Key Points Brinker International operates over 1,600 Chili’s Grill and Bar and Maggiano’s Little Italy restaurants. Brinker sponsored NASCAR driver Corey LaJoi’s car during the Daytona 500 with every general manager’s name on the hood. Brinker beats fiscal Q3 2024 EPS by 9 cents and raised full-year 2024 EPS forecasts for $3.80 to $4.00, beating $3.69 consensus estimates. 5 stocks we like better than Brinker International Shares of restaurant operator Brinker International Inc. NYSE: EAT surged to 52-week h ...

Brinker International (EAT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy is driving estimates higher, which should get reflected in its stock price. After all, empirical researc ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Brinker International, Inc. (EAT) reported stellar third-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. During the quarter, the company’s performance was backed by sustained advancements in enhancing the guest experience, effective marketing strategies and traffic-driving initiatives. Following the results, the stock moved up 7.9% during trading hours on Apr 30. Earnings & Revenue Discussion In th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 27, 2024 Commission File Number 1-10275 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) DE 75-1914582 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3000 Olympus Blvd 75019 DallasTX (Address of principal executive off ...

财务数据和关键指标变化 - 公司第三季度总收入为11.20亿美元,同比增长 [29][30] - 综合同店销售增长3.3% [30] - 调整后每股收益为1.24美元 [30] 各条业务线数据和关键指标变化 - Chili's品牌同店销售增长3.5%,客流量部分被价格上涨抵消 [31] - Maggiano's品牌同店销售增长1.7%,客流量下降但价格和客单价上升 [32] 各个市场数据和关键指标变化 - 公司继续减少虚拟品牌业务,这对Chili's客流量产生约2.5%的负面影响 [31] - 天气因素对第三季度业务产生约1.1%的负面影响 [32] 公司战略和发展方向及行业竞争 - 公司持续推进提升顾客和员工体验,并推出有利于带动客流的举措 [9][10][11][12][13] - 公司推出新的大汉堡产品,并优化菜单简化,提升运营效率 [14][17][18] - 公司广告营销持续发力,提升品牌知名度和相关性 [20][21] - 公司正在制定2025财年的战略重点和目标 [22] 管理层对经营环境和未来前景的评论 - 公司业务持续保持良好势头,表明公司战略奏效,未来可期 [23] - 公司有信心在未来实现长期可持续增长 [23] 问答环节重要的提问和回答 问题1 **Christopher O'Cull 提问** 公司广告是否有助于提升不同收入群体的品牌认知 [46][47] **Kevin Hochman 回答** 公司目前看到各收入群体的消费都在增长,广告也有助于提升无助认知度。公司将继续优化广告策略和CRM,提升针对性营销 [47][48][49][56][57][58] 问题2 **Jeffrey Farmer 提问** 公司利润增长超过收入增长的主要驱动因素 [62][63][64][65][66][67] **Joseph Taylor 回答** 主要得益于收入增长带来的规模效应,以及公司在运营效率、人力成本管控等方面的持续改善 [63][64][65][66] 问题3 **David Palmer 提问** 公司如何看待未来的人工成本趋势 [75][76][77] **Mika Ware 回答** 公司已经度过了初期的人工成本投入,未来将继续通过提升运营效率和降低员工流失率来有效管控人工成本 [76][77]

For the quarter ended March 2024, Brinker International (EAT) reported revenue of $1.12 billion, up 3.4% over the same period last year. EPS came in at $1.24, compared to $1.23 in the year-ago quarter. The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +7.83%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Brinker International (EAT) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.83%. A quarter ago, it was expected that this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy would post earnings of $0.94 per share when it actually produced earnings of $0.99 ...

Exhibit 99.1 BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2024 RESULTS; AND UPDATES FISCAL 2024 GUIDANCE DALLAS (April 30, 2024) – Brinker International, Inc. (NYSE: EAT) today reported financial results for the third quarter ended March 27, 2024. Third Quarter Fiscal 2024 Financial Highlights Company sales were $1,108.9 million in the third quarter of fiscal 2024 compared to $1,072.9 million in the third quarter of fiscal 2023. Comparable restaurant sales increased 3.3%, with an increase in compar ...

DALLAS, April 30, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today reported financial results for the third quarter ended March 27, 2024. Third Quarter Fiscal 2024 Financial Highlights Company sales were $1,108.9 million in the third quarter of fiscal 2024 compared to $1,072.9 million in the third quarter of fiscal 2023. Comparable restaurant sales increased 3.3%, with an increase in comparable restaurant sales of 3.5% for Chili's and 1.7% for Maggiano's. The comparable restaurant sales in ...