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.
Chili's Grill & Bar announces a collaboration with Chain, a Los Angeles pop-up featuring a Michelin-starred chef, to host four exclusive events at The Chain House. The collaboration focuses on a gourmet reinterpretation of beloved Chili's staples, including the Desert Dusted Southwest Eggrolls and Chicken Crispers. Events are scheduled for November 12, 15, 18, and 19, offering limited reservations for My Chili's Rewards members. The initiative emphasizes Chili's commitment to innovation within casual dining and aims to engage customers with a refined culinary experience.
Brinker International has announced key leadership changes to enhance operational effectiveness. Aaron White has been promoted to Executive Vice President and Chief People Officer, focusing on team member experience, recruitment, and talent development. Wade Allen returns as Chief Digital Officer, tasked with expanding the off-premise business and enhancing the digital guest experience, crucial as Chili’s generates $1 billion annually from off-premise sales. Both appointments aim to align employee strategy with business goals and improve guest engagement.
Brinker International, Inc. (NYSE: EAT) has announced an earnings conference call scheduled for 10 a.m. Eastern Time on November 2, 2022. The company will review its first quarter fiscal 2023 earnings, which are set to be released before the market opens on the same day. Additional business updates may also be provided during the call. Interested parties can access the live audio webcast through Brinker's investor relations website. A replay will be available for two weeks after the event.
Chili's Grill & Bar has launched a new happy hour and bar menu coinciding with the football season, positioning itself as a prime destination for fans. The menu features nine new wing flavors, a Chili's Philly, and a selection of new drinks including the Chili's Ranch Water. Happy hour will offer drinks at competitive prices, like Bud Light starting at $3. Additionally, ten new bar bites will be available, starting at just $5. The promotion aims to enhance guest experiences during game time, with hours varying by location.
Brinker International (EAT) reported Q4 fiscal 2022 sales of $987.4 million, down from $990.9 million in Q4 2021. Operating income decreased significantly to $44.7 million, marking an operating margin drop from 10.0% to 4.4%. Net income per diluted share fell to $0.90 from $1.58 year-over-year. Comparable restaurant sales showed modest growth at 3.1% for Brinker overall, but Chili's faced declines. For fiscal 2023, Brinker anticipates total revenues between $3.9 billion and $4.0 billion, with EPS guidance of $2.45 - $2.85.
Brinker International (NYSE: EAT) has announced an earnings conference call scheduled for 10 a.m. Eastern Time on August 24, 2022, to discuss its fourth quarter fiscal 2022 earnings. The earnings report will be released prior to market opening on the same day. Investors can access the live audio webcast through Brinker's investor relations website, with a replay available for two weeks post-event. Brinker, known for brands like Chili's and Maggiano's, operates over 1,600 restaurants across 29 countries.
Brinker International, Inc. (NYSE: EAT) has appointed George Felix as the new Chief Marketing Officer for Chili's Grill & Bar. Felix, recognized for revitalizing brands, has had a successful marketing career at companies including Procter & Gamble and Tinder. His experience includes award-winning campaigns that modernized brand images and drove growth. He aims to leverage his expertise to accelerate growth for Chili's starting on July 21. CEO Kevin Hochman expressed confidence in Felix's ability to enhance the company's market positioning.
Maggiano's Little Italy and Make-A-Wish celebrate their 19th year of partnership with the 'Eat-a-Dish for Make-A-Wish' program, aiming to surpass $10 million in donations this year. The campaign has already raised $9.6 million, providing funding for nearly 1,300 wishes. Guests can contribute by ordering featured dishes, purchasing Wish Stars, and other donation options until August 24, 2022. Maggiano's president emphasizes the importance of this initiative post-pandemic, as they continue to support children with critical illnesses.
Grubhub has partnered with Brinker International, Inc. to offer popular dining brands Chili's® Grill & Bar, It's Just Wings®, and Maggiano's Little Italy® on its platform. This collaboration will bring over 2,500 restaurant locations to Grubhub, enhancing the convenience for diners. Off-premise dining represents more than 35% of Chili's Q3 sales, underscoring the importance of this partnership. To celebrate, Grubhub is offering promotions including free wings and Skillet Queso with qualifying purchases. The expansion aims to meet customer demands for digital ordering.
Chili's Grill & Bar has launched a new value menu called 3 for Me, allowing Guests to customize meals starting at $10.99. The menu includes a non-alcoholic drink, appetizer, and entrée, featuring popular items like Chicken Crispers® and Oldtimer® Cheeseburger. Guests can enhance their meals with options for an additional $2.49. This initiative replaces previous offerings while introducing new dishes such as Carne Asada. Chili's also continues its LunchBreak Combos for $9 on weekdays, promoting value for Customers amidst inflation.