Brinker International (NYSE: EAT) reported Q4 EPS of $0.94, $0.02 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $764.1 million versus the consensus estimate of $785.69 million.

Table 1: Q4 and FY comparable restaurant sales
Company-owned, reported brands and franchise; percentage
		Q4 15			Q4 14			FY 15			FY 14
Brinker International		(0.7)			2.3			1.7			0.6
Chili's Company-Owned
Comparable Restaurant Sales		(0.8)			2.5			1.9			0.6
Pricing Impact		1.5			1.2			1.4			1.2
Mix-Shift		(1.8)			1.9			0.3			1.2
Traffic		(0.5)			(0.6)			0.2			(1.8)
Maggiano's
Comparable Restaurant Sales		(0.1)			0.9			0.8			0.6
Pricing Impact		2.8			2.2			2.3			1.5
Mix-Shift		(1.0)			(2.5)			(1.4)			(0.7)
Traffic		(1.9)			1.2			(0.1)			(0.2)
Chili's Franchise1		1.9			1.2			2.2			0.2
U.S. Comparable Restaurant Sales		2.1			1.4			2.9			(0.3)
International Comparable Restaurant Sales		1.2			0.8			0.4			1.6
Chili's Domestic2		0.1			2.1			2.2			0.3
System-wide3		0.2			1.9			1.9			0.5

Brinker International sees FY2016 EPS of $3.55-$3.65, versus the consensus of $3.62.

• Revenues are expected to increase approximately 12 to 14 percent including the 53rd week
• Comparable restaurant sales are expected to increase one and a half to two percent
• Company-owned new restaurant development is expected to add year-over-year capacity growth of about one percent before the addition of the recently acquired Chili's restaurants
• Restaurant operating margin is expected to be flat to down 25 basis points year-over-year. Excluding the impact of the recently acquired Chili's restaurants, restaurant operating margin is expected to increase 25 to 50 basis points year-over-year
• Depreciation expense is expected to increase $12 to $15 million, assuming capital expenditures of $110 to $120 million
• General and administrative expense is expected to be $10 to $12 million higher on a dollar basis due to information technology expenses related to sales driving initiatives, the impact of the 53rd week as well as planning incentive compensation at target
• Interest expense is expected to increase $4 million to $6 million due to a higher debt balance in fiscal 2016
• Excluding the impact of special items, the effective income tax rate is projected to be approximately 31 to 32 percent
• Free cash flow is expected to be $250 to $260 million
• Diluted weighted average shares outstanding is expected to be 60 to 62 million

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