Core Insights - Brinker International reported strong financial results for the second quarter of fiscal 2025, with company sales reaching $1,346.1 million, a 26.5% increase from $1,063.7 million in the same quarter of fiscal 2024 [2][3] - Comparable restaurant sales increased by 27.4%, with Chili's showing a significant growth of 31.4%, driven by increased traffic and operational improvements [2][4] - The company’s operating income margin improved to 11.5%, up from 5.8% in the previous year, indicating enhanced operational efficiency [3][8] Financial Performance - Total revenues for the second quarter were $1,358.2 million, compared to $1,074.1 million in the prior year, marking a variance of $284.1 million [3] - Net income for the quarter was $118.5 million, a substantial increase from $42.1 million in the same quarter last year, resulting in a net income per diluted share of $2.61 [3][29] - Adjusted EBITDA for the quarter was $215.8 million, up from $107.0 million in the previous year, reflecting strong operational performance [3][35] Segment Performance - Chili's company sales increased to $1,196.9 million from $916.9 million, while Maggiano's sales rose slightly to $149.2 million from $146.8 million [8] - Chili's operating income was $175.1 million, with an operating income margin of 14.5%, compared to 7.6% in the prior year [8][32] - Maggiano's operating income remained stable at $28.2 million, with a slight decrease in operating income margin to 18.9% [8][32] Guidance and Outlook - The company updated its full-year fiscal 2025 guidance, projecting total revenues between $5.15 billion and $5.25 billion, with net income per diluted share expected to be in the range of $7.50 to $8.00 [5][6] - Capital expenditures are anticipated to be between $240 million and $260 million for the fiscal year [6] Comparable Restaurant Sales - Comparable restaurant sales for Brinker increased by 27.4%, with Chili's at 31.4% and Maggiano's at 1.8% [4][25] - The increase in comparable sales was attributed to higher traffic, favorable menu item mix, and menu pricing strategies [13][25] Operational Efficiency - The company reported a decrease in restaurant expenses as a percentage of company sales, indicating improved cost management [13][32] - General and administrative expenses increased due to higher incentive compensation and technology initiatives [2][3]

Core Viewpoint - Brinker International, Inc. is expected to report strong fiscal second-quarter results, driven by effective marketing strategies, menu innovations, and operational improvements, despite facing inflationary pressures and rising input costs [20][21]. Financial Performance - In the first quarter of fiscal 2025, Brinker reported earnings per share (EPS) of $1.37, exceeding the Zacks Consensus Estimate by 37.7%, with revenues surpassing estimates by 4.1% [2]. - The Zacks Consensus Estimate for the fiscal second quarter EPS is $1.69, reflecting a 70.7% increase from the previous year, with revenues expected to reach approximately $1.24 billion, a 15.1% year-over-year increase [5]. Earnings Surprise History - Brinker has a strong track record of exceeding earnings expectations, surpassing the consensus in three of the last four quarters, with an average surprise of 12.1% [3]. Factors Influencing Q2 Performance - The anticipated revenue growth is attributed to effective marketing strategies, improved menu pricing, and a favorable mix of menu items, particularly at Chili's and Maggiano's [8][10]. - Digitalization initiatives and social media campaigns targeting younger demographics are expected to enhance customer experience and drive sales growth [9]. Operational Enhancements - The company is focusing on operational efficiency, menu innovation, and strategic pricing initiatives to improve margins and adapt to changing consumer preferences [11][18]. - The introduction of popular menu items like the Triple Dipper has significantly boosted sales, particularly among younger customers [17]. Stock Performance and Valuation - Brinker shares have increased by 56.5% over the past three months, outperforming the Zacks Retail – Restaurants industry, which saw a decline of 1.9% [13][14]. - The company is currently trading at a forward price-to-earnings ratio of 23X, below the industry average of 25.59X, indicating a potential investment opportunity [16]. Long-term Strategy - Brinker's long-term strategy emphasizes operational efficiency, guest engagement, and innovation, positioning the company for sustained growth in the competitive restaurant industry [19].

Brinker International, Inc. (EAT) is scheduled to report second-quarter fiscal 2025 results on Jan. 29, 2025, before the opening bell.In the last reported quarter, adjusted earnings and revenues topped the Zacks Consensus Estimate by 37.7% and 4.1%, respectively. On a year-over-year basis, both metrics increased 239.3% and 12.5%, respectively.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarter ...

Brinker International (EAT) closed at $154.52 in the latest trading session, marking a +1.25% move from the prior day. This move outpaced the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.93%, and the Nasdaq, a tech-heavy index, added 0.22%.Heading into today, shares of the operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy had gained 11.24% over the past month, outpacing the Retail-Wholesale sector's gain of 2.71% and the S&P 500's gain of 2.69% in that time.Market p ...

Shares of Brinker International, Inc. (EAT) have skyrocketed 289.7% in the past year, outperforming the broader market and industry peers. In the trailing 12 months, the Zacks Retail - Restaurants industry has gained 4.3%, while the Zacks Retail-Wholesale sector and the S&P 500 have returned 32.6% and 25.3%, respectively.The company's focus on strategic menu innovation, customer-centric promotions and operational efficiency improvements has been instrumental in driving this momentum. Additionally, favorable ...

Brinker International (EAT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numbers are b ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.From what I see today, Brinker International (NYSE: EAT ) seems to be a nice growth-at-a-reasonable-price pick in the Consumer Discretionary sector. In the past quarter, we can see their same-store sales started to accelerateHe leads the investing gr ...

In the latest market close, Brinker International (EAT) reached $144.12, with a +0.4% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1%. At the same time, the Dow added 0.78%, and the tech-heavy Nasdaq gained 1.51%.Shares of the operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy have appreciated by 9.3% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 3.58% and the S&P 500's loss of 2.14% ...

Brinker International, Inc. (EAT) shares hit a fresh 52-week high of $144.10 yesterday, before retracing slightly to close the session at $143.19.Shares of Brinker have gained approximately 57.6% in the past three months, significantly outperforming the Zacks Retail - Restaurants industry’s fall of 5.6%. The company's focus on strategic menu innovation, customer-centric promotions and operational efficiency improvements has been instrumental in driving this momentum. Additionally, favorable consumer trends ...

DALLAS, Jan. 13, 2025 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Wednesday, January 29, 2025, to review second quarter fiscal 2025 earnings, which will be announced before the market opens on January 29, 2025. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website at https://investors.brinker.com/events/event-details/q2-2025-brinker-internationa ...