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Brinker International, Inc. Message Board

  • filosofer989 filosofer989 Jan 22, 2013 7:57 PM Flag

    Contradictions

    What has higher commodity prices got to with lower sales? Higher costs affect profit. How can they affect revenue?

    Now JPM is trying to pump by saying this could be a takeover target. They should go and eat there sometime. They cannot even serve hot food. Portions are 1/2 of what they were a few years back. I wonder if they get any repeat customers.

    In the CC, they keep on talking about new ovens. They think those ovens will change the world.

    Full year profit estimate is $2.33. So far it is 87 cents. If they make 71 cents this quarter, they still have to make 75 cents in June quarter. That is a huge jump from 64 cents from June 12 quarter. Unless they do some shenanigans by buying back a ton of shares etc., I dont see how they can make $2.33 this FY.

    Extra 2% in payroll tax should be causing consumers to rethink spending their sparse discretionary dollars. With higher prices, lower portions and lukewarm food, I cannot imagine customers lining up at Chili's.

 
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