Brinker International Provides First Quarter Of Fiscal 2021 Outlook And Reports Fourth Quarter Of Fiscal 2020 Results

Go back to Brinker International Provides First Quarter Of Fiscal 2021 Outlook And Reports Fourth Quarter Of Fiscal 2020 Results

Brinker Int'l (EAT) PT Raised to $38 at MKM Partners

August 12, 2020 1:12 PM EDT

MKM Partners analyst Brett Levy raised the price target on Brinker Int'l (NYSE: EAT) to $38.00 (from $32.00) while maintaining a Buy rating.

... More

Brinker's (EAT) Virtual Brand It's Just Wings is 'Off to a Great Start'

August 12, 2020 12:05 PM EDT

Brinker International (NYSE: EAT) reported its first-quarter 2021 results this morning, which illustrated that the COVID-19 pandemic continues to wreck havoc on the restaurant industry. The operators of Chili's and Maggiano's reported that revenues fell 33%, with comps down 10.9% at Chili's and 44.6% at Maggiano's. A bright spot, however, was the launch of It's Just Wings, a virtual brand offering through a partnership with... More

UPDATE: Brinker International (EAT) Tops Q4 EPS by 49c, Revenues Miss; Offers 1Q EPS Guidance Above Consensus

August 12, 2020 6:48 AM EDT

(Updated - August 12, 2020 6:51 AM EDT)

Brinker International (NYSE: EAT) reported Q4 EPS of ($0.88), $0.55 better than the analyst estimate of ($1.37). Revenue for the quarter came in at $563.2 million versus the consensus estimate of $571.05 million.

"Our continued strategic focus on value, off-premise,... More