Brinker Beats Q1 and Raises FY27 EPS Guidance to $13.30-$13.90
EAT has more than doubled off its 52-week low of $100.3 on elevated volume (1.9× avg).
Summary
Brinker beat first-quarter estimates with 9.1% comparable sales growth and raised fiscal 2027 EPS guidance to $13.30-$13.90 from $12.60-$13.40.
Updates
· Dow Jones Newswires — Brinker shares rose 5.7% to $208.00 in premarket trading after the guidance raise and quarterly beat.
- Quarterly Results — Net income was $113.3 million, or $2.64 per share, up from $99.5 million, or $2.17 per share. Adjusted EPS of $2.77 beat the mean analyst estimate of $2.45, and revenue rose 9.4% to $1.48 billion, topping the average analyst target of $1.46 billion.
- Chili's Sales Streak — Chili's posted its 22nd consecutive quarter of same-store sales growth, up 10%, lapping 21% last year and 14% in 2024, for a three-year cumulative 52%. The Big Crispy chicken sandwich helped drive sales.
All 5 details
- Chili's 22nd consecutive quarter of same-store sales growth, up 10%, lapping 21% last year and 14% in 2024, three-year cumulative 52%
- Quarterly net income $113.3 million, or $2.64 per share, up from $99.5 million, or $2.17 per share
- Adjusted EPS $2.77 beat mean analyst estimate of $2.45
- Revenue rose 9.4% to $1.48 billion, topping average analyst target of $1.46 billion
- Chili's Big Crispy chicken sandwich helped drive sales
Key Events · Earnings and Guidance · EAT
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Q1 Sales and EPS Beat
Company sales rose to $1,461.2 million from $1,335.4 million, with comparable sales up 9.1% and Chili's up 10.1%. Non-GAAP EPS was $2.77 versus $1.93 a year ago.
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FY27 Guidance Raised
Total revenue guidance moved to $6.23-$6.33 billion from $6.15-$6.27 billion, and non-GAAP EPS to $13.30-$13.90 from $12.60-$13.40. The 53rd week adds about 2.0% to revenue and $0.70 to EPS.
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Debt Refinanced at Lower Cost
Brinker redeemed the $350.0 million 8.25% notes using its revolver, recording a $17.6 million loss on extinguishment, and repurchased $125.0 million of stock in the quarter.
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Cash Generation Improved
Operating cash flow was $169.1 million versus $120.8 million, and free cash flow was $105.7 million versus $62.2 million.
Analysis · EAT · Trade & Services
Chili's posted a 22nd straight quarter of same-store sales growth, up 10.1%, and Brinker lifted full-year EPS guidance by roughly 5% at the midpoint. The quarter also shows the balance sheet being cleaned up: $350M of 8.25% notes were redeemed (a $17.6M one-time charge) and $125M of stock was bought back. The guidance raise is the part that moves the stock — it resets the earnings base investors will value the company on.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 36.5% of the 953 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, EAT was trading at $204.90 on NYSE in the Trade & Services sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $100.30 to $254.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.