{"id":843153,"date":"2025-04-29T06:48:42","date_gmt":"2025-04-29T10:48:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brinker-international-reports-third-quarter-of-fiscal-2025-results-and-updates-fiscal-2025-guidance\/"},"modified":"2025-04-29T06:48:42","modified_gmt":"2025-04-29T10:48:42","slug":"brinker-international-reports-third-quarter-of-fiscal-2025-results-and-updates-fiscal-2025-guidance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brinker-international-reports-third-quarter-of-fiscal-2025-results-and-updates-fiscal-2025-guidance\/","title":{"rendered":"BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2025 RESULTS AND UPDATES FISCAL 2025 GUIDANCE"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n
\n DALLAS<\/span>
\n <\/span>, April 29, 2025<\/span><\/span> \/PRNewswire\/ — Brinker International, Inc. (NYSE: EAT) today announced its financial results for the third quarter ended March\u00a026, 2025.<\/p>\n

\n

\n
\n \"Brinker
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Third Quarter Fiscal 2025 Financial Highlights<\/b>\n <\/p>\n

“Chili’s delivered another positive quarter in our turnaround with +31% same store sales driven by +21% traffic,” said Kevin Hochman<\/span>, President & CEO of Brinker International. “Our continued progress on the fundamentals of great food, great service in a fun, friendly atmosphere is clearly winning with guests.”<\/p>\n

Company sales were $1,413.0 million<\/span> in the third quarter of fiscal 2025 compared to $1,108.9 million<\/span> in the third quarter of fiscal 2024. Comparable restaurant sales increased 28.2%, with an increase in comparable restaurant sales of 31.6% for Chili’s and 0.4% for Maggiano’s. Chili’s sales growth this quarter was driven primarily by continued increases in traffic, supported by advertising that highlights our industry-leading value and encourages guest trial. Operational improvements also contributed, helping to drive repeat visits. Leveraging these higher sales, we saw improved margins, accelerated investments in the business and the repayment of an additional $125.0 million<\/span> in funded debt. These efforts led to an increase in operating income margin to 11.0% and a rise in restaurant operating margin (non-GAAP) to 18.9% for the third quarter. Additionally, General and administrative expenses during the third quarter of fiscal 2025 increased primarily due to higher incentive compensation and recent technology initiatives.<\/p>\n

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\n Financial results for the third quarter of fiscal 2025 and fiscal 2024 were as follows:<\/i>
\n <\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n

\n
\n Third Quarter<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n Variance<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Company sales<\/span>\n <\/p>\n<\/td>\n

\n

\n $ 1,413.0<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $ 1,108.9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 304.1<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total revenues<\/span>\n <\/p>\n<\/td>\n

\n

\n $ 1,425.1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $ 1,120.3<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 304.8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Operating income<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 156.9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 69.9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 87.0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Operating income as a % of Total revenues<\/span>\n <\/p>\n<\/td>\n

\n

\n 11.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 6.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 4.8\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restaurant operating margin, non-GAAP(1)<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 266.8<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 157.1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 109.7<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restaurant operating margin as a % of Company sales, non-GAAP(1)<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n 18.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 14.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 4.7\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net income<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 119.1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 48.7<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 70.4<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjusted EBITDA, non-GAAP(1)<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0 220.6<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 122.4<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 98.2<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Net income per diluted share<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 2.56<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1.08<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1.48<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net income per diluted share, excluding special items, non-GAAP(1)<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 2.66<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1.24<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1.42<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n
\n Comparable Restaurant Sales(2)<\/sup><\/i>
\n <\/b>\n <\/p>\n

\n\n\n\n\n\n
\n \n <\/td>\n\n

\n
\n Q3:25 vs 24<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Brinker<\/span>\n <\/p>\n<\/td>\n

\n

\n 28.2\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Chili’s<\/span>\n <\/p>\n<\/td>\n

\n

\n 31.6\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Maggiano’s<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.4\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n (1) <\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n See Non-GAAP Information and Reconciliations section below for more details.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n (2) <\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n Comparable Restaurant Sales include restaurants that have been in operation for more than 18 full months. Restaurants temporarily closed for 14 days or more are excluded from comparable restaurant sales. Percentage amounts are calculated based on the comparable periods year-over-year.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Updates to Full Year Fiscal 2025<\/b>
\n \u00a0Guidance<\/b>\n <\/p>\n

We are providing the following updated guidance for fiscal 2025. Our revenue guidance is based on sustained elevated sales levels consistent with the Company’s recent trends. A moderation in sales or the risks outlined in the Forward-Looking Statements paragraph of this press release, among other risks, could cause actual results to differ materially from forecasted results.<\/p>\n