Brinker Delivers Strong Q4, Issues FY27 Guidance Above Consensus, and Authorizes $718M Buyback
EAT has more than doubled off its 52-week low of $100.3.
Summary
Brinker posted a strong Q4 with 5% comparable sales growth and a 30% EPS increase, guided fiscal 2027 above consensus, and authorized a $718M expansion of its share repurchase program.
Key Events · Earnings and Guidance · EAT
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Q4 Earnings Beat
Company sales rose 5.0% to $1.52B, fueled by a 5.6% increase in Chili's comparable sales. Diluted EPS of $2.99 beat expectations, up 30% year-over-year.
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FY27 Guidance Above Consensus
Management guided fiscal 2027 total revenues to $6.15B–$6.27B and adjusted diluted EPS to $12.60–$13.40, including a $0.70 benefit from a 53rd week. Both metrics exceed Street estimates.
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$718M Buyback Authorization
The board authorized an additional $718 million in share repurchases, increasing total available authority to $750 million. During fiscal 2026, the company repurchased $400 million in stock.
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Chili's Momentum Continues
Chili's delivered its fifth consecutive year of same-store sales growth, with a cumulative 71% increase over that period. July sales accelerated further, driven by the Big Crispy chicken sandwich.
Analysis · EAT · Trade & Services
A standout Q4 saw Chili's same-store sales climb 5.6%, marking five consecutive years of growth. Earnings per share surged 30% to $2.99, while fiscal 2027 guidance came in well above expectations, with adjusted EPS projected at $12.60–$13.40 on revenues of up to $6.27 billion. In a clear signal of confidence in sustained cash generation, the board simultaneously authorized an additional $718 million in share repurchases, bringing total buyback capacity to $750 million. With the stock trading near all-time highs, this report reinforces the thesis that Chili's brand momentum and operational discipline are driving durable, profitable growth.
At the time of this filing, EAT was trading at $221.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $9.5B. The 52-week trading range was $100.30 to $232.47. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.