Brinker International, Inc. issues news on a casual dining portfolio led by Chili's Grill & Bar and Maggiano's Little Italy. Company updates commonly cover restaurant sales trends, fiscal earnings, guidance, cash flow uses, and capital actions such as revolver repayment and share repurchases.
Brand announcements often focus on Chili's menu value platforms, burgers, chicken sandwiches, fajitas, margaritas, and national marketing programs, along with Maggiano's Italian-American menu, family-style dining, delivery, carryout, and banquet services. Corporate news also includes leadership changes and marketing oversight across both restaurant brands.
Maggiano's Little Italy® is celebrating Mother's Day with specialty menus and fresh May features, offering dine-in and carryout options. The restaurant introduces seasonal offerings and chef-curated menus to honor moms across the country. The -time menu includes starters, entrees, and desserts, with a three-course specialty menu exclusively available on Mother's Day. Maggiano's also offers a hot carry-out bundle option for those celebrating at home. Reservations can be made online or via the app for a quality dining experience.
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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