Brinker International(EAT)
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New Strong Buy Stocks for August 16th
ZACKS· 2024-08-16 11:05
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The First of Long Island Corporation (FLIC) : This holding company for The First National Bank of Long Island has seen the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days. First Financial Bancorp. (FFBC) : This bank holding company for First Financial Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days. SharkNinja, Inc. (SN) : This p ...
Best Growth Stocks to Buy for August 16th
ZACKS· 2024-08-16 09:01
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th: Norwegian Cruise Line Holdings Ltd. (NCLH) : This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days. Norwegian Cruise Line has a PEG ratio of 0.20 compared with 1.77 for the industry. The company possesses a Growth Score of A. Brinker International, Inc. (EAT) : This franchisor of casual d ...
Best Value Stocks to Buy for August 16th
ZACKS· 2024-08-16 08:50
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 16th: Brinker International, Inc. (EAT) : This franchisor of casual dining restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days. Brinker has a price-to-earnings ratio (P/E) of 13.28, compared with 41.90 for the industry. The company possesses a Value Score of A. Alpine Income Property Trust, Inc. (PINE) ...
TikTok and fast-food rivalry fuel Chili's sales as parent Brinker says turnaround is taking hold
CNBC· 2024-08-15 17:04
An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of parent company Brinker International, told CNBC that the chain's strong performance is just a sign that customers are finally catching onto the chain's two-year turnaround. Shares of Brinker have climbed 53% this year, bringing its market value up to $2.93 billion. However, the stock closed 10.7% lower Wednesday after the company disappointe ...
Inflation Cools in July: 4 Sector ETFs & Stocks to Thrive
ZACKS· 2024-08-15 13:00
The annual inflation rate in the United States slowed for a fourth successive month to 2.9% in July 2024, the lowest since March 2021, compared to 3% in June and below forecasts of 3%. Inflation eased for shelter (5.1% vs 5.2%), transportation (8.8% vs 9.4%) and apparel (0.2 vs 0.8%). Also, prices continued to decline for new vehicles (-1% vs -0.9%) and used cars and trucks (-10.9% vs -10.1%) and food inflation steadied at 2.2%. Despite this cooling, below we highlight a few sector ETFs and stocks that may ...
Brinker International: Sales Growth May Prove Transitory As Consumer Restaurant Spending Slows
Seeking Alpha· 2024-08-15 05:55
| --- | --- | --- | |-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | # | 1 | F = 8 F I H sanfel One of the more exciting sectors to track since 2020 has been the full-service dining and fast-casual restaurant chains. In-person dining collapsed in 2020, leading to widespread failure of many restaurants and significant financial stress for ...
Brinker International Inc(EAT.US)Initial Thoughts on F4Q Results
UBS· 2024-08-15 02:59
Global Research and Evidence Lab 14 August 2024 First Read Brinker International Inc Initial Thoughts on F4Q Results Strong F4Q sales beat, but disappointing flow-through; FY25 guidance mixed F4Q results included an adj EBITDA miss ($141.8MM vs Cons. $144.7MM), reflecting restaurant margin downside (15.2% vs. Cons. 15.5%) and higher stock-based compensation despite better than expected revenues ($1.21 BN vs Cons. $1.16 BN). Restaurant expenses were higher than expected (27.1% vs Cons. 26.7%) and G&A above C ...
Brinker International(EAT) - 2024 Q4 - Earnings Call Transcript
2024-08-15 01:10
Brinker International, Inc. (NYSE:EAT) Q4 2024 Earnings Conference Call August 14, 2024 10:00 AM ET Company Participants Kim Sanders - VP of IR Kevin Hochman - President and CEO Mika Ware - CFO Conference Call Participants Chris O'Cull - Stifel Dennis Geiger - UBS Jeffrey Bernstein - Barclays David Palmer - Evercore ISI Andrew Strelzik - BMO Jeff Farmer - Gordon Haskett Brian Vaccaro - Raymond James John Ivankoe - JPMorgan Eric Gonzalez - KeyBanc Brian Mullan - Piper Sandler Operator Good day and welcome to ...
Time to Buy the Selloff in Brinker International's (EAT) Stock After Earnings?
ZACKS· 2024-08-14 20:31
Brinker International (EAT) shares were down over -14% this morning after posting mixed results for its fiscal fourth quarter. Still, Brinker's stock is sitting on +60% gains this year as the operator of Chili's Bar & Grill and Maggiano's Little Italy. Considering its stellar year-to-date performance, investors may be wondering if the post-earnings dip is a buying opportunity. To that point, Brinker has vastly outperformed the broader indexes and the Zacks RetailRestaurants Market including two of its top i ...
Brinker International (EAT) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-08-14 17:47
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...