Financial Performance - Company sales for Q3 fiscal 2025 were $1,413.0 million, a 27.4% increase from $1,108.9 million in Q3 fiscal 2024[2] - Operating income for Q3 fiscal 2025 was $156.9 million, compared to $69.9 million in Q3 fiscal 2024, representing a 125.1% increase[3] - Net income for Q3 fiscal 2025 was $119.1 million, up from $48.7 million in Q3 fiscal 2024, a 144.5% increase[3] - Adjusted EBITDA (non-GAAP) for Q3 fiscal 2025 was $220.6 million, compared to $122.4 million in Q3 fiscal 2024, an increase of 80.0%[3] - Total revenues reached $1,425.1 million for the thirteen weeks ended March 26, 2025, compared to $1,120.3 million in the prior year, reflecting a 27.1% increase[21] - Basic net income per share rose to $2.68 for the thirteen weeks ended March 26, 2025, compared to $1.10 for the same period in 2024, representing a 143.6% increase[21] - Year-to-date net income reached $276.1 million in Q3 25, compared to $98.0 million in Q3 24, representing a 182.7% increase[37] Restaurant Performance - Comparable restaurant sales increased by 28.2%, with Chili's up 31.6% and Maggiano's up 0.4%[4] - Comparable restaurant sales for company-owned restaurants increased by 28.2% for Q3 2025 compared to Q3 2024, driven by a 17.7% increase in traffic[29] - Q3 25 GAAP operating income for Chili's was $197.7 million, up from $97.2 million in Q3 24, representing a 103.1% increase[33] - Non-GAAP restaurant operating margin for Brinker was $266.8 million in Q3 25, compared to $157.1 million in Q3 24, reflecting a 69.8% increase[33] - Restaurant operating margin as a percentage of company sales for Q3 25 was 19.4%, up from 14.1% in Q3 24[33] Guidance and Projections - Full year fiscal 2025 revenue guidance is projected to be between $5.33 billion and $5.35 billion[9] - Net income per diluted share, excluding special items, is expected to be in the range of $8.50 to $8.75 for fiscal 2025[9] - Capital expenditures for fiscal 2025 are anticipated to be between $265.0 million and $275.0 million[9] - The company plans to open 35-38 new restaurants in fiscal year 2025, with 29 openings projected for the third quarter[28] Costs and Expenses - Total operating costs and expenses for the thirteen weeks ended March 26, 2025, were $1,268.2 million, up from $1,050.4 million in the prior year, marking a 20.8% increase[21] - Interest expenses decreased to $13.2 million in Q3 25 from $16.2 million in Q3 24, showing an 18.5% reduction[37] - Depreciation and amortization for Q3 25 was $54.7 million, up from $42.6 million in Q3 24, indicating a 28.5% increase[37] Cash Flow and Assets - Cash flows from operating activities for the thirty-nine weeks ended March 26, 2025, were $493.0 million, compared to $280.4 million for the same period in 2024, indicating a 75.8% increase[26] - The company reported total assets of $2,571.9 million as of March 26, 2025, slightly down from $2,593.1 million as of June 26, 2024[24] - Long-term debt and finance leases decreased to $518.3 million as of March 26, 2025, from $786.3 million as of June 26, 2024, reflecting a reduction of 34.1%[24] Operating Efficiency - The company emphasizes that restaurant operating margin is a useful metric for evaluating restaurant-level operating efficiency, despite being a non-GAAP measure[34]

Core Insights - Brinker International reported strong financial results for the third quarter of fiscal 2025, with a significant increase in sales and operating income, indicating a successful turnaround strategy for its Chili's brand [2][3][10] Financial Performance - Company sales reached $1,413.0 million in Q3 2025, up from $1,108.9 million in Q3 2024, marking a $304.1 million increase [3][18] - Total revenues for the quarter were $1,425.1 million, compared to $1,120.3 million in the previous year, reflecting a $304.8 million increase [3][18] - Operating income rose to $156.9 million, up from $69.9 million, resulting in an operating income margin of 11.0%, compared to 6.2% in the prior year [3][18] - Net income for the quarter was $119.1 million, compared to $48.7 million in Q3 2024, with diluted net income per share increasing to $2.56 from $1.08 [3][18][28] Comparable Restaurant Sales - Comparable restaurant sales increased by 28.2% overall, with Chili's seeing a 31.6% increase and Maggiano's a modest 0.4% increase [4][24] - The growth in Chili's sales was primarily driven by a 21% increase in traffic and effective advertising strategies [2][4] Segment Performance - Chili's company sales were $1,292.2 million in Q3 2025, up from $988.4 million in Q3 2024, while Maggiano's sales were relatively stable at $120.8 million [8][10] - Chili's operating income margin improved to 15.2% from 9.7%, while Maggiano's decreased slightly to 8.8% from 10.2% [8][10] Guidance and Future Outlook - The company updated its full-year fiscal 2025 guidance, projecting total revenues between $5.33 billion and $5.35 billion, with net income per diluted share expected to be in the range of $8.50 to $8.75 [5][7] - Capital expenditures are anticipated to be between $265.0 million and $275.0 million for the fiscal year [7] Operational Improvements - The company has made operational improvements that contributed to higher sales and repeat visits, alongside a focus on great food and service [2][10] - General and administrative expenses increased due to higher incentive compensation and technology initiatives [2][3]

