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Brinker Beats Q3 Earnings & Revenue Estimates, Ups FY25 Outlook
ZACKS· 2025-04-30 13:50
Brinker International, Inc. (EAT) reported third-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. Both top and bottom lines increased from the prior-year figures.The company's quarterly performance benefited from strong fundamentals, leading to better guest experience and steady business growth. The ongoing increase in traffic continues to drive the company’s performance.Despite reporting robust results, the company’s shares declined 14.8% yesterday. This decline ...
Brinker International(EAT) - 2025 Q3 - Earnings Call Presentation
2025-04-30 11:17
Q3 F25 April 29, 2025 SAFE HARBOR STATEMENT $898 $917 $988 $1,073 $1,019 $1,197 $1,292 Q1 Q2 Q3 Q4 Chili's Company Sales F24 F25 $104 $147 $121 $124 $108 $149 $121 Q1 Q2 Q3 Q4 Maggiano's Company Sales F24 F25 During these presentations, and in response to your questions, certain items may be discussed which are not based entirely on historical facts. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any forw ...
Brinker International(EAT) - 2025 Q3 - Quarterly Report
2025-04-29 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 26, 2025 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) | DE | | 75-1914582 | | --- | --- | --- | | (State or other jurisdiction of | | (I.R.S. Employer | | incorporation or organization) | | Identification No.) | | 3000 Olympus Blvd | | | | | | 75019 | | Dallas TX | | ...
Brinker International(EAT) - 2025 Q3 - Earnings Call Transcript
2025-04-29 19:01
Financial Data and Key Metrics Changes - For Q3 2025, Brinker reported total revenues of $1.425 billion with consolidated comp sales growth of 28.2% [19] - Adjusted diluted EPS for the quarter was $2.66, up from $1.24 in the previous year [20] - Restaurant operating margins improved to 18.9%, a 470 basis points increase year over year [21] Business Line Data and Key Metrics Changes - Chili's reported same restaurant sales growth of 31.6%, driven by a 20.9% increase in traffic, a 6.3% positive mix, and a 4.4% price increase [20] - Maggiano's reported comp sales growth of 0.4%, driven by a 7.3% price increase and a 1.3% positive mix, but offset by an 8.2% decline in traffic [21] Market Data and Key Metrics Changes - Chili's sales performance significantly outpaced the industry despite no new food or value news, indicating strong operational performance [6] - The company noted that consumer sentiment remains cautious, impacting overall restaurant traffic across the industry [18] Company Strategy and Development Direction - The company is focused on improving the fundamentals of food, service, and atmosphere to sustain growth and market share [31] - Chili's is launching new menu items and marketing campaigns to enhance brand value and customer experience, including the Big QP burger [10][11] - Maggiano's is following a similar turnaround strategy as Chili's, focusing on menu simplification and eliminating unprofitable discounting [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining positive same-store sales growth despite upcoming tougher comparisons [30] - The company is optimistic about its ability to maintain or grow restaurant-level margins through strategic investments and improved productivity [48] Other Important Information - Capital expenditures for the quarter were approximately $80 million, driven by investments in kitchen equipment and maintenance [25] - The company repaid $125 million in funded debt, leaving a remaining balance of $90 million on its revolver [25] Q&A Session Summary Question: Concerns about sustainability of same-store sales growth - Management acknowledged the challenges of maintaining growth but emphasized their focus on improving fundamentals to drive continued success [31] Question: Notable contributors to recent momentum - Management noted that traffic remains strong year over year, with no significant slowdown observed [38] Question: Clarification on traffic trends - Management confirmed that traffic trends in April were similar to Q3, indicating sustained momentum [42] Question: Impact of tariffs on cost of sales - Management indicated that over 80% of their supply chain is sourced domestically, minimizing tariff impacts [56] Question: Future menu upgrades - Management highlighted upcoming upgrades to the rib platform and nachos, aiming to enhance customer experience and drive sales [62] Question: Capacity improvements and constraints - Management is learning from high-performing restaurants to improve capacity and traffic handling across the system [120]
Why Brinker International Stock Was Tumbling Today
The Motley Fool· 2025-04-29 18:45
Shares of Chili's parent Brinker International (EAT -14.11%) were getting sent back to the kitchen today even as the fast-casual chain delivered another quarter of blistering growth.Despite the strong results, the numbers didn't seem to be quite good enough to keep up with the high expectations priced into the stock, especially at a time when investors are fearful that a trade war could cause a recession.As of 11:26 a.m. ET, the stock was down 14% on the news. Is the Chili's boom over?Brinker continued to p ...
Brinker International (EAT) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2025-04-29 12:55
Brinker International (EAT) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.26%. 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 $1.80 per share when it actually produced earnings of $2.80, ...
Brinker International(EAT) - 2025 Q3 - Quarterly Results
2025-04-29 12:07
Exhibit 99.1 https://file BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2025 RESULTS AND UPDATES FISCAL 2025 GUIDANCE Financial results for the third quarter of fiscal 2025 and fiscal 2024 were as follows: | | | | | Third Quarter | | | | --- | --- | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | Variance | | Company sales | $ | 1,413.0 | $ | 1,108.9 | $ | 304.1 | | Total revenues | $ | 1,425.1 | $ | 1,120.3 | $ | 304.8 | | Operating income | $ | 156.9 | $ | 69.9 | $ | 87.0 | | Operating incom ...
BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2025 RESULTS AND UPDATES FISCAL 2025 GUIDANCE
Prnewswire· 2025-04-29 10:45
DALLAS, April 29, 2025 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced its financial results for the third quarter ended March 26, 2025.Third Quarter Fiscal 2025 Financial Highlights"Chili's delivered another positive quarter in our turnaround with +31% same store sales driven by +21% traffic," said Kevin Hochman, President & CEO of Brinker International. "Our continued progress on the fundamentals of great food, great service in a fun, friendly atmosphere is clearly winning with gue ...
Brinker Stock Before Q3 Earnings: Buy Now or Wait for Results?
ZACKS· 2025-04-25 13:40
Brinker International, Inc. (EAT) is scheduled to release third-quarter fiscal 2025 results on April 29. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 55.6%.EAT’s Q3 Estimate RevisionsThe Zacks Consensus Estimate for Brinker’s third-quarter fiscal 2025 earnings per share is pegged at $2.48, suggesting a 100% year-over-year upsurge. The consensus mark has witnessed a upward revision of 1% in the past 30 days. (See the Zacks Earnings Calendar to stay ahead of m ...
Gear Up for Brinker International (EAT) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-04-24 14:20
Analysts expect 'Franchise and other revenues' to come in at $12.26 million. The estimate suggests a change of +7.5% year over year. Wall Street analysts expect Brinker International (EAT) to post quarterly earnings of $2.48 per share in its upcoming report, which indicates a year-over-year increase of 100%. Revenues are expected to be $1.36 billion, up 21.7% from the year-ago quarter. The current level reflects a downward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. ...