News: Brinker International Inc (EAT.N)

EAT.N on New York Stock Exchange

40.95USD
1 Aug 2013
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Wed, May 8 2013

Fitch Assigns Initial 'BBB-' IDR to Brinker; Rates $550MM Proposed Notes 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, May 08 (Fitch) Fitch Ratings has assigned the following initial ratings to Brinker International, Inc. (Brinker; NYSE: EAT): --Long-term Issuer Default rating (IDR) 'BBB-'; --Bank Credit facility 'BBB-'; --Senior Unsecured Notes 'BBB-'. The Rating Outlook is Stable. Fitch has simultaneously assigned a 'BBB-' rating to Brinker's proposed $550 million issuance of notes in five-year and 10-year tranches. Proceeds will be used

Chili's parent Brinker's profit rises on lower costs

- Brinker International Inc reported quarterly profit that topped Wall Street's expectations on cost controls and a lower-than-expected tax rate, but shares fell 3.6 percent due to soft sales at its mainstay Chili's restaurants.

UPDATE 2-Chili's parent Brinker's profit rises on lower costs

* Third-quarter earnings per share $0.72 vs est $0.69 * Chili's restaurant sales slightly softer than expected * Shares down almost 4 percent April 23 - Brinker International Inc reported quarterly profit that topped Wall Street's expectations on cost controls and a lower-than-expected tax rate, but shares fell 3.6 percent due to soft sales at its mainstay Chili's restaurants. The results from Dallas-based Brinker come at a time when it and other full-service restaur

Chili's parent Brinker reports 16 percent rise in profit

- Chili's Grill & Bar parent Brinker International Inc reported a 16 percent rise in quarterly profit, helped by improved restaurant operating margins.

Chili's parent Brinker reports 16 pct rise in profit

April 23 - Chili's Grill & Bar parent Brinker International Inc reported a 16 percent rise in quarterly profit, helped by improved restaurant operating margins.

UPDATE 1-Brinker, parent of Chili's restaurants, warns on profit

Feb 27 - Chili's Grill & Bar parent Brinker International Inc on Wednesday tempered its 2013 profit forecast, saying customers will be pressured by the U.S. payroll tax hike, more expensive gasoline and delayed federal tax refund checks.

Chili's parent Brinker warns on 2013 profit

Feb 27 - Chili's Grill & Bar parent Brinker International Inc on Wednesday tempered its 2013 profit forecast, citing diners grappling with the U.S. payroll tax hike, more expensive gasoline and delayed federal tax refund checks.

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