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Why Chili's Parent Brinker's Shares Are Shooting Higher Today
Brinker International Inc (NYSE:EAT) shares are trading higher after company reported third-quarter FY24 total revenue growth of 3.4% year-on-year to $1.120 billion, which was in line with the analyst consensus estimate.
Comparable restaurant sales rose 3.3% for Brinker, 3.5% for Chili’s, and 1.7% for Maggiano’s.
Operating margin expanded 30 basis points ...