Brinker Shares Fall On Q4 Bottom-Line Miss, Downbeat FY23 Forecast
Brinker International Inc (NYSE: EAT ) reported fourth-quarter FY22 sales growth of 1.2% year-on-year to $1.02 billion, in line with the consensus. Comparable restaurant sales rose 3.1% for Brinker, 0.3% for Chili''s, and 30.1% for Maggiano''s. Operating margin compressed 560 basis points to 4.4%, and … Full story available on Benzinga.com
Brinker Shares Fall On Q4 Bottom-Line Miss, Downbeat FY23 Forecast
Brinker International Inc (NYSE: EAT ) reported fourth-quarter FY22 sales growth of 1.2% year-on-year to $1.02 billion, in line with the consensus. Comparable restaurant sales rose 3.1% for Brinker, 0.3% for Chili''s, and 30.1% for Maggiano''s. Operating margin compressed 560 basis points to 4.4%, and … Full story available on Benzinga.com