Brinker International (EAT) Misses Q1 EPS by 6c; Comps Show Surprise Drop

October 25, 2016 7:17 AM EDT

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Brinker International (NYSE: EAT) reported Q1 EPS of $0.49, $0.06 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $758.5 million versus the consensus estimate of $772.63 million.

Comps fell 1.1 percent, versus an expected increase of 0.2 percent.

  • Chili's company-owned comparable restaurant sales decreased 1.4 percent
  • Maggiano's comparable restaurant sales decreased 0.6 percent
  • Chili's franchise comparable restaurant sales decreased 0.6 percent, which includes a 1.6 percent decrease for U.S. franchise restaurants, partially offset by an increase of 0.9 percent for international franchise restaurants

For earnings history and earnings-related data on Brinker International (EAT) click here.

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