secwatch.observer — SEC 8-K summary
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Issuer:     BRINKER INTERNATIONAL, INC (EAT)
CIK:        0000703351
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0000703351-24-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brinker Q4 company sales up 12.4% to $1.2B; comp sales +13.5%; guides FY25 adj. EPS $4.35-$4.75
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- Company sales $1,196.5M (+12.4% YoY); comparable restaurant sales +13.5% (Chili's +14.8%, Maggiano's +2.5%).
- Diluted EPS $1.24; adjusted EPS $1.61 vs $1.39 prior year; full-year adjusted EPS $4.10.
- Chili's traffic +5.9% despite -2.3% from de-emphasizing virtual brands; 'Big Smasher' burger drove traffic.
- Ended Q4 with no borrowings on $900M revolver, $64.6M cash.
- FY2025 guidance: revenues $4.55B-$4.62B, adj. EPS $4.35-$4.75, capex $195M-$215M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/703351/000070335124000027/0000703351-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/703351/000070335124000027/eat-20240814.htm
  HTML page:      https://secwatch.observer/filing/0000703351-24-000027

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