Brinker posted a robust Q4 with revenue up 21% and EPS nearly doubling year-over-year. Chili’s traffic drove comparable sales gains, boosting margins and net income.
Brinker International delivered a strong third quarter of fiscal 2025, with total revenues increasing significantly due to robust comparable restaurant sales, particularly at Chili's. The company achieved substantial improvements in operating income and net income, reflecting sales leverage and enhanced restaurant operating margins. This performance allowed for accelerated investments and debt repayment.
Brinker International reported strong second-quarter results for fiscal year 2025, with company sales increasing to $1,346.1 million and comparable restaurant sales up by 27.4%. Chili's led the growth with a 31.4% increase in comparable sales, driven by new and returning guests. The company's operating income margin rose to 11.5%, and restaurant operating margin (non-GAAP) reached 19.1%.
Brinker International reported strong first quarter fiscal 2025 results, with company sales increasing to $1,127.3 million and comparable restaurant sales up by 13.0%. The increase in comparable restaurant sales at Chili’s was primarily due to menu pricing and higher traffic.
Brinker International reported Q4 2024 financial results, with company sales increasing to $1,196.5 million compared to $1,064.8 million in Q4 2023. Comparable restaurant sales increased by 13.5%, with Chili’s up 14.8% and Maggiano’s up 2.5%. Diluted net income per share was $1.24, and diluted net income per share, excluding special items, was $1.61.
Brinker International reported a strong third quarter in fiscal year 2024, with company sales increasing to $1,108.9 million compared to $1,072.9 million in the third quarter of fiscal 2023. Comparable restaurant sales increased by 3.3%, driven by Chili's and Maggiano's. Net income was $48.7 million, with a diluted net income per share of $1.08.
Brinker International's Q2 2024 results were driven by effective marketing and pricing strategies, with comparable restaurant sales increasing by 5.2%. Operating income margin increased to 5.8%, and restaurant operating margin (non-GAAP) increased to 13.1%.
Brinker International reported a strong start to fiscal year 2024, with increased company sales and favorable food and beverage costs driving improved financial results. Net income per diluted share was $0.16, compared to a net loss per diluted share of $0.69 in the same quarter last year. Comparable restaurant sales increased by 5.8%, with Chili's and Maggiano's showing positive growth.
Brinker International reported positive financial results for the fourth quarter of fiscal year 2023, with increased net income per diluted share and comparable sales. The company's performance was driven by factors such as menu pricing, favorable food and beverage costs, and favorable income taxes.
Brinker International reported a rise in company sales for Q1 2023, reaching $946.1 million compared to $865.6 million in Q1 2022. However, the company experienced an operating loss of $19.8 million, a significant shift from the $25.6 million operating income in the same quarter last year. This downturn was primarily attributed to increased food and beverage costs, especially chicken and beef pricing. Restaurant operating margin also declined to 6.0% from 11.0% year-over-year, impacted by commodity price inflation.
Brinker International reported Q4 fiscal year 2022 results, with company sales slightly decreasing to $987.4 million compared to $990.9 million in Q4 2021. Operating income significantly decreased to $44.7 million from $100.6 million year-over-year, primarily due to higher commodity and labor costs. Net income per diluted share was $0.90, down from $1.58 in the same period last year.
Brinker International's Company sales increased to $960.6 million compared to $813.7 million in the third quarter of fiscal 2021. Net income per diluted share increased to $0.81 as compared to $0.73 in the third quarter of fiscal 2021.
Brinker International's Company sales in the second quarter of fiscal 2022 increased to $904.5 million as compared to $746.2 million in the second quarter of fiscal 2021. Net income per diluted share, on a GAAP basis, in the second quarter of fiscal 2022 increased to $0.60 as compared to $0.26 in the second quarter of fiscal 2021.
Brinker International reported increased Company sales and operating income for the first quarter of fiscal year 2022. Company sales rose to $859.6 million, and operating income increased to $25.6 million. Net income per diluted share also increased to $0.28.
Brinker International reported a strong fourth quarter for fiscal year 2021, with increased company sales, operating income, and net income per diluted share compared to the previous year. The company's multi-channel sales strategy and traffic-driven share gains contributed to outperformance of pre-pandemic sales and margin results.
Brinker International reported increased operating income and restaurant operating margin for the third quarter of fiscal 2021. Chili's Company sales increased slightly, while Maggiano's Company sales decreased. The company provided revenue and net income per diluted share guidance for the fourth quarter of fiscal 2021.
Brinker International reported a decrease in net income per diluted share on a GAAP basis, a decline in total revenues due to COVID-19 impacts, and a decrease in operating income. Increased off-premise sales partially offset the revenue decline. Approximately 82% of Chili’s and 69% of Maggiano’s restaurants were operating with open dining rooms as of January 20, 2021.
Brinker International reported a decrease in total revenues due to capacity limitations and safety preferences, offset by increased off-premise sales and the acquisition of Chili's restaurants. However, the company returned to positive earnings in Q1.
Brinker International reported a decrease in total revenues by 32.5% and a net loss of $49.2 million for the fourth quarter of fiscal year 2020, impacted by the COVID-19 pandemic, which was partially offset by the acquisition of 116 Chili’s restaurants and increased off-premise sales.
Brinker International reported a decrease in earnings per diluted share on a GAAP basis, primarily due to reduced traffic and incremental expenses related to COVID-19, partially offset by reduced performance-based compensation expenses. Company sales increased due to the acquisition of Chili's restaurants, but comparable restaurant sales experienced significant declines due to the COVID-19 pandemic.
Brinker International reported an increase in total revenues by 9.9% to $869.3 million and an increase in company sales by 11.3% to $847.5 million. The adjusted EPS increased by 13.5% to $1.01.