Brinker International stock price, EAT

Brinker International stock chart:

DaysForecastsReached%Reached points%InvestedUnreached%Total%
No results found.

Brinker International latest news:

  • 01/30/2018 05:16:15

    Brinker International stock jumps on earnings beat

    Shares of Brinker International Inc. gained 4.5% in premarket trading after the restaurant operator reported fiscal second-quarter revenue below consensus estimates but also delivered earnings that exceeded analysts' expectations by a wide margin. The company, which owns Chili's and Maggiano's, said revenue for the quarter was $766.4 million, down 0.6% from a year ago and below analysts' expectations for $773.8 million. Net income fell to $25.4 million,or 54 cents a share, from $34.6 million, or 69 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 87 cents, beating the FactSet consensus of 72 cents. Comparable-store sales dropped 1.5% at company-owned Chili's locations and 1.7% at franchised ones, while comparable-store sales at Maggiano's grew 1.8% during the quarter. "Brinker saw performance improve across the business during the second quarter, especially related to our initiatives to change traffic trends at Chili's," CEO Wyman Roberts said in a release. Brinker noted that GAAP net income was hit by $3.9 million, or 8 cents a share, due to the new tax law and, accordingly, the "revaluation of the company's net deferred tax assets." Brinker shares are down 17% over the past 12 months, with the S&P 500 up 25% in that time. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • More trends:

    Brink's Company (The)BCO | Bristol-Myers Squibb CompanyBMY | Bristow Group IncBRS | Brixmor Property Group Inc.BRX | Broadridge Financial SolutionsBR | Brookdale Senior Living Inc.BKD | Brookfield Asset Management IncBAM | Brookfield Canada Office PropertiesBOXC | Brookfield DTLA Inc.DTLA^ | Brookfield Global Listed Infrastructure Income FunINF |