Brinker Intl Inc Stock Price, News & Analysis

Brinker International (EAT) reported strong financial results for Q4 FY2021, ending June 30, 2021. Company sales reached $990.9 million, significantly up from $553.1 million in Q4 FY2020. For FY2021, total sales increased to $3.279 billion from $3.005 billion. Operating income surged to $100.6 million, a notable recovery from the previous year's loss. Net income per diluted share increased to $1.58 from a loss of $1.20. Despite the positive results, the company issued cautious guidance for FY2022 due to uncertainties from the ongoing pandemic.

Brinker International, Inc. (NYSE: EAT) will host its fourth quarter fiscal 2021 earnings conference call on Aug. 18, 2021, at 10 a.m. ET, following the earnings announcement prior to market opening. The call will provide insights into the company's financial performance and may include additional business updates. As of March 21, 2021, Brinker operated 1,657 restaurants, primarily under the Chili's Grill & Bar and Maggiano's Little Italy brands, showcasing significant operational scale in the casual dining sector.

Chili's Grill & Bar is hosting a summer giveaway called #ChilisGirlSummer, offering 25 exclusive starter packs and a grand prize all-expense paid trip to Miami for two. The starter pack includes items like a neon bathing suit, cowboy hat, gold-plated necklace, and a $25 Chili's gift card. Participants can enter by visiting chilisgirlsummer.com by August 6. This campaign aims to engage guests and promote brand interaction, celebrating an authentic summer vibe.

Brinker International (NYSE: EAT) announced the retirement of board member George R. Mrkonic effective November 17, 2021. Mrkonic has served on the board since September 2003, including roles as vice-chairman and chairman of the Compensation Committee. His contributions highlighted his global leadership experience and expertise in retail. CEO Wyman Roberts and chairman Joseph M. DePinto expressed gratitude for his insights and strategic input that supported Brinker's growth in the casual dining sector. Brinker operates 1,657 restaurants under Chili's and Maggiano's brands.

Chili's Grill & Bar has launched its new Chicken Sandwich, available for a limited time until June 30. This hand-breaded sandwich features a toasted brioche bun, juicy chicken breast, fresh toppings, and a unique Secret Sauce, all part of the special 3 for $10 menu for My Chili's Rewards members. The company emphasizes the quality and taste, having tested the sandwich for over a year. Customers can order it in-restaurant, To-Go, or via delivery. This promotion highlights Chili's commitment to providing high-quality dining experiences at an unbeatable value.

Brinker International (NYSE: EAT) reported its fiscal Q3 2021 results, showing signs of recovery as dining rooms reopened. Key highlights included a 27% increase in operating income to $52.2 million, and Chili's sales reaching $749 million, slightly up from $748.7 million in Q3 2020. However, net income per diluted share declined to $0.73 from $0.81 year-over-year. For Q4 2021, Brinker projects revenues between $950 million and $1 billion, with diluted EPS estimated at $1.55 to $1.70. The impacts of Winter Storm Uri led to a revenue decrease of $10.5 million during the quarter.

Chili's Grill & Bar celebrates Cinco de Mayo with a new scavenger hunt called "Hide and Cinco." The event will take place on May 5, featuring five piñatas hidden in five cities: Atlanta, Las Vegas, Nashville, San Antonio, and Tampa. Each piñata contains a $500 gift card and exclusive merchandise, with 25 winners overall. Additionally, guests can enjoy $5 drink deals, including popular margaritas, at participating locations. The initiative aims to encourage guests to safely celebrate outdoors as COVID-19 restrictions ease.

Brinker International, Inc. (NYSE: EAT) will host its earnings conference call at 10 a.m. ET on April 28, 2021, to discuss third quarter fiscal 2021 earnings, which will be released before the market opens on the same day. Investors can access the live audio webcast through Brinker's investor relations website. The company operates 1,655 restaurants, primarily under the Chili's Grill & Bar and Maggiano's Little Italy brands.

Brinker International's virtual brand, It's Just Wings, has integrated with Google for enhanced ordering. Customers can now find and order pickup through Google Search and Maps, linking them to over 1,000 participating kitchens. This innovation aims to streamline the ordering process, providing options for secure online payment, including contactless methods. Wade Allen, senior vice president at Brinker, emphasizes the focus on digital guest experiences, ensuring convenience and safety in current dining trends.