Brinker raises FY23 adjusted EPS $2.60-$2.90 from $2.45-$2.85, consensus $2.56

Raises FY23 revenue view to $4.05B-$4.15B from $3.9B-$4B, consensus $4.04B. The company said, "We are providing the following updates to our full year fiscal 2023 guidance. The uncertainties created by current macroeconomic conditions, among other risks, could cause actual results to differ materially from those projected. Total revenues are expected to be in the range of $4.05 billion – $4.15 billion; Net income per diluted share, excluding special items, is expected to be in the range of $2.60 – $2.90; Capital expenditures are expected to be in the range of $170 million – $180 million; Weighted average shares are expected to be in the range of 44 million – 45 million."