39.81 +0.12 (0.30%)
After hours: 4:31PM EDT
|Bid||39.66 x 800|
|Ask||39.73 x 800|
|Day's Range||38.42 - 39.78|
|52 Week Range||36.44 - 53.61|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||10.02|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||1.52 (3.95%)|
|1y Target Est||44.28|
The owner of the Chili's and Maggiano's restaurant chains is managing to expand earnings in the rapidly evolving fast-casual restaurant sector.
Brinker's (EAT) top line in fourth-quarter fiscal 2019 gain from its traffic-building strategies and efforts to capture increased market share.
Olive Garden's Never Ending Pasta Pass is back for its fifth year, but this time 50 lucky winners will have the chance to buy a Lifetime Pasta Pass.
Brinker International slips after the parent company of Chili's and Maggiano's restaurants misses Wall Street's fourth-quarter revenue estimates.
Brinker International (EAT) delivered earnings and revenue surprises of 0.74% and -0.20%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Brinker International Inc. said Tuesday it had net income of $46.8 million, or $1.22 a share, in is fiscal fourth quarter to June 29, up from $43.8 million, or $1.01 a share, in the year-earlier period. The operator of Chili's and Maggiano's restaurants said adjusted per-share earnings came to $1.36, ahead of the $1.34 FactSet consensus. Revenue rose to $804.8 million from $791.4 million, below the $835 million FactSet consensus. Same-restaurant sales rose 1.5%, below the FactSet consensus for growth of 1.7%. Same-restaurant sales rose 1.5% at Chili's, while they fell 0.2% at Maggiano's. The company said it now expects fiscal 2020 adj. EPS of $4.15 to $4.35, compared with a FactSet consensus of $4.04. The company expects to acquire 116 Chili's restaurants in its fiscal first quarter from its franchisee, ERJ Dining. Revenue are expected to climb 9% to 10%, while same-restaurant sales are expected to be up 1.75% to 2.50%. Shares were not yet active premarket, but have fallen 9.4% in 2019, while the S&P 500 has gained 15%.
DALLAS , Aug. 13, 2019 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced results for the fiscal fourth quarter and year ended June 26, 2019. Highlights include the following: Earnings ...
Today we'll look at Brinker International, Inc. (NYSE:EAT) and reflect on its potential as an investment...
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Brinker International, Inc. (EAT). On May 12, 2018, the Company, which owns, develops, operates, and franchises Chili’s Grill & Bar restaurants, disclosed that its data network had been breached between March and April 2018, exposing the personally identifiable information of its customers. Subsequently, several customers of Chili’s filed suit against the Company alleging that its failure to comply with industry standards for information security and implement adequate data security measures to protect its data networks from the potential danger of a data breach had caused them to incur fraudulent charges on their payment cards.
DALLAS , Aug. 8, 2019 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT), a leader in the casual dining industry, will host an investor day on Thursday, Aug. 15, 2019 in Dallas , beginning at 9 a.m. ...
DALLAS , Aug. 6, 2019 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10:00 a.m. Eastern Time on Tuesday, Aug. 13, 2019 to review fourth quarter fiscal ...
The law firm of Federman & Sherwood has initiated an investigation into Brinker International, Inc. with respect to the data breach announced on May 11, 2018.
Brinker International (EAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DALLAS, Aug. 5, 2019 /PRNewswire/ -- Maggiano's Little Italy® has been raising funds for Make-A-Wish® to help create life-changing wishes for children with critical illnesses for 16 years during its annual Eat-A-Dish for Make-A-Wish campaign. This year, Maggiano's is raising the bar with an attempt to grant one additional wish with its first Wish Wednesday. On Wednesday, Aug. 7, Maggiano's will donate $1 from every pasta dish and every chef-featured dish ordered. Guests can choose from more than 15 classic or specialty pasta entrees, or chef-featured dishes such as: Banana Split Pancakes, Salmon with Crispy Calabrian Shrimp, Pesto Perlini Mozzarella and Banana Split Cheesecake.
Although Brinker International, Inc. (NYSE: EAT ) achieved five straight quarters of traffic growth at Chili's, the company faces increasingly difficult comps in 2020 and its same-store sales growth “remains ...
By John Jannarone Vintage Capital’s Brian Kahn just put his money where his mouth is – 1980s style. The activist investor, which built an 11.6% stake in Red Robin Gourmet Burgers (ticker: RRGB) and had previously said it was willing to make a $40 a share offer, has made a “non-binding proposal” to acquire the […]
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Brinker International Inc.'s plan to acquire 116 Chili's Grill & Bar locations could put the company's share repurchase program at risk, according to Quo Vadis Capital. Brinker announced after the closing bell Wednesday that it has executed a letter of intent to acquire the Chili's restaurants from ERJ Dining, a 14-year franchisee. Brinker's restaurant brands include Chili's and Maggiano's Little Italy. The restaurants involved in the deal are mostly located in the Midwest and generate about $300 million in revenue annually. The deal is expected to close during the first quarter of fiscal 2020 and is expected to be earnings-per-share accretive in the fiscal year. Brinker will fund the deal using its existing credit. "It was unclear to us whether 'accretive' took into account lower share repurchase activity or if the deal would be accretive to ROIC [return on invested capital] compared to incremental return of capital, for example," Quo Vadis said, adding that analysts "lean neutral to negative on this acquisition pending more information." Brinker didn't disclose the value of the deal. Brinker stock has fallen nearly 22% over the past 12 months while the S&P 500 index has gained 8.1%.