- Brinker International (NYSE:EAT) saw strong comps help lift its profit by 20% Y/Y in FQ2.
- Comparable restaurant sales were up 4.0% at Chili's (company-owned) on a 2.1% increase in traffic and higher prices.
- Comps rose 2.1% at the Maggiano's chain with both traffic and pricing improved.
- Restaurant operating margin +60 bps to 16.4% during the quarter.
- Previously: Brinker beats by $0.02, beats on revenue
- EAT +0.2% premarket.
Steady improvement for Brinker International in FQ2
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Symbol | Last Price | % Chg |
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EAT | - | - |
Brinker International, Inc. |