secwatch.observer — SEC 8-K summary
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Issuer:     BRINKER INTERNATIONAL, INC (EAT)
CIK:        0000703351
Form:       8-K
Filed at:   2021-08-18T23:59:59+00:00
Accession:  0000703351-21-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brinker Q4 sales $991M, EPS $1.58; board reinstates $300M buyback
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703351/000070335121000024/0000703351-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703351/000070335121000024/eat-20210818.htm
  HTML page:      https://secwatch.observer/filing/0000703351-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer