earnings
confidence high
sentiment neutral
materiality 0.55
Brinker Q3 revenue $1.11B, non-GAAP EPS $1.24; comp sales +3.3%; updates FY24 EPS outlook to $3.80-$4.00
BRINKER INTERNATIONAL, INC
2024-Q3 EPS reported
$2.17
revenue$3,206,900,000
- Company sales $1,108.9M, up $36M YoY; total revenues $1,120.3M.
- Net income $48.7M, diluted EPS $1.08; non-GAAP EPS $1.24 vs $1.23 prior year.
- Chili's comp sales +3.5%, Maggiano's +1.7%; overall traffic -1.8% due to virtual brand de-emphasis.
- Updated FY24 guidance: non-GAAP EPS $3.80-$4.00, total revenues $4.33B-$4.35B, capex $185M-$195M.
- Adjusted EBITDA $122.4M, up from $113.0M; restaurant operating margin 14.2% vs 13.4%.