Heard on Brinker International's (EAT -11%) earnings conference call: Execs call the industry...
Wednesday, October 24, 2012, 10:25 AM ETHeard on Brinker International's (EAT -11%) earnings conference call: Execs call the industry environment "soft" and note same-store traffic is affected by macro factors. Instead of focusing on opening new Chili's restaurants during the last quarter, the company continued to transform outlets into "bar" gathering points as improved alcohol mix continues to add to bottom line results. A warning on FQ2 same-store sales is delivered with EPS brought down to $0.48-$0.50. (webcast)
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