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

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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