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), parent company of Chili's® and Maggiano's Little Italy®, maintains this dedicated news hub for investors and industry observers. Access official press releases, financial updates, and strategic announcements from one of casual dining's most established operators.
This resource provides timely updates on earnings reports, leadership developments, and operational milestones. Track menu innovations, franchise expansions, and corporate initiatives that shape Brinker's position in the competitive restaurant sector. All content is sourced directly from company filings and authorized communications.
Key updates include quarterly financial results, partnership announcements, and operational efficiency initiatives. Subscribers receive alerts about dividend declarations, management changes, and brand development strategies. Bookmark this page for verified information on Brinker's growth trajectory and market performance.
On October 28, 2021, Chili's Grill & Bar announced the addition of four new Big Mouth Burgers to its menu, including two featuring double beef patties. The lineup includes the Bacon Rancher, Big Bacon BBQ, BBQ Brisket Burger, and Chili's Secret Sauce Burger, alongside the previously launched Big Mouth Crispy Chicken Sandwich. Chili's emphasizes its commitment to quality and affordability in its offerings, maintaining its reputation as a gourmet burger restaurant since 1975.
Brinker International, Inc. (NYSE: EAT) has announced its earnings conference call scheduled for 10 a.m. ET on Nov. 3, 2021. The call will discuss the company's fiscal 2022 first-quarter earnings, which will be released prior to market opening on the same day. The live audio webcast will be accessible through Brinker's investor relations website, with a replay available for two weeks post-event. Brinker operates over 1,600 restaurants and is known for its brands, including Chili's® Grill & Bar and Maggiano's Little Italy®.
Garnett Station Partners, a New York-based investment firm, announces the appointment of Alex Macedo as Partner. Macedo, with nearly two decades of experience in consumer businesses, currently serves as CEO of Fat Tuesday, a leading off-premise alcohol business. Previously, he held executive roles at Restaurant Brands International, including President of Burger King North America and Global President of Tim Horton’s. His expertise will enhance Garnett Station’s investment strategies and consumer-focused portfolio, particularly in the franchise sector.
Brinker International (NYSE: EAT) reported a 17% increase in Company sales to $859.6 million in Q1 fiscal 2022 compared to $728.2 million in Q1 fiscal 2021. Despite this growth, operating income rose marginally to $25.6 million, with operating margin declining to 2.9%. Factors like increased labor and commodity costs impacted margins, with restaurant operating margin dropping to 10.4%. Net income per diluted share improved to $0.28, while excluding special items, it reached $0.34. The company anticipates a price increase of 3% to 3.5% to mitigate inflationary pressures.
Chili's® Grill & Bar launches its inaugural College Ambassador Program, open for applications until October 18, 2021. Selected ambassadors will receive exclusive merchandise valued at nearly $400 and gift cards to distribute on campus. The program aims to engage college students and boost brand awareness by inviting them to share their love for Chili's on social media. Winners will be notified by November 1, 2021. This initiative aligns with Chili's commitment to creating community connections and enhancing the dining experience.
Chili's Grill & Bar has announced its inaugural College Ambassador Program aimed at engaging collegiate fans by selecting 50 ambassadors to promote the brand. The initiative runs until October 18, 2021, with selected winners notified by November 1, 2021. Ambassadors will receive exclusive merchandise valued at nearly $400, gift cards, and opportunities to win additional prizes throughout the school year. This program aims to strengthen Chili's brand presence and connect with younger audiences during the school season.
Chili's Grill & Bar is celebrating homecoming season by giving away customized "Chilified" mums and matching garters to 25 winners. To enter, participants must comment on Chili's social media posts by tagging their dream date and sharing why they want to take them to homecoming, by September 22. This promotion is part of Chili's efforts to engage with customers through festive experiences. Known for its casual dining, Chili's operates over 1,600 restaurants internationally and emphasizes creating memorable dining experiences.
Brinker International's virtual brand, It's Just Wings, announced a partnership with YOKE to launch a brand ambassador program featuring 125 top college football players. This initiative aims to target young consumers at the intersection of food, gaming, and sports. The athletes will promote It's Just Wings on social media and at their universities. The partnership marks a strategic move as the brand anticipates increased visibility during the football season, with plans for two events via the YOKE gaming app. Special promotions include free delivery on orders over $10 until Oct. 31.
Brinker International, Inc. (NYSE: EAT) has acquired 23 Chili's Grill & Bar restaurants from franchisee Chesapeake Foods, Inc., funded through its credit facility. This strategic acquisition aims to bolster Brinker’s growth strategy and enhance its presence in the Mid-Atlantic region. The company anticipates that the transaction will be accretive to earnings per share (EPS) and cash flow in fiscal year 2022. Joe Taylor, Brinker’s CFO, highlighted the long-standing partnership with Chesapeake and the value of ownership in driving performance.
Brinker International, Inc. (NYSE: EAT) announced its in-person investor day will be on October 20, 2021, instead of the previously scheduled September 15. The event, taking place at Brinker’s Dallas headquarters from 9 a.m. CT to 12:30 p.m. CT, will provide insights into the company’s long-term strategic growth opportunities and operational updates. A live audio webcast will be available for remote attendees, with a replay accessible until November 3, 2021.