Core Concept - Chili's Grill & Bar introduces the Radical 'Rita, a new margarita inspired by 90's nostalgia, available for $6 at participating locations throughout May [1][4][5] Product Details - The Radical 'Rita is crafted with Lunazul® Blanco Tequila, Monin® Dragonfruit, Blue Curaçao, House-Made Sour, and garnished with a lime wedge and 90's-inspired swizzle sticks [5][7] - The drink changes color from pink and blue to vibrant purple when mixed with the swizzle stick [3][5] Marketing Campaign - Tiffani Thiessen, a notable figure from the 90's, features in a promotional video demonstrating the drink's color-changing feature [6][9] - The campaign aims to evoke 90's nostalgia and will be showcased on platforms like Peacock and streaming apps [9][10] Sales Strategy - The Radical 'Rita is part of Chili's Margarita of the Month program, which has been running since 2018, offering a rotating selection of margaritas at a low price [7][9] - In 2024, Chili's sold over 25 million margaritas, indicating strong demand for their affordable margarita offerings [7] Company Background - Chili's is a leader in the casual dining industry and is known for its diverse menu, including burgers, fajitas, and margaritas [11] - The company operates nearly 1,600 restaurants across 29 countries and has raised over $110 million for St. Jude Children's Research Hospital through guest donations [11]

Core Viewpoint - Brinker International, Inc. is expected to report strong earnings for the third quarter of fiscal 2025, with significant year-over-year growth in both earnings per share and revenue, driven by various operational improvements and strategic initiatives [1][2][6]. Earnings Estimates - The Zacks Consensus Estimate for Brinker's Q3 fiscal 2025 earnings per share is $2.48, reflecting a 100% increase year-over-year [2] - Revenue is estimated at $1.36 billion, indicating a 21.7% rise from the same quarter last year [2] - The consensus estimate has seen a 1% upward revision in the past 30 days [2] Earnings Surprise History - Brinker has beaten the consensus estimate in three of the last four quarters, with an average surprise of 24.7% [3][4] Earnings Whispers - The company has a positive Earnings ESP of +0.27%, which, combined with a Zacks Rank of 3 (Hold), suggests a favorable outlook for an earnings beat [5] Factors Influencing Performance - Increased customer traffic due to sales-building initiatives, menu streamlining, and enhanced food presentation are expected to positively impact performance [6] - Digitalization efforts and targeted advertising campaigns are anticipated to contribute to revenue growth, with a predicted 23% year-over-year increase in comparable sales [7] Revenue Growth Projections - Chili's revenues are projected to grow 21.7% year-over-year to $1.21 billion, while Maggiano's revenues are expected to rise 3.8% to $125.3 million [8] Cost Considerations - Total restaurant costs are predicted to increase by 15.4% year-over-year, influenced by rising labor costs and inflationary pressures [9] Stock Performance - Brinker shares have increased by 222.1% over the past year, significantly outperforming the industry average of 0.4% [10] - Despite this growth, the stock is trading at a forward P/E ratio of 17.25X, which is lower than the industry average [13] Investment Sentiment - The stock's rally reflects strong earnings momentum and successful brand initiatives, although challenges related to consumer spending and inflation remain [15] - Current investors may benefit from holding the stock for long-term gains, while new investors are advised to wait for clearer signals post-earnings [16]

Analysts expect 'Franchise and other revenues' to come in at $12.26 million. The estimate suggests a change of +7.5% year over year. Wall Street analysts expect Brinker International (EAT) to post quarterly earnings of $2.48 per share in its upcoming report, which indicates a year-over-year increase of 100%. Revenues are expected to be $1.36 billion, up 21.7% from the year-ago quarter. The current level reflects a downward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. ...

DALLAS, April 16, 2025 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Tuesday, April 29, 2025, to review third quarter fiscal 2025 earnings, which will be announced before the market opens on April 29, 2025. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website. A replay of the conference call will be available on the website for two weeks after th ...

Core Insights - Chili's has launched a promotional campaign called Fast Food Financing to address high fast food prices, offering gift cards to eligible guests who participate in a pop-up experience in New York City [1][4] - The new Big QP burger, part of the 3 For Me menu, is designed to provide better value than fast food options, featuring more beef and familiar flavors at a competitive price of $10.99 [2][3] Company Overview - Chili's is a leading brand in the casual dining industry, operated by Brinker International, Inc., known for its diverse menu including Big Mouth Burgers and Chicken Crispers, with nearly 1,600 locations across 29 countries [5] - The company emphasizes a celebratory dining experience and engages in community support initiatives, having raised over $110 million for St. Jude Children's Research Hospital [5] Product Offerings - The Big QP burger includes two slices of American cheese and 85% more beef than a Quarter Pounder, available as part of the 3 For Me menu which also includes bottomless chips and salsa, and an unlimited drink [2][6] - The Big QP joins the Big Smasher on the 3 For Me menu, which features twice the beef of a Big Mac, reinforcing Chili's commitment to providing value [3][7] Promotional Campaign - Fast Food Financing is a promotional initiative that does not involve actual loans or financial services, with gift cards available while supplies last for participants aged 18 and over [6] - The campaign aims to engage customers through social media giveaways and in-person experiences, enhancing brand visibility and customer interaction [4][6]

David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...

Brinker International (EAT) shares soared 10.1% in the last trading session to close at $146.29. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.3% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs across most countries for 90 days, the company’s shares soared, reflecting renewed investor optimism.This operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy is e ...

Brinker International, Inc. (NYSE: EAT ) is expected to continue its Chili’s traffic turnaround in the upcoming Q3 report, seeming fair based on management’s remarks and continued interest in the brand. At the same time, the current economic worries may cause spendingI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced s ...