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McDonald's hefty expansion plans helped to boost sales in Q1.
Casual restaurant chain Brinker International (NYSE:EAT) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 3.4% year on year to $1.12 billion. The company's outlook for the full year was also close to analysts' estimates with revenue guided to $4.34 billion at the midpoint. Its non-GAAP profit of $1.24 per share was flat year on year.