Brinker International Inc., the owner of Chili’s Grill & Bar and Maggiano’s Little Italy, reported fiscal fourth-quarter results that exceeded Wall Street expectations. Revenue rose 21% from a year earlier to roughly $1.44 billion, matching analyst estimates, while adjusted earnings climbed to $2.49 a share, beating the consensus of $2.44. Comparable restaurant sales grew 21.3%, driven by a 23.7% jump at Chili’s that the company attributed to higher traffic and menu innovation. Maggiano’s inched down 0.4%. Operating margin widened to 9.8%, and net income reached $107 million. Looking ahead, Brinker projected fiscal 2026 earnings of $9.90 to $10.50 a share on revenue of $5.6 billion to $5.7 billion, well above analysts’ average profit estimate of $8.87. Management said the momentum at Chili’s positions the chain to outpace peers despite a generally slowing casual-dining market. The stronger-than-expected quarter and upbeat outlook sent Brinker shares up about 6% in pre-market trading and as much as 9% after the market opened.
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Chili's two-year stacked comps are accelerating. Fiscal Q1: 20.2% Q2: 36.4% Q3: 35.1% Q4: 38.8% (new) Given the number of chains reporting slowing/weak sales, etc., those numbers are ridiculous. $EAT
$EAT (+5.8% pre) Brinker International 4Q Revenue, Profit Beat Estimates https://t.co/1375XAGj5L