Here's Why Brinker International Stock Sank Today

The numbers were good but still didn't hit expectations on Wall Street. Shares of restaurant company Brinker International (EAT -10.81%) -- parent of Chili's and Maggiano's Little Italy -- sank on Wednesday after it reported financial results for its fiscal fourth quarter of 2024. As of noon ET today, Brinker stock was down about 13%. Down on good results Brinker's fourth quarter ended in late June, and traffic to its restaurants during that period was surprisingly strong. A near 6% year-over-year jump coup ...