Brinker Intl Inc Stock Price, News & Analysis

Maggiano's Little Italy and Make-A-Wish celebrate their 19th year of partnership with the 'Eat-a-Dish for Make-A-Wish' program, aiming to surpass $10 million in donations this year. The campaign has already raised $9.6 million, providing funding for nearly 1,300 wishes. Guests can contribute by ordering featured dishes, purchasing Wish Stars, and other donation options until August 24, 2022. Maggiano's president emphasizes the importance of this initiative post-pandemic, as they continue to support children with critical illnesses.

Grubhub has partnered with Brinker International, Inc. to offer popular dining brands Chili's® Grill & Bar, It's Just Wings®, and Maggiano's Little Italy® on its platform. This collaboration will bring over 2,500 restaurant locations to Grubhub, enhancing the convenience for diners. Off-premise dining represents more than 35% of Chili's Q3 sales, underscoring the importance of this partnership. To celebrate, Grubhub is offering promotions including free wings and Skillet Queso with qualifying purchases. The expansion aims to meet customer demands for digital ordering.

Chili's Grill & Bar has launched a new value menu called 3 for Me, allowing Guests to customize meals starting at $10.99. The menu includes a non-alcoholic drink, appetizer, and entrée, featuring popular items like Chicken Crispers® and Oldtimer® Cheeseburger. Guests can enhance their meals with options for an additional $2.49. This initiative replaces previous offerings while introducing new dishes such as Carne Asada. Chili's also continues its LunchBreak Combos for $9 on weekdays, promoting value for Customers amidst inflation.

Brinker International, Inc. (NYSE: EAT) reported strong results for Q3 of fiscal 2022, with total company sales of $960.6 million, up from $813.7 million year-over-year. Chili's saw sales grow to $863.3 million, while Maggiano's increased to $97.3 million. However, operating income decreased to $49.4 million from $52.2 million, leading to a reduction in operating margin to 5.0%. Net income per diluted share rose to $0.81, compared to $0.73 in the previous year. The company expects total revenues for the full fiscal year to remain in the $3.75 - $3.85 billion range.

Brinker International, Inc. (NYSE: EAT) has announced its earnings conference call scheduled for 10 a.m. Eastern Time on May 4, 2022. This call will follow the release of the company’s third-quarter fiscal 2022 earnings, which will be disclosed before market opening on the same day. Investors can access the live audio webcast through Brinker's investor relations website. A replay will also be available for two weeks post-event.

Brinker International reported strong second quarter results for fiscal 2022, with Company sales reaching $904.5 million, up from $746.2 million in Q2 2021. Chili's sales increased to $791.9 million, while Maggiano's sales rose to $112.6 million. Operating income rose to $39.8 million from $22.1 million, leading to a net income per diluted share of $0.60. Adjusted EBITDA increased to $87.8 million. The company also acquired 37 Chili's locations from a franchisee, enhancing its portfolio.

Brinker International, Inc. (NYSE: EAT) will announce its second quarter fiscal 2022 earnings before the market opens on February 2, 2022, followed by a conference call at 10 a.m. ET. This call is expected to provide insights into the company's financial performance and may include other business updates. With over 1,600 restaurants globally, Brinker is a leading casual dining chain known for its brands like Chili's and Maggiano's. Investors can access the conference call live through Brinker's investor relations website.