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Investors rally behind Chili’s new menu, send shares up more than 7 percent [CNBC]

BRINKER INTL (EAT)  More Company Research Source: CNBC
Last brinker intl earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.brinker.com
PDF Chili's ditched more than 40 percent of its menu in September and it's paying off. Investors rallied around the stock after CEO Wyman Roberts told analysts that changes at Chili's showing benefits. Roberts said that within six weeks of adopting the new menu, the average time to get orders out to customers has fallen 12 percent. Published 1 Hour Ago CNBC.com SHARES Source: Chili's Grill & Bar It seems less really is more — especially, for Chili's. The restaurant chain, owned by Brinker International , ditched more than 40 percent of its menu in September and it's paying off. As anticipated, our first quarter was challenging including unique weather events, said Roberts said. However, late in the quarter, we successfully introduced our new menu and implemented our operational focus on speed. We believe both are fundamental to driving improved traffic at Chili's. While the company reported lackl [Read more]

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