Brinker's Q3 Adjusted EPS Beats Estimates, Profit Rises on Strong Chili's Growth
EAT sits 30% above its 52-week low of $100.3.
Summary
Brinker International reported strong fiscal third-quarter results, with adjusted earnings per share of $2.90, surpassing analyst expectations of $2.86. Net income increased to $127.9 million, driven by continued growth at its Chili's chain, which saw comparable sales rise 4%. While total company comparable-restaurant sales of 3.3% slightly missed the 3.6% estimate, overall revenue of $1.47 billion was in line with expectations. The company also narrowed its fiscal year 2026 revenue guidance to $5.78 billion-$5.82 billion and adjusted EPS guidance to $10.60-$10.85, providing greater clarity. This comprehensive earnings report provides new details beyond the earlier guidance update, confirming the company's positive momentum, particularly with its value-focused Chili's brand. Traders will be watching for sustained comparable sales growth and margin performance in the coming quarters.
At the time of this announcement, EAT was trading at $130.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $100.30 to $187.12. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.