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Brinker International (EAT) Surpasses Q2 Earnings Estimates
Zacks Investment Research· 2024-01-31 13:56
Brinker International (EAT) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.32%. 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 $0.03 per share when it actually produced earnings of $0.28, ...
BRINKER INTERNATIONAL REPORTS SECOND QUARTER OF FISCAL 2024 RESULTS; AND UPDATES FISCAL 2024 GUIDANCE
Prnewswire· 2024-01-31 11:45
DALLAS, Jan. 31, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced its financial results for the second quarter ended December 27, 2023. Second Quarter Fiscal 2024 Financial Highlights Brinker International reported net income per diluted share of $0.94, in the second quarter of fiscal 2024, a 51.6% increase compared to the second quarter of fiscal 2023. Net income per diluted share, excluding special items (non-GAAP), was $0.99 in the second quarter of fiscal 2024, a 30.3% increa ...
Brinker International(EAT) - 2024 Q2 - Quarterly Report
2024-01-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 27, 2023 Commission File Number 1-10275 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) DE 75-1914582 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3000 Olympus Blvd 75019 DallasTX (Address of principal executive ...
What Analyst Projections for Key Metrics Reveal About Brinker International (EAT) Q2 Earnings
Zacks Investment Research· 2024-01-30 15:21
Wall Street analysts expect Brinker International (EAT) to post quarterly earnings of $0.94 per share in its upcoming report, which indicates a year-over-year increase of 23.7%. Revenues are expected to be $1.08 billion, up 5.8% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 3.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of thi ...
That's Amoré! Maggiano's Little Italy® Celebrates Valentine's Day Signatures and February Features
Prnewswire· 2024-01-29 15:45
Family-style restaurant spreads the love with seasonal specials and meals for twoDALLAS, Jan. 29, 2024 /PRNewswire/ -- Maggiano's Little Italy® has announced the return of its specially-crafted Valentine's Day dine-in and carryout menus for couples and some decadent seasonal features for the month of February. As a restaurant focused on bringing people together over the joy of delicious food and drink the Italian-American restaurant is looking forward to delivering extra-special romantic offerings to its gu ...
Factors Setting the Tone for Brinker's (EAT) Q2 Earnings
Zacks Investment Research· 2024-01-26 14:06
Brinker International, Inc. (EAT) is scheduled to report second-quarter fiscal 2024 results on Jan 31. In the last reported quarter, the company delivered an earnings surprise of 833.3%.How Are Estimates Placed?The Zacks Consensus Estimate for fiscal second-quarter earnings per share (EPS) is pegged at 96 cents, indicating an improvement of 26.3% from 76 cents reported in the year-ago quarter.The consensus mark for revenues is pegged at $1.08 billion, suggesting a 5.9% increase from the year-ago quarter’s f ...
Should Value Investors Buy Brinker International (EAT) Stock?
Zacks Investment Research· 2024-01-25 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, in ...
Brinker International(EAT) - 2024 Q1 - Earnings Call Presentation
2023-11-01 21:37
Brinker chs Q1 F24 SAFE HARBOR STATEMENT During these presentations, and in response to your questions, certain items may be discussed which are not based entirely on historical facts. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update such statements to reflect events or circumstances ari ...
Brinker International(EAT) - 2024 Q1 - Earnings Call Transcript
2023-11-01 18:21
No. I mean, maybe just a tad. The bigger – there's two big, not big challenges, but the two challenges that we saw in MaggianoÂ's this quarter, one was we removed IJW out of its business, too, which was about 40% of what you saw in the numbers versus, I think, what the street was expecting on traffic. And then the Delta was we reduced the focus of the $6 Pasta To Go, itÂ's try to focus more on the experience. And thatÂ's had a little bit of an impact on the business that I know the team is working on right ...
Brinker International(EAT) - 2024 Q1 - Quarterly Report
2023-10-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 27, 2023 Commission File Number 1-10275 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) DE 75-1914582 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3000 Olympus Blvd 75019 DallasTX (Address of principal executive ...