Shares of Brinker International, Inc. (EAT) have soared 54.6% over the past year against the industry's 4.3% decline. The company's impressive performance can be attributed to its expansion efforts, menu adjustments, digitalization and remodeling initiatives. Recently, EAT reported solid third-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. During the quarter, its performance was backed by sustained a ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), whic ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Italian restaurant curates seasonal offerings alongside dine-in and carryout meals to treat Mom DALLAS, May 6, 2024 /PRNewswire/ -- Just in time for one of its busiest days of the year, Maggiano's Little Italy® is introducing May's new seasonal features and celebrating Moms across the country with Mother's Day chef-curated menus for dine-in and carryout. As a restaurant focused on bringing loved ones together, Maggiano's is the perfect choice to treat Mom to a special meal. Maggiano's Litte Italy May Fea ...

Key PointsBrinker International operates over 1,600 Chili’s Grill and Bar and Maggiano’s Little Italy restaurants.Brinker sponsored NASCAR driver Corey LaJoi’s car during the Daytona 500 with every general manager’s name on the hood.Brinker beats fiscal Q3 2024 EPS by 9 cents and raised full-year 2024 EPS forecasts for $3.80 to $4.00, beating $3.69 consensus estimates.5 stocks we like better than Brinker InternationalShares of restaurant operator Brinker International Inc. NYSE: EAT surged to 52-week highs ...

Brinker International (EAT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy is driving estimates higher, which should get reflected in its stock price. After all, empirical research ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

Brinker International, Inc. (EAT) reported stellar third-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. During the quarter, the company’s performance was backed by sustained advancements in enhancing the guest experience, effective marketing strategies and traffic-driving initiatives. Following the results, the stock moved up 7.9% during trading hours on Apr 30.Earnings & Revenue DiscussionIn the ...

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 27, 2024 Commission File Number 1-10275 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) DE 75-1914582 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 3000 Olympus Blvd Dallas TX 75019 (Address of principal executive of ...

Brinker International, Inc. (NYSE:EAT) Q3 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Mika Ware - VP, Finance, IR & Restaurant Development Kevin Hochman - President, CEO & Director Joseph Taylor - EVP & CFO Conference Call Participants Christopher O'Cull - Stifel, Nicolaus & Company Jeffrey Farmer - Gordon Haskett David Palmer - Evercore ISI Katherine Griffin - Bank of America Merrill Lynch Andrew Strelzik - BMO Capital Markets Karen Holthouse - Citigroup Brian Vaccaro - Ra ...