Brinker could be hurt by competition going forward, says Bernstein

theflyonthewall.com

After Brinker reported that its Q3 franchise SSS rose 1.3%, Bernstein believes that the comps indicate that the company's outperformance versus peers is narrowing. The firm thinks that stronger competition going forward could dampen the company's comp growth. Bernstein keeps a Market Perform rating on the shares.

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