Brinker International(EAT)

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Chili's® Announces the Grand Opening of Chili's Scranton Branch
Prnewswire· 2025-03-26 13:00
Core Insights - Chili's is launching a new restaurant, the Scranton Branch, which aims to connect with fans through nostalgic elements and a unique menu item, the Awesome Blossom [1][3] - The restaurant features a distinct decor that includes a chalk art mural and vintage artwork, creating a time capsule experience for visitors [1][2] - The grand opening will include promotional activities, such as the introduction of the Scranton Marg, a special margarita priced at $5, available nationwide for one day [4][5] Group 1: Restaurant Launch - The Scranton Branch is designed to feel like a familiar home for fans, featuring nostalgic decor and a throwback menu item [1] - The restaurant's opening is supported by a marketing campaign featuring local celebrities to enhance community engagement [2] Group 2: Menu Highlights - The Awesome Blossom, a deep-fried onion appetizer, is making a comeback exclusively at the Scranton Branch after being removed from menus in 2008 [3] - The Scranton Marg, a special margarita, will be available for $5 on the grand opening day, with plans for wider availability at other Chili's locations [4][5] Group 3: Community Engagement - The launch includes merchandise such as t-shirts to celebrate the opening, available through social media giveaways and online [5] - Chili's emphasizes its commitment to community involvement and charitable efforts, having raised over $110 million for St. Jude Children's Research Hospital [7]
Best Growth Stocks to Buy for March 25th
ZACKS· 2025-03-25 11:15
Group 1: M-tron Industries, Inc. (MPTI) - M-tron Industries manufactures frequency and spectrum control products and has a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for M-tron's current year earnings has increased by 9.3% over the last 60 days [1] - M-tron has a PEG ratio of 0.49, significantly lower than the industry average of 1.21, and possesses a Growth Score of A [1] Group 2: Brinker International, Inc. (EAT) - Brinker International is a franchisor of casual dining restaurants and holds a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for Brinker's current year earnings has risen by 39.3% over the last 60 days [2] - Brinker has a PEG ratio of 0.46 compared to the industry average of 2.52, and it also has a Growth Score of A [2] Group 3: Pitney Bowes Inc. (PBI) - Pitney Bowes provides SaaS shipping solutions, mailing innovation, and financial services, and carries a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for Pitney Bowes' current year earnings has increased by 12% over the last 60 days [3] - Pitney Bowes has a PEG ratio of 0.52, lower than the industry average of 2.24, and possesses a Growth Score of A [3]
Brinker Stock Soars 90% in 6 Months: Time to Buy or Wait for a Dip?
ZACKS· 2025-03-24 20:01
Core Insights - Brinker International, Inc. (EAT) has experienced a significant stock increase of 90.4% over the past six months, outperforming the retail restaurant industry's slight decline of 0.1% and the S&P 500's 0.7% drop [1] - The company is leveraging increased menu pricing, effective marketing strategies, and traffic-driving initiatives to enhance growth [1] - EAT aims to balance value offerings with margin expansion and adaptability to changing consumer preferences [1] Stock Performance - Despite the recent rally, EAT's stock closed at $144.81, which is 33% below its 52-week high of $192.22 but significantly above its 52-week low of $43.37 [2] - EAT has outperformed competitors such as Wingstop Inc. (WING), Shake Shack Inc. (SHAK), and CAVA Group, Inc. (CAVA) [2] Strategic Initiatives - The company is focused on driving traffic and revenue growth through menu innovation, value-driven offerings, enhanced food presentation, targeted advertising, kitchen system upgrades, and improved service platforms [5] - Successful marketing campaigns, including the "Better Than Fast-Food" TV campaign and the "Triple Dipper" social media campaign, have led to a 31.4% increase in sales and a 19.9% rise in traffic year over year at Chili's [6] Growth and Expansion - Brinker is actively expanding its Chili's international footprint through new and existing franchise partnerships, with plans to open 9-11 domestic locations and 21-25 international outlets in fiscal 2025 [9] - The company is investing in a brand-wide reimaging program to enhance guest experience and drive traffic over the next three years [10] Earnings Projections - EAT's earnings are projected to