Financial Performance - Brinker International reported a 13 5% year-over-year increase in same-store sales for Q4 2024, driven by a 6% jump in restaurant traffic and price increases [2] - Full-year revenue reached $4 4 billion, up nearly 7% from fiscal 2023 [2] - Adjusted diluted EPS for the full year was $4 10, below analyst expectations, and management forecasts a maximum of $4 75 for fiscal 2025, also below expectations [3] Stock Performance - Brinker's stock dropped approximately 13% following the earnings report, despite strong financial metrics [1] - Prior to the Q4 report, the stock had risen roughly 60% year-to-date, significantly outperforming the S&P 500 [4] - The stock currently trades at about 13 times its forward adjusted profit expectations, which is considered reasonable [5] Business Outlook - Brinker is viewed as a modestly growing, mature business, making its recent stock gains somewhat unexpected [4] - The company's ability to sustain higher revenue through increased menu prices, as seen in fiscal 2024, may not be sustainable in the long term [5] - Continued strong restaurant traffic could provide upside potential for the stock in future quarters and years [5]

Brinker International Today EAT Brinker International $61.50 -8.90 (-12.64%) 52-Week Range $28.23 ▼ $76.02 P/E Ratio 18.25 Price Target $57.34 Add to Watchlist Brinker International's NYSE: EAT stock price fell 15% following its Q4 release, which presented an appetizing dip for investors to snack on. Weaker-than-expected earnings and softer-than-expected guidance caused the dip, but that is the worst news to be found. The remaining details prove the company's strategy is working. Brinker International is gr ...

Key Takeaways Brinker International shares sank in intraday trading Wednesday after it missed fourth-quarter earnings estimates and its full-year guidance fell short as expenses rose. The parent of Chili's and Maggiano's reported operating costs and expenses were up 11.7% year-overyear. Brinker posted better-than-expected revenue and same-store sales. Brinker International (EAT) shares sank in intraday trading Wednesday after rising costs took a bite out of the the restaurant chain operator's profit and ear ...

Brinker International, Inc. (EAT) reported mixed fourth-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same. However, the top and the bottom lines increased on a year-over-year basis. Following the mixed results, the stock declined 12% in the pre-market trading session on Aug 14. Earnings & Revenue Discussion In the quarter under review, Brinker reported adjusted earnings per share (EPS) of $1.61, missing the Zacks Consensus Estimate of $1.65. The co ...

Brinker International (EAT) reported $1.21 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 12.3%. EPS of $1.61 for the same period compares to $1.39 a year ago. The reported revenue represents a surprise of +4.33% over the Zacks Consensus Estimate of $1.16 billion. With the consensus EPS estimate being $1.65, the EPS surprise was -2.42%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

Brinker International (EAT) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.42%. A quarter ago, it was expected that this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy would post earnings of $1.15 per share when it actually produced earnings of $1.2 ...

Exhibit 99.1 BRINKER INTERNATIONAL REPORTS FOURTH QUARTER OF FISCAL 2024 RESULTS AND PROVIDES FISCAL 2025 GUIDANCE DALLAS (August 14, 2024) – Brinker International, Inc. (NYSE: EAT) today announced financial results for the fourth quarter ended June 26, 2024, and provided financial guidance for fiscal 2025. Fourth Quarter Fiscal 2024 Financial Highlights Company sales were $1,196.5 million in the fourth quarter of fiscal 2024 compared to $1,064.8 million in the fourth quarter of fiscal 2023. Comparable rest ...

DALLAS, Aug. 14, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced financial results for the fourth quarter ended June 26, 2024, and provided financial guidance for fiscal 2025. Fourth Quarter Fiscal 2024 Financial Highlights Company sales were $1,196.5 million in the fourth quarter of fiscal 2024 compared to $1,064.8 million in the fourth quarter of fiscal 2023. Comparable restaurant sales increased 13.5%, with an increase in comparable restaurant sales of 14.8% for Chili's and 2 ...

Among the Zacks Rank #1 (Strong Buy) list, Brinker International (EAT) and Texas Roadhouse (TXRH) are two stocks that stand out in terms of growth. Seeing increased traffic, these retail restaurant stocks should fulfill investors' appetites with their expansion. To that point, Brinker International's stock has soared +62% this year with Texas Roadhouse shares up nearly +40%. Image Source: Zacks Investment Research Higher Traffic at Chile's is Driving Brinker International's Growth Brinker International's mo ...

Wall Street analysts forecast that Brinker International (EAT) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year increase of 18.7%. It is anticipated that revenues will amount to $1.16 billion, exhibiting an increase of 7.7% compared to the year-ago quarter. Over the last 30 days, there has been an upward revision of 6.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsid ...