Brinker International Earnings Call Transcripts
Fiscal Year 2026
-
Q3 saw continued strong sales and traffic growth, with Chili's outperforming the industry and launching a successful chicken sandwich platform. Margins were stable despite inflation, and guidance was raised for fiscal 2026. Share repurchases and reimage investments support future growth.
-
Chili's delivered 8.6% same-store sales growth in Q2, outpacing the industry, with strong revenue and EPS gains. Guidance for fiscal 2026 was raised despite weather-related disruptions, and investments in menu innovation, reimaging, and marketing are expected to sustain momentum.
-
Q1 delivered strong results with Chili's comp sales up 21.4% and traffic up 13%, while Maggiano's saw a 6.4% comp decline. Guidance is reiterated, with mid-single digit same-store sales growth expected for the rest of the year, and margins facing pressure from tariffs and Maggiano's investments.
Fiscal Year 2025
-
Chili's delivered industry-leading Q4 and FY2025 results, with double-digit same-store sales and margin expansion, while Maggiano's saw flat comps. Fiscal 2026 guidance projects continued revenue and EPS growth, positive comps each quarter, and increased investments in reimaging and new units.
-
Q3 saw robust sales and margin growth, led by Chili's 31.6% comp sales increase and strong traffic gains. Operational improvements, menu innovation, and marketing drove outperformance, while Maggiano's continued its turnaround. Full-year guidance was raised on sustained momentum.
-
Record Q2 results driven by Chili's 31% comp sales growth, operational improvements, and strong marketing. Restaurant margins expanded 600 bps, and FY25 guidance was raised. TurboChef rollout and menu innovation support continued momentum.
-
Q1 saw robust sales and margin growth, with Chili’s comp sales up 14.1% and Maggiano’s operating income up 117% year-over-year. Full-year guidance was raised, and operational improvements, menu simplification, and targeted marketing continue to drive outperformance.
Fiscal Year 2024
-
Fiscal 2024 saw strong revenue, margin, and EPS growth, driven by operational improvements, menu innovation, and effective marketing. FY25 guidance anticipates continued sales and margin expansion, with investments in labor, technology, and brand relevance, while monitoring macroeconomic risks.