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Steady improvement for Brinker International in FQ2

Jan. 28, 2015 8:01 AM ETBrinker International, Inc. (EAT) StockBy: Clark Schultz, SA News Editor
  • 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.

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