---
schema_version: "secwatch.filing_event.v1"
accession: "0000703351-22-000046"
form_type: "8-K"
ticker: "EAT"
cik: "0000703351"
company_name: "BRINKER INTERNATIONAL, INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:54:25.269240+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Brinker Q1 FY2023: operating loss of $19.8M vs prior-year profit; commodity inflation hits margins

## Summary
- GAAP net loss per diluted share $0.69 vs prior-year income of $0.28; adjusted loss $0.57.
- Company sales rose 9.3% to $946.1M, but operating margin fell to negative 2.1% from positive 2.9%.
- Restaurant operating margin dropped to 6.0% from 11.0%, driven by ~24% commodity cost inflation.
- Adjusted EBITDA plunged to $27.1M from $69.4M; comparable restaurant sales up 5.3% (Chili's +3.8%, Maggiano's +18.2%).
- No guidance provided; management cited chicken and beef pricing as primary cause of operating loss.

## SEC filing metadata
- accession: 0000703351-22-000046
- form_type: 8-K
- ticker: EAT
- cik: 0000703351
- company_name: BRINKER INTERNATIONAL, INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703351/000070335122000046/0000703351-22-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703351/000070335122000046/eat-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703351-22-000046
- JSON: https://secwatch.observer/filing/0000703351-22-000046.json
- Plain text: https://secwatch.observer/filing/0000703351-22-000046.txt

## Key facts
- Earnings Releases
  BRINKER INTERNATIONAL, INC reported first quarter of fiscal 2023 ended September 28, 2022 results: revenue $946.1 million, EPS $0.69.
  - Period: first quarter of fiscal 2023 ended September 28, 2022
  - Revenue: $946.1 million
  - EPS: $0.69
  - Result: reported results
  source text: Brinker International reported Company sales (1) of $946.1 million in the first quarter of fiscal 2023 as compared to $865.6 million in the first quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/703351/000070335122000046/0000703351-22-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.