Brinker International Inc
EAT
ISIN US1096411004 / Valor 914119
Brinker International Inc
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About company
Brinker International Inc. (NYSE: EAT) is a prominent player in the global casual dining restaurant industry, headquartered in Dallas, Texas. The company operates and franchises over 1,600 restaurants across 29 countries and two U.S. territories, primarily under the well-known brands Chili’s Grill & Bar and Maggiano’s Little Italy. In addition to its traditional dining establishments, Brinker has expanded into the virtual restaurant space with the launch of It’s Just Wings in 2020, a brand that focuses on delivery and takeout services. This virtual brand operates out of existing Chili’s and Maggiano’s locations, offering a streamlined menu centered around chicken wings. Brinker International's business model emphasizes both in-restaurant dining experiences and convenient off-premise options, catering to a wide range of customer preferences.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (25.12.2024):
Revenue Growth
Brinker International Inc. reported total revenues of $1,208.2 million for the fourth quarter of fiscal 2024, marking an increase from $1,075.5 million in the same quarter of fiscal 2023. This growth was driven by higher company sales, which rose to $1,196.5 million from $1,064.8 million in the previous year.
Operating Income
The company's operating income for the fourth quarter of fiscal 2024 was $73.1 million, up from $59.3 million in the fourth quarter of fiscal 2023. The operating income margin improved to 6.1% from 5.5% in the prior year, reflecting better cost management and increased sales.
Net Income and Earnings Per Share
Brinker International Inc. achieved a net income of $57.3 million in the fourth quarter of fiscal 2024, compared to $54.2 million in the same period of fiscal 2023. The diluted net income per share was $1.24, up from $1.19 in the previous year. Excluding special items, the non-GAAP diluted net income per share was $1.61, compared to $1.39 in the fourth quarter of fiscal 2023.
Comparable Restaurant Sales
For the fourth quarter of fiscal 2024, Brinker International Inc. reported a 13.5% increase in comparable restaurant sales compared to the same quarter in fiscal 2023. Chili's, one of its key brands, saw a 14.8% rise in comparable sales, while Maggiano's experienced a 2.5% increase.
Fiscal 2025 Outlook
Looking ahead, Brinker International Inc. provided guidance for fiscal 2025, expecting total revenues to range between $4.55 billion and $4.62 billion. The company anticipates net income per diluted share, excluding special items, to be between $4.35 and $4.75. Capital expenditures are projected to be in the range of $195 million to $215 million.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5869 M
Market cap (USD)
1,410,832
Daily traded volume (Shares)
133.25 / 128.85
1 day high/low (USD)
52 weeks high/low (USD)
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