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Chili's Traffic Boom Powers Brinker's FY25 Revenue Outlook, But EPS Miss Raises Caution Flags
Brinker International, Inc. (NYSE:EAT) shares are trading lower after the company reported fiscal fourth-quarter 2024 results. Total revenue increased 12.3% year-on-year to $1.21 billion, beating the analyst consensus estimate of $1.16 billion.
Adjusted EPS of $1.61 missed the analyst consensus estimate of $1.65.
Comparable restaurant sales rose 13.5% for Brinker, 14.8% for Chili’s, and 2.5% for Maggiano’s.
Also Read: Brinker International Stock Climbs 38% Over Past Month, Analyst Turns Bullish Despite Outperformance
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