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Sep 25, 2024
Brinker Intl. Q1 2025 Earnings Report
Announced financial results for the first quarter ended September 25, 2024.
Key Takeaways
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.
Company sales were $1,127.3 million in the first quarter of fiscal 2025 compared to $1,002.0 million in the first quarter of fiscal 2024.
Comparable restaurant sales increased 13.0%, with an increase in comparable restaurant sales of 14.1% for Chili’s and 4.2% for Maggiano’s.
Higher Company sales resulted in operating income margin increasing to 5.0% and restaurant operating margin (non-GAAP) increasing to 13.5% for the first quarter.
Chili’s franchisees generated sales of $225.7 million for the first quarter of fiscal 2025 compared to $202.8 million for the first quarter of fiscal 2024.
Brinker Intl.
Brinker Intl.
Forward Guidance
Total revenues are expected to be in the range of $4.70 billion - $4.75 billion; and Net income per diluted share, excluding special items, non-GAAP, is expected to be in the range of $5.20 - $5.50.