Brinker International (EAT) Reports In-Line Q4 EPS

Brinker International (NYSE: EAT) reported Q4 EPS of $1.19, in-line with the analyst estimate of $1.19. Revenue for the quarter came in at $817.1 million versus the consensus estimate of $818.44 million.

• Chili's company-owned comparable restaurant sales increased 0.6% in the fourth quarter of fiscal 2018 compared to the fourth quarter of fiscal 2017. Chili\'s U.S. franchise comparable restaurant sales decreased 0.5% in the fourth quarter of fiscal 2018 compared to the fourth quarter of fiscal 2017
• Maggiano's comparable restaurant sales increased 0.3% in the fourth quarter of fiscal 2018 compared to the fourth quarter of fiscal 2017
• Chili's international franchise comparable restaurant sales decreased 2.9% in the fourth quarter of fiscal 2018 compared to the fourth quarter of fiscal 2017

GUIDANCE:

Brinker International sees FY2019 EPS of $3.70-$3.90. Brinker International sees FY2019 revenue of $3.76 million. Revenues are expected to be up approximately 1.00% to 2.25%. Comparable restaurant sales are expected to be up 0.75% to 1.75%.

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

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