reach $8.30 per share in fiscal 2025, representing a remarkable year-over-year increase of 102.4% [12] - Earnings are expected to continue growing, with a forecast of $9.35 per share in fiscal 2026, indicating a 12.6% increase [12] Valuation - EAT is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 15.98X, which is lower than the industry average, suggesting a discount [15] - This valuation presents an attractive entry point for investors, given the company's strong stock performance and growth potential [19] Investment Strategy - EAT's strategic initiatives, solid fundamentals, and focus on enhancing the guest experience position it as a compelling investment opportunity [17] - The company's commitment to balancing value with profitability ensures adaptability to shifting consumer preferences, while its improving earnings trajectory signals strong growth potential [18]
Brinker International (EAT) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-03-21 22:55
Company Overview - Brinker International (EAT) operates restaurant chains including Chili's Grill & Bar and Maggiano's Little Italy [2] - The company's stock closed at $144.81, reflecting a decrease of 0.42% from the previous day, underperforming the S&P 500 which gained 0.08% [1] Recent Performance - Over the last month, Brinker International's shares have decreased by 5.28%, which is better than the Retail-Wholesale sector's loss of 9.1% and the S&P 500's loss of 7.33% [2] - The Zacks Consensus Estimate projects earnings of $2.37 per share for the upcoming financial results, indicating a year-over-year growth of 91.13% [3] - Expected net sales for the same period are $1.36 billion, representing a 21.65% increase from the previous year [3] Full-Year Projections - For the full year, the Zacks Consensus Estimates forecast earnings of $8.15 per share and revenue of $5.24 billion, reflecting year-over-year changes of +98.78% and +18.65%, respectively [4] Analyst Sentiment - Recent changes in analyst estimates indicate a favorable outlook on Brinker International's business health and profitability [5] - The Zacks Rank system currently rates Brinker International as 1 (Strong Buy), which has historically outperformed with an average annual gain of +25% for 1 stocks since 1988 [7] Valuation Metrics - Brinker International has a Forward P/E ratio of 17.84, which is lower than the industry's average Forward P/E of 23.19 [8] - The company also has a PEG ratio of 0.47, significantly below the Retail-Restaurants industry's average PEG ratio of 2.12 [8] Industry Context - The Retail-Restaurants industry is part of the broader Retail-Wholesale sector and currently holds a Zacks Industry Rank of 140, placing it within the bottom 45% of over 250 industries [9]
Why Brinker International Is Still A Buy Even After Tripling In Last 12 Months
Seeking Alpha· 2025-03-18 15:15
Group 1 - Brinker International, based in Dallas, operates the casual dining restaurant brands Chili's and Maggiano's [1] - The company's stock has recently attracted attention from momentum investors, indicating potential interest in its market performance [1] Group 2 - The investment focus is on value-oriented opportunities, particularly in sectors such as chemicals, homebuilders, building materials, industrials, and metals & mining [1] - The investment strategy emphasizes acquiring stocks that are undervalued and have upcoming catalysts, with a typical investment horizon ranging from one quarter to two years [1]
Maggiano's Introduces New Selection of Italian-American Classics, Celebrating Curated, Gourmet Ingredients
Prnewswire· 2025-03-18 14:20
Core Insights - Maggiano's Little Italy is transforming its Italian-American cuisine with new menu items led by Chef Anthony Amoroso, featuring premium ingredients and innovative preparation techniques [1][3][4] Menu Innovations - The new menu includes five signature dishes, notably "The Grand" Chicken Parmesan, which features a hand-breaded chicken breast topped with fresh mozzarella, basil, and parmesan, served with Rigatoni Marinara [2][4] - Wagyu Beef Meatballs are made with a blend of 50% Wagyu beef from Snake River Farms and 50% high-quality ground beef, offering a rich flavor and tender texture [4] - Wagyu Beef Stuffed Shells are filled with Wagyu beef and ricotta, finished with a spicy tomato cream sauce and fresh basil [4] - The Lasagna is a 30-layer dish with creamy ricotta and house-made Bolognese sauce, providing a nostalgic yet exceptional flavor [4] - "The Finest" Fettuccine Alfredo features a smooth sauce infused with roasted garlic and imported Italian cheeses, including aged Pecorino Romano and Parmigiano [4] Quality and Experience - The introduction of aged Pecorino Romano and imported Italian cheeses across the menu enhances the quality of the dishes, aligning with the brand's mission to make high-end dining accessible [3][5] - Maggiano's aims to blend tradition with contemporary craftsmanship, creating bold flavors that offer a unique dining experience [4][5] Company Background - Maggiano's Little Italy specializes in Italian-American cuisine and operates 50 restaurants nationwide, offering a variety of dining options including lunch, dinner, and banquet services [6] - The company is owned by Brinker International, which operates over 1,600 restaurants globally, serving more than one million guests daily [6]
Brinker International (EAT) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-03-17 23:05
Core Viewpoint - Brinker International is expected to show significant growth in its upcoming earnings report, with a notable increase in both EPS and revenue compared to the previous year [2][3]. Company Performance - Brinker International's stock closed at $141.65, reflecting a +1.61% increase from the previous day, outperforming the S&P 500's gain of 0.64% [1]. - The company's stock has decreased by 11.99% over the past month, which is worse than the Retail-Wholesale sector's loss of 11.57% and the S&P 500's loss of 7.69% [1]. Earnings Estimates - The anticipated EPS for Brinker International is $2.37, representing a 91.13% increase year-over-year [2]. - Revenue is expected to reach $1.36 billion, marking a 21.65% increase from the same quarter last year [2]. - Full-year estimates project earnings of $8.15 per share and revenue of $5.24 billion, indicating year-over-year changes of +98.78% and +18.65%, respectively [3]. Analyst Projections - Recent shifts in analyst projections for Brinker International should be monitored, as upward revisions indicate positive sentiment regarding the company's business operations [4]. - The Zacks Rank system currently rates Brinker International as 1 (Strong Buy), reflecting favorable analyst estimates [6]. Valuation Metrics - Brinker International has a Forward P/E ratio of 17.1, which is lower than the industry's average Forward P/E of 22.82, suggesting a valuation discount [7]. - The company has a PEG ratio of 0.46, significantly below the Retail - Restaurants industry's average PEG ratio of 2.07 [8]. Industry Context - The Retail - Restaurants industry, part of the Retail-Wholesale sector, ranks in the top 50% of all industries according to the Zacks Industry Rank [9]. - The top 50% rated industries have historically outperformed the bottom half by a factor of 2 to 1 [9].
Best Growth Stocks to Buy for March 10th
ZACKS· 2025-03-10 11:21
Group 1: Company Highlights - Pitney Bowes Inc. (PBI) has a Zacks Rank 1 and a 12% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days, with a PEG ratio of 0.52 compared to the industry average of 2.21, and a Growth Score of A [1] - Brinker International, Inc. (EAT) also holds a Zacks Rank 1, with a significant 41% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days, a PEG ratio of 0.46 versus the industry average of 2.74, and a Growth Score of A [2] - The Greenbrier Companies, Inc. (GBX) maintains a Zacks Rank 1, with a 13.5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days, a PEG ratio of 0.80 compared to the industry average of 1.51, and a Growth Score of A [3]
Brinker Applying Chili's Success to Maggiano's
The Motley Fool· 2025-03-05 10:15
Brinker International (EAT -3.47%), parent company of Chili's and Maggiano's restaurant chains, held its second-quarter fiscal 2025 conference call on January 29, 2025. The company posted excellent performance with same-restaurant sales up 31% year over year at Chili's. Management attributed this success to operational improvements, strategic marketing, and an upgraded guest experience. Here are the three most important takeaways for long-term investors.Chili's Turnaround Has Taken Hold and Is SustainableCh ...
Brinker Stock Down 13% Post Q2 Earnings: A Buying Opportunity?
ZACKS· 2025-02-26 15:36
Brinker International, Inc. (EAT) shares have declined 13.2% since the company reported second-quarter fiscal 2025 results on Jan. 29. Despite surpassing both revenue and earnings expectations, the stock decline reflects investor concerns over shifting consumer spending habits and broader economic challenges. Additionally, heightened promotional activity and pricing pressures have impacted Brinker's perceived value proposition.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.However, i ...