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Brinker International (EAT)
NYSE:EAT
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$1.56Last Year’s EPS
$0.99Same Quarter Last Year
Based on 17 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: 38.40%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong business performance with significant sales growth and margin improvements, particularly at Chili's. Successful marketing campaigns and strategic initiatives are driving traffic and profitability. However, challenges remain at Maggiano's with declining traffic and strategic menu changes impacting sales.Company Guidance
During the recent earnings call for Brinker International's first quarter of fiscal year 2025, executives provided an optimistic outlook based on strong performance metrics. Chili's achieved an impressive 14% sales growth, driven by a 6.5% increase in traffic, and Brinker reported a year-over-year restaurant operating margin improvement of 310 basis points. The company's strategic focus on the Core 4 offerings—burgers, crispers, fajitas, and margaritas—now comprising 47% of the business, has been pivotal. Additionally, the Triple Dipper now represents 11% of sales, with a 70% increase compared to the previous year. The success of these initiatives, alongside effective marketing campaigns, has contributed to Brinker raising its full-year guidance, expecting revenues between $4.7 billion and $4.75 billion and adjusted diluted EPS ranging from $5.20 to $5.50.Chili's Strong Sales Growth
Chili's reported a 14% sales growth with a 6.5% increase in traffic.
Improvement in Operating Margins
Brinker reported a year-over-year restaurant operating margin improvement of 310 basis points.
Successful Marketing Campaigns
The Big Smasher and Triple Dipper campaigns drove significant traffic, with Triple Dipper sales up over 70%.
Maggiano's Turnaround Progress
Maggiano's reported a 117% increase in year-over-year operating income, driven by increased alcohol mix and menu simplification.
Upgraded Guidance
Brinker raised its fiscal 2025 guidance with expected revenues between $4.7 billion to $4.75 billion and adjusted diluted EPS between $5.20 to $5.50.
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EAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $97.01 | $104.25 | +7.46% |
| Aug 14, 2024 | $70.40 | $62.86 | -10.71% |
| Apr 30, 2024 | $49.66 | $53.60 | +7.93% |
| Jan 31, 2024 | $40.69 | $42.79 | +5.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Brinker International (EAT) report earnings?
Brinker International (EAT) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Brinker International (EAT) earnings time?
Brinker International (EAT) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EAT EPS forecast?
EAT EPS forecast for the fiscal quarter 2025 (Q2) is $1.56.
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