secwatch.observer — SEC 8-K summary
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Issuer:     BRINKER INTERNATIONAL, INC (EAT)
CIK:        0000703351
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000703351-21-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brinker Q1 sales up 18% to $859.6M; GAAP EPS $0.28 vs $0.23; FY guidance reaffirmed
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- Q1 company sales $859.6M (+18% YoY); GAAP EPS $0.28 vs $0.23; adjusted EPS $0.34 vs $0.28.
- Restaurant operating margin fell to 10.4% from 11.6% on higher labor, commodity costs.
- Comparable restaurant sales +17% vs FY21; Chili's +13.4%, Maggiano's +62.6%.
- Acquired 59 Chili's restaurants from franchisees (23 in Sept, 36 in Oct 2021).
- Reaffirmed FY22 guidance: total revenues $3.75-3.85B, adjusted EPS $3.50-$3.80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703351/000070335121000047/0000703351-21-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703351/000070335121000047/eat-20211103.htm
  HTML page:      https://secwatch.observer/filing/0000703351-21-000047

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