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 ...

For the quarter ended March 2024, Brinker International (EAT) reported revenue of $1.12 billion, up 3.4% over the same period last year. EPS came in at $1.24, compared to $1.23 in the year-ago quarter.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +7.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Brinker International (EAT) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.83%. 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 $0.94 per share when it actually produced earnings of $0.99, ...

Company sales were $1,108.9 million in the third quarter of fiscal 2024 compared to $1,072.9 million in the third quarter of fiscal 2023. Comparable restaurant sales increased 3.3%, with an increase in comparable restaurant sales of 3.5% for Chili's and 1.7% for Maggiano's. The comparable restaurant sales increase at Chili's was primarily due to increased menu pricing and favorable dine-in traffic. The overall traffic decline of 1.8% includes a negative impact of approximately 2.5% from our strategic decisi ...

DALLAS, April 30, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today reported financial results for the third quarter ended March 27, 2024. Third Quarter Fiscal 2024 Financial Highlights Company sales were $1,108.9 million in the third quarter of fiscal 2024 compared to $1,072.9 million in the third quarter of fiscal 2023. Comparable restaurant sales increased 3.3%, with an increase in comparable restaurant sales of 3.5% for Chili's and 1.7% for Maggiano's. The comparable restaurant sales in ...

Wall Street analysts forecast that Brinker International (EAT) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year decline of 6.5%. It is anticipated that revenues will amount to $1.12 billion, exhibiting an increase of 3.3% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsider ...

Brinker International (EAT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Apr ...

DALLAS, April 16, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Tuesday, April 30, 2024, to review third quarter fiscal 2024 earnings, which will be announced before the market opens on April 30, 2024. 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/q3-2024-brinker-international-earn ...