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Brinker International(EAT) - 2025 Q1 - Quarterly Results
2024-10-30 12:04
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 ...
BRINKER INTERNATIONAL REPORTS FIRST QUARTER OF FISCAL 2025 RESULTS AND UPDATES FISCAL 2025 GUIDANCE
Prnewswire· 2024-10-30 10:15
DALLAS, Oct. 30, 2024 /PRNewswire/ -- 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 to our guests & team members and delivering on the critical things important to them." Company sales wer ...
Brinker Stock Hits Record High on Pre-Earnings Bull Note
Schaeffers Investment Research· 2024-10-25 15:21
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 ...
Brinker International (EAT) Is Up 10.76% in One Week: What You Should Know
ZACKS· 2024-10-22 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Brinker International (EAT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-17 23:05
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 ...
Brinker International: The Thesis For Maggiano's Is The Icing On The Cake
Seeking Alpha· 2024-10-14 13:34
Brinker International (NYSE: EAT ) has been operating with just two brands in its portfolio for some time now, but that wasn't the case a while ago. In addition to the iconic I'm an Equity Analyst and Accountant 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 ...
Brinker International (EAT) Laps the Stock Market: Here's Why
ZACKS· 2024-09-30 23:06
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 ...
Brinker International: 'The Year Of Traffic' For Chili's
Seeking Alpha· 2024-09-19 18:14
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® Fires at Fast Food Again with Irresistible 3 For Lunch Combos
Prnewswire· 2024-09-17 13:10
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 ...
Here's why Americans are going back to Chili's
CNBC· 2024-09-14 12:00
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 ...