Financial Performance - For the quarter ended December 2024, Brinker International reported revenue of $1.36 billion, reflecting a year-over-year increase of 26.5% [1] - Earnings per share (EPS) for the quarter was $2.80, significantly up from $0.99 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.24 billion by 9.32%, while the EPS surpassed the consensus estimate of $1.80 by 55.56% [1] Key Metrics - Comparable store sales for Chili's increased by 31.4%, outperforming the nine-analyst average estimate of 19.1% [4] - Total company-owned restaurants stood at 1,164, slightly below the eight-analyst average estimate of 1,170 [4] - Franchise restaurants totaled 460, in line with the average estimate of 457 [4] Revenue Breakdown - Total revenue from company restaurant sales was $1.35 billion, exceeding the nine-analyst average estimate of $1.23 billion, marking a year-over-year change of 26.6% [4] - Revenue from Chili's company sales reached $1.20 billion, surpassing the four-analyst average estimate of $1.06 billion, with a year-over-year increase of 30.5% [4] - Revenue from Maggiano's company sales was $149.20 million, slightly below the estimated $150.41 million, but still reflecting a 1.6% year-over-year increase [4] Franchise Revenue - Franchise revenues for Chili's amounted to $11.90 million, exceeding the average estimate of $11.47 million, representing a year-over-year change of 15.5% [4] - Total revenue for Chili's was reported at $1.21 billion, compared to the average estimate of $1.05 billion, indicating a year-over-year increase of 30.4% [4] - Franchise revenues for Maggiano's reached $0.20 million, surpassing the average estimate of $0.15 million, showing a remarkable year-over-year change of 100% [4] Stock Performance - Shares of Brinker International have returned 16.9% over the past month, significantly outperforming the Zacks S&P 500 composite's 1.7% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]
Compared to Estimates, Brinker International (EAT) Q2 Earnings: A Look at Key Metrics