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Tuesday, Jan 22
Heard on Brinker International's (EAT -1.8%) earnings call: 1) Execs forecast commodity...
Heard on Brinker International's (EAT -1.8%) earnings call: 1) Execs forecast commodity inflation will increase by 2% in FY13, but that the company will be able to keep prices elevated and hold the line on margins. 2) Previous FY13 guidance is reiterated with earnings still expected to improve in the back half of the year. 3) The moderate pace of unit growth at Chili's appears set to continue with the chain already "deeply penetrated" in many markets. 4) The company sees 370 company-owned Chili's restaurants being redesigned this year. (webcast)