secwatch.observer — SEC 8-K summary
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Issuer:     BRINKER INTERNATIONAL, INC (EAT)
CIK:        0000703351
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000703351-23-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brinker Q1 FY24 GAAP EPS $0.16 vs ($0.69) loss; revenue up 6%; comp sales +5.8%
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- Net income per diluted share $0.16 (GAAP), $0.28 non-GAAP; prior year loss of $0.69 GAAP, $0.57 non-GAAP loss.
- Total revenues $1,012.5M, +5.9% YoY from $955.5M; company sales $1,002.0M, +5.9%.
- Comparable restaurant sales +5.8%: Chili's +6.1%, Maggiano's +2.6%; traffic down 5.8% largely due to virtual brand de-emphasis.
- Updated FY24 non-GAAP EPS guidance to $3.35-$3.65; total revenue reiterated $4.27B-$4.35B.
- Restaurant operating margin (non-GAAP) improved to 10.4% from 6.0% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703351/000070335123000049/0000703351-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703351/000070335123000049/eat-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000703351-23-000049

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