Brinker Intl Inc Stock Price, News & Analysis

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.

Brinker International, Inc. (NYSE: EAT) has announced its upcoming first quarter fiscal 2025 earnings call, scheduled for Wednesday, October 30, 2024, at 10 a.m. Eastern Time. The company will release its earnings report before the market opens on the same day. Investors and interested parties can access the live audio webcast through Brinker's investor relations website. The call may also include other business updates. For those unable to attend live, a replay of the conference call will be available on the website for two weeks following the event. Additionally, Thomson StreetEvents will provide access to the replay for their service subscribers.

Maggiano's Little Italy, owned by Brinker International (NYSE: EAT), has appointed Michelin-starred Chef Anthony Amoroso as Vice President of Innovation and Growth. This move marks a significant step in the brand's culinary evolution, introducing eight new Italian-American classics to the menu. The new offerings include appetizers like the Antipasto Board and Truffle & Honey Whipped Ricotta, entrees such as the 'Riserva' Veal Parmesan and Rigatoni alla Vodka, and a Dessert Trio Platter.

These additions complement Maggiano's recently released Master Sommelier Selection, a curated collection of six wines chosen by Master Sommelier Jason Smith. The menu enhancements aim to blend tradition with innovation, catering to both longtime guests and newcomers. This initiative aligns with Maggiano's commitment to providing exceptional dining experiences and elevating its culinary offerings.

Chili's Grill & Bar introduces 3 For Lunch Combos, offering 11 options starting at $10.99 on weekdays from 11 a.m. to 3 p.m. The combo includes bottomless chips and salsa, choice of entrée, and a bottomless non-alcoholic drink. Menu features elevated versions of popular lunch items like burgers, chicken tenders, and sandwiches.

To highlight the value, Chili's challenges professional eater Joey Chestnut to finish a 3 For Lunch Combo on October 1, 2024. If Chestnut wins, he gets the 3 for Lunch Golden Basket Belt and lunch money for a year. If he loses, Chili's guests can win free 3 For Lunch Combos for a year.

Chili's Grill & Bar has announced the return of its Create-A-Pepper program in partnership with St. Jude Children's Research Hospital®. This initiative, celebrating its 22nd year, has raised over $110 million to date. Throughout September, which is Childhood Cancer Awareness Month, guests can purchase coloring sheets at Chili's locations for $1, $5, $10, or $25, with 100% of proceeds going to St. Jude.

The program supports St. Jude's mission of advancing treatment and research for cancer and other life-threatening diseases. Chili's was recently named the 2024 St. Jude Corporate Champion in recognition of their long-standing partnership. The Create-A-Pepper campaign began in 2002 in Memphis and has since grown into a nationwide initiative.

Brinker International (NYSE: EAT) reported strong Q4 fiscal 2024 results, with Company sales increasing to $1,196.5 million, up from $1,064.8 million in Q4 fiscal 2023. Comparable restaurant sales rose 13.5%, driven by a 14.8% increase at Chili's and 2.5% at Maggiano's. The company's operating income margin improved to 6.1%, while restaurant operating margin (non-GAAP) increased to 15.2%.

Diluted net income per share reached $1.24, compared to $1.19 in the previous year. For fiscal 2025, Brinker expects total revenues between $4.55 billion and $4.62 billion, with net income per diluted share (excluding special items) projected at $4.35 to $4.75. The company ended fiscal 2024 with no outstanding borrowings on its $900.0 million revolving credit facility and $64.6 million in cash.

Brinker International (NYSE: EAT) has announced its upcoming fourth quarter fiscal 2024 earnings call, scheduled for Wednesday, August 14, 2024, at 10 a.m. Eastern Time. The company will release its earnings report before the market opens on the same day. Investors and interested parties can access the live audio webcast through Brinker's investor relations website. The call may include additional business updates beyond the earnings report. For those unable to attend the live event, a replay will be available on the company's website for two weeks following the call. Thomson StreetEvents subscribers will also have access to the replay through their service.

Maggiano's Little Italy is launching a new era of classic Italian-American dining with a series of enhanced offerings, beginning with a revamped cocktail menu. Under the new leadership of President Dominique Bertolone, who brings over 20 years of experience from notable destinations like MGM Resorts and Monte Carlo Beach, the restaurant aims to blend its cherished traditions with new, luxurious experiences. The updated cocktail menu, named the Mixologist Collection, features premium ingredients and dramatic tableside presentations, with prices ranging from $14 to $17. Key offerings include the Smoked Old Fashioned, Pomegranate Martini, Rosa Spritz, and Grand Margarita. Maggiano's is also enhancing its food menu by sourcing high-quality ingredients and collaborating with industry experts like Master Sommelier Jason Smith. More updates will be revealed throughout the summer and fall.