Welcome to our dedicated page for Brinker Intl news (Ticker: EAT), a resource for investors and traders seeking the latest updates and insights on Brinker Intl stock.
Brinker International, Inc. (NYSE: EAT) is a casual dining restaurant company and the parent of Chili's Grill & Bar and Maggiano's Little Italy. This news page aggregates company-issued updates, earnings announcements and brand-level stories that relate to EAT and its restaurant system.
Brinker regularly releases earnings results and guidance for its fiscal quarters and years, along with details on comparable restaurant sales, segment performance for Chili's and Maggiano's, and commentary from management. These announcements are often accompanied by information about scheduled earnings conference calls and webcasts for investors.
News related to Chili's Grill & Bar frequently covers menu changes, new product introductions and marketing campaigns. Examples from recent releases include the launch of Southwestern Queso and other menu innovations, as well as promotional initiatives tied to items such as the Triple Dipper and various margarita offerings. Chili's communications also highlight collaborations with partners in areas such as motorsports and consumer brands.
Updates involving Maggiano's Little Italy appear in Brinker's broader financial and strategic communications, including references to initiatives to enhance its Italian-American dining experience. Company news can also address leadership changes and segment strategies.
Brinker and its brands also issue news about community and charitable efforts, such as Chili's long-running partnership with St. Jude Children's Research Hospital and programs like Create-A-Pepper. These releases describe fundraising campaigns and guest participation opportunities.
Investors, analysts and guests can use this page to follow EAT news on topics such as financial performance, brand marketing, partnerships, product launches and corporate governance updates. Checking this feed over time provides a consolidated view of how Brinker communicates developments across its restaurant portfolio.
Brinker International (NYSE: EAT) has appointed Timothy (TJ) Johnson to its Board of Directors. Johnson brings over 30 years of experience with consumer-facing, global retail brands and more than a decade as a public company CFO. He currently serves as Chief Financial and Chief Administrative Officer at Victoria's Secret & Co since 2021, with planned retirement in June 2025.
Johnson's previous roles include CFO and Chief Administrative Officer at Big Lots, and corporate finance positions at Brands after starting his career at Coopers & Lybrand. He has served on The Aaron's Company board and qualifies as a financial expert with significant experience in financial planning, strategy development, accounting, investor relations, capital allocation, M&A, and risk management.
Chili's partners with Lifetime to create 'I'll be Home for National Margarita Day,' a 15-minute television event starring Maria Menounos and Taye Diggs, premiering February 19, 2025, at 10pm ET. The story follows former love interests reuniting at Chili's while trying to save their town's National Margarita Day traditions from a developer's plans.
As the leading seller of margaritas among U.S. restaurant brands, with over 25 million margaritas sold in 2024, Chili's is celebrating National Margarita Day (February 22) with special promotions, including a $5 Tequila Trifecta at participating locations and a $6 StrawEddy Margarita available throughout February. The company is also launching themed merchandise, including t-shirts and sweaters available on their website.
Chili's Grill & Bar announces its new 'Ride the 'Dente'™ campaign for the 2025 NASCAR season, extending its partnership with Spire Motorsports. The campaign celebrates Chili's rebranded Presidente Margarita®, a signature drink since 1994, featuring reposado tequila, brandy, and orange liqueur.
The partnership includes a full-length country music video featuring the Spire Motorsports No. 7 Chili's Ride the 'Dente Chevy, which will be showcased on FOX during Daytona races. Justin Haley and crew chief Rodney Childers will make their points racing debut in the specially designed vehicle during Daytona Speedweeks, culminating in the 67th Daytona 500.
The campaign includes special events like a meet-and-greet at Chili's Ormond Beach, the Chili's 'Ride the 'Dente' 200 ARCA Menards Series event, and National Margarita Day celebrations on February 22.
Brinker International (NYSE: EAT) reported strong financial results for Q2 FY2025. Company sales reached $1,346.1 million, up from $1,063.7 million in Q2 FY2024. Comparable restaurant sales increased 27.4%, with Chili's showing impressive growth of 31.4% and Maggiano's up 1.8%.
Chili's performance was particularly notable with a 19.9% increase in traffic, driven by advertising investments and operational improvements. The company's operating income margin improved to 11.5%, while restaurant operating margin (non-GAAP) rose to 19.1%. Net income increased significantly to $118.5 million, with earnings per diluted share reaching $2.61, up from $0.94 in the previous year.
Brinker International (NYSE: EAT) has announced its upcoming second quarter fiscal 2025 earnings conference call, scheduled for Wednesday, January 29, 2025, at 10 a.m. Eastern Time. The company will release its earnings results before the market opens on the same day. The live audio webcast will be accessible through Brinker's investor relations website, with a replay available for two weeks following the event. Thomson StreetEvents subscribers will also have access to the replay.
Brinker International has appointed Mike Wesley as Vice President of Marketing for Maggiano's Little Italy. Wesley brings nearly 15 years of industry experience, joining after a 14-year tenure at Yum! Brands where he served as VP of Brand Marketing for KFC U.S. This appointment follows recent leadership additions including President Dominique Bertolone and VP of Innovation and Growth Chef Anthony Amoroso. In his new role, Wesley will focus on amplifying the Maggiano's brand and driving key marketing and promotional strategies as the restaurant chain enters its next era of Italian American dining.
Chili's is launching a -edition Triple Dipper Dream Collection, inspired by their viral menu item that garnered over 200 million TikTok views. The collection, available from November 21, includes themed bedding, eye masks, and socks, priced from $10 to $100. This launch follows the Triple Dipper's success, with sales up 70% year over year in Q1. Additionally, Chili's is introducing Honey Chipotle Mozz to their secret menu, following the successful launch of Nashville Hot Mozz earlier this year.
Maggiano's Little Italy has unveiled new fall-inspired menu items and its Thanksgiving Family-Style menu for November 2024. The seasonal additions include Butternut Squash Ravioli, 'Riserva' Veal Parmesan, and Pumpkin Praline Cheesecake, available until December 4. The restaurant has also permanently added Fettucine Bolognese to its menu following positive guest feedback. The Thanksgiving menu, available November 28, features a three-course meal with multiple entrée, pasta, and dessert options, served family-style for both dine-in and carryout. Carryout packages serving up to five people can be ordered for hot or cold preparation, with orders required by 8 p.m. the day before pickup.
Brinker International (NYSE: EAT) reported strong first quarter fiscal 2025 results, with company sales reaching $1,127.3 million, up from $1,002.0 million in Q1 2024. Comparable restaurant sales increased 13.0%, with Chili's up 14.1% and Maggiano's up 4.2%. Operating income margin improved to 5.0%, while restaurant operating margin increased to 13.5%. Net income per diluted share was $0.84. The company updated its fiscal 2025 guidance, projecting total revenues between $4.70-$4.75 billion and adjusted earnings per share of $5.20-$5.50.
Brinker International, Inc. (NYSE: EAT) has rescheduled its first quarter fiscal 2025 earnings call to Wednesday, October 30, 2024, at 9:00 am Eastern Time. This change aims to minimize conflicts with other industry earnings announcements. The company will release its Q1 FY2025 results before the U.S. financial markets open on the same day.
Investors can access the live audio webcast through Brinker's investor relations website. A replay of the conference call will be available on the website for two weeks after the event and via Thomson StreetEvents for their service subscribers.
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