earnings
confidence high
sentiment positive
materiality 0.85
Brinker Q4 sales $991M, EPS $1.58; board reinstates $300M buyback
BRINKER INTERNATIONAL, INC
2021-FY EPS reported
$2.83
revenue$3,337,800,000
- Q4 GAAP diluted EPS $1.58 vs loss of $1.20 YoY; adjusted EPS $1.68 vs loss of $0.88.
- Company sales $990.9M, up 79% YoY with an extra operating week; FY sales $3.28B.
- Restaurant operating margin 16.9% (non-GAAP) vs 6.4% prior year; Chili's comp sales +8.5% vs Q4'19.
- Board reinstated $300M share repurchase program in August 2021.
- FY22 guidance: mid-single-digit commodity/labor inflation; capex $155-165M; effective tax rate 14-15%.