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Brinker International Inc (EAT.N)

EAT.N on New York Stock Exchange

42.10USD
22 Feb 2017
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Latest Key Developments (Source: Significant Developments)

LSV Asset Management reports 7.32 pct passive stake in Brinker International
Monday, 6 Feb 2017 03:34pm EST 

Brinker International Inc :LSV Asset Management reports a 7.32 percent passive stake in Brinker International Inc as on December 31, 2016 - SEC filing.  Full Article

Brinker International Q2 EPS $0.71 excluding items
Wednesday, 25 Jan 2017 07:26am EST 

Brinker International Inc : Brinker International reports second quarter results . Q2 gaap earnings per share $0.69 . Q2 revenue $771 million versus I/B/E/S view $786.7 million . Q2 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $3.05 to $3.15 excluding items . Q2 earnings per share $0.71 excluding items . Brinker International Inc qtrly chili's company-owned comparable restaurant sales in Q2 of fiscal 2017 decreased 3.3 percent . Brinker International Inc - "we are not satisfied with our Q2 results" . Brinker International Inc - qtrly Maggiano's comparable restaurant sales in Q2 of fiscal 2017 decreased 0.8 percent . Fy 2017 comparable restaurant sales are now estimated to be down 1.5 to 2.0 percent . Brinker International Inc qtrly total revenue $748.7 million versus $765.7 million . Says FY 2017 total revenues are now estimated to decrease approximately 2.0 to 2.5 percent on a gaap basis . Brinker International Inc - overall performance in Q2 was hurt by a much weaker-than-expected casual dining category . Brinker International - FY 2017 restaurant operating margin is now estimated to be down approximately 90 basis points year-over-year on a 52 week basis . Brinker International - have reorganized chili's restaurant operations team and certain positions at restaurant support center to streamline staffing.  Full Article

Brinker International declared quarterly dividend of $0.34 per share
Wednesday, 16 Nov 2016 09:46am EST 

Brinker International Inc :Declared quarterly dividend of $0.34 per share on common stock of company, representing a 6 percent increase over prior year.  Full Article

Brinker International reports first quarter results
Tuesday, 25 Oct 2016 07:15am EDT 

Brinker International Inc : Brinker international reports first quarter results . Q1 GAAP earnings per share $0.42 . Q1 revenue $758.5 million versus I/B/E/S view $772.2 million . Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.49 excluding items . Brinker International says qtrly Chili's company-owned comparable restaurant sales decreased 1.4 percent . Qtrly Maggiano's comparable restaurant sales decreased 0.6 percent .Chili's company-owned comparable restaurant sales decreased 1.4 percent.  Full Article

Brinker International reports closing of notes offering and accelerated share repurchase program
Friday, 23 Sep 2016 04:15pm EDT 

Brinker International Inc : Will pay BOFA $300 million in cash and will initially receive approximately 4.6 million shares of company's common stock . Entered into a $300 million accelerated share repurchase agreement .Final settlement of ASR agreement is expected to be completed by end of company's 2017 fiscal Q3.  Full Article

Brinker international announces pricing of notes offering
Tuesday, 20 Sep 2016 05:39pm EDT 

Brinker International Inc : Brinker International announces pricing of notes offering . Notes will be sold to investors at 100% of principal amount .Priced notes offering and agreed to issue, sell $350 million aggregate principal amount of 5.000% senior notes due 2024.  Full Article

Brinker International declares qtrly dividend of $0.34 per share
Thursday, 18 Aug 2016 06:28pm EDT 

Brinker International Inc :Declared a quarterly dividend of $0.34 per share on common stock of company, representing a 6 percent increase over prior year.  Full Article

Fitch downgrades Brinker to 'BB+' outlook stable
Thursday, 11 Aug 2016 10:47am EDT 

FItch ratings:Fitch downgrades Brinker to 'BB+'; outlook stable.  Full Article

Brinker International reported Q4 EPS $1.11
Thursday, 11 Aug 2016 07:15am EDT 

Brinker International Inc : Over-Year increases in fourth quarter and full fiscal year eps . Sees FY 2017 earnings per share $3.40 to $3.50 excluding items . Q4 GAAP earnings per share $1.11 . Q4 earnings per share $1.24 excluding items . Q4 earnings per share view $1.22 -- Thomson Reuters I/B/E/S . Board of directors authorized an additional $150 million in share repurchases . Plans to increase leverage in range of $250 to $300 million in near term . Brinker International Inc qtrly Maggiano's Q4 comparable restaurant sales decreased 1.7 percent . Fiscal 2017 revenues are expected to be down approximately one half percent to up one percent . Brinker International Inc sees fiscal 2017 capital expenditures of $110 to $120 million . FY2017 earnings per share view $3.43, revenue view $3.26 billion -- Thomson Reuters I/B/E/S . Brinker International Inc qtrly total revenue $881.7 million versus $764.1 million . Qtrly Chili's Q4 Company-Owned comparable restaurant sales decreased 1.8 percent . Brinker International Inc sees fiscal 2017 comparable restaurant sales are expected to increase one half to two percent . Fiscal 2017 restaurant operating margin is expected to be down approximately 50 basis points year-over-year .Fiscal 2017 free cash flow is expected to be $230 to $240 million.  Full Article

Brinker expects 2016 adj EPS to be near low end of $3.55-$3.65 range
Wednesday, 8 Jun 2016 04:30pm EDT 

Brinker International Inc : Brinker International updates fourth quarter and fiscal 2016 outlook; provides select fiscal 2017 guidance . Comparable restaurant sales growth for fiscal 2017 is expected to be in a range of 0.5 to 2.0 percent . Fiscal 2017 capital expenditures are expected to be in a range of $110 to $120 million . Brinker International Inc says company anticipates fiscal 2017 earnings per diluted share, excluding special items, to be in a range of $3.40 to $3.50 . Company continues to expect fiscal Q4 2016 comparable restaurant sales to improve from fiscal Q3 2016 results . Expect 2016 earnings per diluted share, excluding special items, to be near low end of original guidance range of $3.55 to $3.65 . FY2016 earnings per share view $3.53, revenue view $3.26 billion -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $3.47, revenue view $3.27 billion -- Thomson Reuters I/B/E/S .Sees FY 2017 earnings per share $3.40 to $3.50 excluding items.  Full Article

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BRIEF-Brinker International board declares common dividend

* Increases quarterly dividend by 6 percent to $0.34 per share Source text for Eikon: Further company coverage: