Brinker International Inc. (EAT) released a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line totaled $128.5 million, or $2.86 per share. This compares with $118.5 million, or $2.61 per share, last year.
Excluding items, Brinker International Inc. reported adjusted earnings of $2.87 per share for the period.
Analysts on average had expected the company to earn $2.63 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.9% to $1.452 billion from $1.358 billion last year.
Brinker International Inc. earnings at a glance (GAAP) :
-Earnings: $128.5 Mln. vs. $118.5 Mln. last year.-EPS: $2.86 vs. $2.61 last year.-Revenue: $1.452 Bln vs. $1.358 Bln last year.
Looking ahead, the company said: “We are raising our guidance to reflect a stronger sales and profit outlook for Chili's through the end of the fiscal year. This upward revision includes the negative impact from closures and reduced operating hours caused by Winter Storm Fern- which includes approximately $20.0 million in reduced revenues and a decrease of $0.15 in Net income per diluted share, excluding special items, non-GAAP, as of January 27, 2026.”
For the full year, Brinker now expects adjusted income of $10.45 to $10.85 per share, higher than the earlier outlook of $9.90 to $10.50 per share and analysts’ view of $10.44 per share.
Full-year revenue is projected to be $5.76 billion to $5.83 billion, up from the prior outlook of $5.60 billion to $5.70 billion, and Street view of $5.75 billion.
EAT was up by 4.28% at $163.88 in the pre-market trade on the NYSE.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.