Welcome to our dedicated page for Brinker Intl news (Ticker: EAT), a resource for investors and traders seeking the latest updates and insights on Brinker Intl stock.
Brinker International, Inc. (NYSE: EAT) is a casual dining restaurant company and the parent of Chili's Grill & Bar and Maggiano's Little Italy. This news page aggregates company-issued updates, earnings announcements and brand-level stories that relate to EAT and its restaurant system.
Brinker regularly releases earnings results and guidance for its fiscal quarters and years, along with details on comparable restaurant sales, segment performance for Chili's and Maggiano's, and commentary from management. These announcements are often accompanied by information about scheduled earnings conference calls and webcasts for investors.
News related to Chili's Grill & Bar frequently covers menu changes, new product introductions and marketing campaigns. Examples from recent releases include the launch of Southwestern Queso and other menu innovations, as well as promotional initiatives tied to items such as the Triple Dipper and various margarita offerings. Chili's communications also highlight collaborations with partners in areas such as motorsports and consumer brands.
Updates involving Maggiano's Little Italy appear in Brinker's broader financial and strategic communications, including references to initiatives to enhance its Italian-American dining experience. Company news can also address leadership changes and segment strategies.
Brinker and its brands also issue news about community and charitable efforts, such as Chili's long-running partnership with St. Jude Children's Research Hospital and programs like Create-A-Pepper. These releases describe fundraising campaigns and guest participation opportunities.
Investors, analysts and guests can use this page to follow EAT news on topics such as financial performance, brand marketing, partnerships, product launches and corporate governance updates. Checking this feed over time provides a consolidated view of how Brinker communicates developments across its restaurant portfolio.
Brinker International reported strong financial results for the third quarter of fiscal 2024, with company sales reaching $1.108.9 million, a 3.3% increase in comparable restaurant sales, and net income per diluted share of $1.08. The company's operating income margin increased to 6.2% and restaurant operating margin to 14.2%. CEO Kevin Hochman attributes the success to guest and team member experience improvements, driving industry outperformance in sales and traffic.
Chili's Grill & Bar introduces the Big Smasher Burger and Crispy Chicken sandwich as part of its 3 For Me menu to compete with rising fast food prices. The Big Smasher Burger boasts twice the beef of a Big Mac and flavors familiar to fast food lovers, all for just $10.99. The menu, including bottomless chips and salsa, offers added value since 2022. Chili's also launches a marketing campaign challenging fans to share why Chili's is better than fast food.
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