Exhibit 99.1 BRINKER INTERNATIONAL REPORTS FIRST QUARTER OF FISCAL 2025 RESULTS AND UPDATES FISCAL 2025 GUIDANCE DALLAS (October 30, 2024) – Brinker International, Inc. (NYSE: EAT) today announced financial results for the first quarter ended September 25, 2024. First Quarter Fiscal 2025 Financial Highlights "Great food, with great service at industry leading value is driving strong Chili's sales and traffic," said President and CEO, Kevin Hochman, "Our continued success proves the importance of listening t ...

Core Insights - Brinker International, Inc. reported strong financial results for the first quarter of fiscal 2025, with total sales reaching $1,127.3 million, a 12.5% increase from $1,002.0 million in the same quarter of fiscal 2024 [2][3] - Comparable restaurant sales increased by 13.0%, driven by a 14.1% increase for Chili's and a 4.2% increase for Maggiano's, primarily due to menu pricing and higher traffic [2][4] - The company’s operating income margin improved to 5.0%, with restaurant operating margin (non-GAAP) increasing to 13.5% for the quarter [2][3] Financial Performance - Total revenues for Q1 fiscal 2025 were $1,139.0 million compared to $1,012.5 million in Q1 fiscal 2024, reflecting a variance of $126.5 million [3] - Operating income rose to $56.4 million from $24.2 million year-over-year, with net income increasing to $38.5 million from $7.2 million [3][20] - Adjusted EBITDA (non-GAAP) for the quarter was $111.6 million, up from $72.4 million in the prior year [3][34] Segment Performance - Chili's company sales increased to $1,018.9 million in Q1 fiscal 2025 from $897.8 million in Q1 fiscal 2024, while Maggiano's sales rose to $108.4 million from $104.2 million [9][11] - Franchise revenues for Chili's reached $225.7 million, up from $202.8 million in the previous year [11] - Company restaurant expenses as a percentage of sales decreased for both Chili's and Maggiano's, indicating improved operational efficiency [10][12] Guidance and Outlook - The company updated its full-year fiscal 2025 guidance, projecting total revenues between $4.70 billion and $4.75 billion, and net income per diluted share (excluding special items) in the range of $5.20 to $5.50 [6][7] - Capital expenditures are expected to be between $195 million and $215 million for the fiscal year [7] Comparable Restaurant Sales - Comparable restaurant sales for the company increased by 13.0%, with Chili's at 14.1% and Maggiano's at 4.2% [4][24] - The increase in comparable sales was attributed to menu pricing, higher traffic, and a favorable menu item mix [10][11] Restaurant Operations - The company continues to focus on enhancing guest experience through improved staffing and restaurant maintenance, which has led to increased labor and maintenance expenses [2][10] - The effective income tax rate for the first quarter was 9.0%, lower than the statutory rate due to the leverage of the FICA tip credit [13]

Wedbush lifted its price target on Brinker International Inc (NYSE:EAT) to $95 from $68 ahead of the company's fiscal first-quarter earnings report, which is due out before the open on Wednesday, Oct. 30. The shares of the Chili's and Maggiano's Little Italy parent were last seen up 2.1% to trade at $95.72.Today's pop pushed EAT to a record high of $96.28. The stock has been in rally mode amid competitor McDonald's (MCD) E. coli outbreak, with long-time support stemming from its 20-day moving average. So fa ...

Core Viewpoint - Brinker International (EAT) is identified as a promising momentum stock, currently holding a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [2]. Company Performance - EAT shares have increased by 10.76% over the past week, outperforming the Zacks Retail - Restaurants industry, which rose by 2.96% during the same period [3]. - Over the last month, EAT's stock price has risen by 20.37%, significantly higher than the industry's 2.79% [3]. - In the past quarter, EAT shares have surged by 42.78%, and over the last year, they have skyrocketed by 187.98%, while the S&P 500 has only increased by 6.67% and 40.39%, respectively [3]. Trading Volume - EAT's average 20-day trading volume is 1,072,725 shares, which serves as a bullish indicator when combined with rising stock prices [4]. Earnings Outlook - In the last two months, three earnings estimates for EAT have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $4.60 to $4.71 [5]. - For the next fiscal year, four estimates have also moved upwards without any downward revisions [5]. Conclusion - Given the positive momentum indicators and earnings outlook, EAT is positioned as a strong buy candidate for investors seeking short-term opportunities [5].

In the latest trading session, Brinker International (EAT) closed at $89.30, marking a -1.61% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%. The the stock of operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy has risen by 22.52% in the past month, leading the Retail-Wholesale sector's gain of 3.68% and the S&P 500's gain of 3.77%. Market participant ...

Core Insights - Brinker International (NYSE: EAT) has been operating with only two brands in its portfolio for a significant period, indicating a potential shift in its business strategy [1]. Company Overview - Brinker International is known for its iconic restaurant brands, which have been a staple in the casual dining sector [1]. - The company has a strong focus on analyzing restaurant stocks, covering various segments such as QSR, fast casual, casual dining, fine dining, and family dining [1]. Analytical Approach - The company employs advanced analytical models and specialized valuation techniques to provide detailed insights and informed strategies for investor clients [1]. - The main goal is to enhance understanding of the market, enabling clients to make more assertive and strategic investment decisions [1]. Commitment to Knowledge Sharing - Alongside its financial market activities, the company is committed to academic and journalistic production, contributing to institutes that promote individual and economic freedom [1]. - The company has previously engaged in topics such as Monetary Policy, Financial Education, and Financial Modeling, aiming to make these subjects accessible to a broader audience [1].

The most recent trading session ended with Brinker International (EAT) standing at $76.53, reflecting a +1.24% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.42%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.38%. The the stock of operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy has risen by 5.69% in the past month, lagging the Retail-Wholesale sector's gain of 6.34% an ...

It's no secret that Chili's has been making a name for itself in the casual dining segment. The recent ' 3 For Me ' value promotion was successful in both significantly increasing the I'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach cover ...

Chili's new 3 For Lunch Combos include elevated versions of America's top lunch favorites, like burgers, chicken tenders, chicken sandwiches, and fries. Guests can continue to enjoy Chili's 3 For Me favorites at lunch, like the Big Smasher Burger™ – with twice the beef of a Big Mac®* – or Chili's Chicken Crispers®, made with hand-breaded chicken breasts in original or sauced flavors, a departure from the sad, misshapen nuggets you'll find in the drive-thru. In addition to those familiar favorites, guests ca ...

Chili's efforts to win back American consumers are working. Same-store sales, a key metric for the restaurant industry, jumped 14.8% in its fiscal fourth quarter, a significant increase as many chains struggle to bring in diners. "Our marketing team has done a great job of getting back into what we call the zeitgeist or being relevant again," Kevin Hochman, CEO of Chili's parent Brinker International, told CNBC. A viral social media presence and a push toward value-oriented advertising have propelled sales ...