Brinker reports Q4 EPS $1.61, consensus $1.72

Reports Q4 revenue $1.21B, consensus $1.16B. Comparable restaurant sales increased 13.5%, with an increase in comparable restaurant sales of 14.8% for Chili’s and 2.5% for Maggiano’s. “We achieved another quarter of solid progress against our strategy to deliver profitable, sustainable growth. We significantly outperformed the industry in both sales and traffic during the quarter, while maintaining record high guest metrics,” said Kevin Hochman, Chief Executive Officer and President of Brinker International. “With significantly increased traffic at Chili’s and many guests trying Chili’s for the first time, we quickly accelerated investments in labor and the facilities to ensure a great experience.”