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Stock impact report

Brinker leaps as fiscal Q2 results and full-year forecast surpass estimates [Yahoo! Finance]

Brinker International, Inc. (EAT) 
Last brinker international, inc. earnings: 4/29 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.brinker.com
Company Research Source: Yahoo! Finance
quarterly earnings and issued full-year guidance that topped market forecasts. The Chili's owner reported second-quarter earnings per share (EPS) of $2.87, beating analyst expectations of $2.57. Revenue during the period rose to $1.45 billion from $1.36 billion a year earlier and came in above the $1.41 billion consensus estimate. Comparable restaurant sales increased 7.5% in the quarter, driven by an 8.6% rise at Chili's, while Maggiano's posted a 2.4% decline. "Chili's delivered another strong quarter with industry-leading growth of +9%, rolling the industry-leading growth from last year for a 2-year comp sales growth of +43%," said Kevin Hochman, President and CEO of Brinker International. "With 19 consecutive quarters of same-store sales growth, Chili's turnaround, led by guest experience improvements, is sustaining over the long-term," he added. Adjusted EBITDA in the quarter climbed to $223.5 million from $215.8 million in the prior-year period. Restaurant operating ma Show less Read more
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