Reports Q2 revenue $1.07B, consensus $1.08B. Reports Q2 Brinker comparable restaurant sales up 5.2%. Reports Q2 Chili’s comparable restaurant sales up 5%. Reports Q2 Maggiano’s comparable restaurant sales 6.7%. “Our second quarter marked another quarter of year over year growth with continued margin improvement, driven by our strategy to simplify operations, improve our food, service, and atmosphere, and deploy an effective marketing plan,” said Kevin Hochman, Chief Executive Officer and President of Brinker International. “We’re pleased with our progress, which has allowed us to improve our traffic trends and now outpace the industry.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on EAT:
- BRINKER INTERNATIONAL REPORTS SECOND QUARTER OF FISCAL 2024 RESULTS; AND UPDATES FISCAL 2024 GUIDANCE
- Brinker price target raised to $43 from $37 at BofA
- EAT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Opening Day: KKR-backed BrightSpring prices below expectations, then opens lower
- Brinker price target raised to $44 from $38 at JPMorgan
