could have a material adverse effect on our business and operations, as could other occurrences in either Texas or Florida such as health epidemics or pandemics, local strikes, energy shortages or extreme fluctuations in energy prices, droughts, earthquakes, hurricanes, tornados, fires, or other natural disasters.Risk factors (Item 1A)
Also named by AIG, AN, ASO, BAC, BBY, BJ, BPOP, BRO and 89 more
Commodities and inputs
Beef
exposed to its pricenamed as a riskIn 2025, we experienced higher than normal commodity inflation, specifically relating to beef, impacting our restaurant margin and we are anticipating these higher inflationary conditions to continue into 2026.Risk factors (Item 1A)
Regulators
Laws and programs
Payment Card Industry Data Security Standard (PCI DSS)
subject to · approximately 89% of our transactionsnamed as a riskIn 2025, approximately 89% of our transactions were by credit or debit cards.Risk factors (Item 1A)
Also named by ABNB, AZO, BJ, BKNG, CASH, CASY, COST, DOV and 20 more
Alcoholic beverage control regulations
subject to · 8.8% of restaurant salesnamed as a riskIn 2025, alcoholic beverages at all company restaurants accounted for 8.8% of restaurant sales.Business (Item 1)
Foreign Corrupt Practices Act
subject tonamed as a riskThese include antitrust and tax requirements, anti-boycott regulations, import/export controls and customs requirements, the potential imposition of tariffs and or other trade barriers or restrictions, other international trade regulations, the USA Patriot Act, and the Foreign Corrupt Practices Act.Risk factors (Item 1A)
Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more
Tariffs
exposed to its pricenamed as a riskWe are susceptible to increases in food costs as a result of factors beyond our control, such as food supply constrictions, inflationary cycles, weather conditions, food safety concerns, global pandemics, product recalls, global market and trade conditions, and government regulations including the imposition of tariffs.Risk factors (Item 1A)
Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more
Americans with Disabilities Act (ADA)
subject tonamed as a riskAlthough our restaurants are designed to be accessible to disabled guests, we could be required to make unexpected modifications to provide service or equal access to, or make reasonable accommodations for, disabled guests.Risk factors (Item 1A)
Also named by AMT, CMG, DRI, ELS, HHH, HLT, LLYVA, LYV and 3 more
Dram shop statutes
subject tonamed as a riskSome litigation against restaurant chains has resulted in significant judgments, including punitive damages, under dram shop statutes.Risk factors (Item 1A)
Minimum and tipped wage laws
subject tonamed as a riskWe have many restaurants located in states or municipalities where the minimum and/or tipped wage is greater than the federal minimum and/or tipped wage.Risk factors (Item 1A)
Technology
GLP-1 agonists
named as a riskMedical conditions or treatments that restrict consumption of certain foods may cause consumers to avoid or consume less of our products and current and new medical treatments such as GLP-1 agonists may shift consumer preferences.Risk factors (Item 1A)