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Brinker International(EAT) - 2024 Q3 - Quarterly Results
2024-04-30 12:08
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 ...
BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2024 RESULTS; AND UPDATES FISCAL 2024 GUIDANCE
Prnewswire· 2024-04-30 10:45
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 ...
Insights Into Brinker International (EAT) Q3: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-25 14:20
Wall Street analysts forecast that Brinker International (EAT) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year decline of 6.5%. It is anticipated that revenues will amount to $1.12 billion, exhibiting an increase of 3.3% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsider ...
Earnings Preview: Brinker International (EAT) Q3 Earnings Expected to Decline
Zacks Investment Research· 2024-04-23 15:07
Brinker International (EAT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Apr ...
BRINKER INTERNATIONAL, INC. TO HOST THIRD QUARTER FISCAL 2024 EARNINGS CALL
Prnewswire· 2024-04-16 20:30
DALLAS, April 16, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Tuesday, April 30, 2024, to review third quarter fiscal 2024 earnings, which will be announced before the market opens on April 30, 2024. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website at https://investors.brinker.com/events/event-details/q3-2024-brinker-international-earn ...
5 Restaurant Stocks to Buy on Strong Sales in March
Zacks Investment Research· 2024-04-16 13:26
U.S. restaurants continue to flourish in 2024 after impressive performances in the last two years. Restaurant sales were not impacted much despite severe inflationary pressure. The momentum is likely to continue for the rest of 2024.Strong Restaurant Sales in MarchThe Department of Commerce reported that sales at U.S. bars and restaurants (adjusted for seasonal variation and holiday sales but not for price changes) came in at $93.7 billion in March, up 0.4% from February. Year over year, spending on restaur ...
It's All Happening: Chili's® Introduces a New Espresso Martini to Its Menu with Help from Reality Stars Scheana Shay and Katie Maloney
Prnewswire· 2024-04-15 13:00
The grill & bar is shaking up a new Espresso Martini with a Chili's twist, available starting April 15  DALLAS, April 15, 2024 /PRNewswire/ -- Chili's® Grill & Bar is introducing its own version of the ever-popular Espresso Martini with a modification only Chili's could shake up ꟷ  swapping the traditionally used vodka for reposado tequila. To help bring its Espresso Martini to restaurants nationwide, Chili's has partnered with fan-favorite reality stars, Scheana Shay and Katie Maloney, who know a thing or ...
Brinker International (EAT) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-09 23:21
Brinker International (EAT) closed at $47.91 in the latest trading session, marking a -0.6% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.15%. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.32%.The operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy's stock has climbed by 0.33% in the past month, falling short of the Retail-Wholesale sector's gain of 1.12% and the S&P 500's gain of 1.65%.Analyst ...
3 Top Rated Retail Restaurant Stocks to Consider in April
Zacks Investment Research· 2024-04-09 22:36
Several retail restaurant stocks have become attractive this spring with a few being some of the market's top performers so far this year while others look poised for a rebound.With these stocks sporting a Zacks Rank #2 (Buy), here’s a look at three of the top retail restaurant's to consider investing in right now. McDonald’s (MCD) : Starting the list is McDonald’s, as the iconic fast food chain has remained a viable investment with steady growth. McDonald’s historical performance attests to this as well wi ...
Will Brinker International (EAT) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-09 17:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Brinker International (EAT) , which belongs to the Zacks Retail - Restaurants industry.This operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 419.33%.For the most recent quart ...