Brinker International (EAT) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.42%. A quarter ago, it was expected that this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy would post earnings of $1.15 per share when it actually produced earnings of $1.2 ...

Exhibit 99.1 BRINKER INTERNATIONAL REPORTS FOURTH QUARTER OF FISCAL 2024 RESULTS AND PROVIDES FISCAL 2025 GUIDANCE DALLAS (August 14, 2024) – Brinker International, Inc. (NYSE: EAT) today announced financial results for the fourth quarter ended June 26, 2024, and provided financial guidance for fiscal 2025. Fourth Quarter Fiscal 2024 Financial Highlights Company sales were $1,196.5 million in the fourth quarter of fiscal 2024 compared to $1,064.8 million in the fourth quarter of fiscal 2023. Comparable rest ...

DALLAS, Aug. 14, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced financial results for the fourth quarter ended June 26, 2024, and provided financial guidance for fiscal 2025. Fourth Quarter Fiscal 2024 Financial Highlights Company sales were $1,196.5 million in the fourth quarter of fiscal 2024 compared to $1,064.8 million in the fourth quarter of fiscal 2023. Comparable restaurant sales increased 13.5%, with an increase in comparable restaurant sales of 14.8% for Chili's and 2 ...

Among the Zacks Rank #1 (Strong Buy) list, Brinker International (EAT) and Texas Roadhouse (TXRH) are two stocks that stand out in terms of growth. Seeing increased traffic, these retail restaurant stocks should fulfill investors' appetites with their expansion. To that point, Brinker International's stock has soared +62% this year with Texas Roadhouse shares up nearly +40%. Image Source: Zacks Investment Research Higher Traffic at Chile's is Driving Brinker International's Growth Brinker International's mo ...

Wall Street analysts forecast that Brinker International (EAT) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year increase of 18.7%. It is anticipated that revenues will amount to $1.16 billion, exhibiting an increase of 7.7% compared to the year-ago quarter. Over the last 30 days, there has been an upward revision of 6.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsid ...

Brinker International, Inc. (EAT) is scheduled to report fourth-quarter fiscal 2024 results on Aug 14, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 7.8%. How Are Estimates Placed? The Zacks Consensus Estimate for fiscal fourth-quarter earnings per share (EPS) is pegged at $1.65 per share, indicating an 18.7% increase from the prior-year reported figure of $1.39. The estimated figure moved up from $1.55 in the past 30 days. The consensus mark for revenu ...

In the latest market close, Brinker International (EAT) reached $61.75, with a -1.41% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.77%. Meanwhile, the Dow experienced a drop of 0.6%, and the technology-dominated Nasdaq saw a decrease of 1.05%. Prior to today's trading, shares of the operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy had lost 5.42% over the past month. This has was narrower than the Retail-Wholesale sector's ...

The market expects Brinker International (EAT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 14, 2024, might help the stock move higher if these key num ...

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Earnings growth is arguably the most important factor, as stocks exhibiting exceptionall ...

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