DALLAS Brinker International Inc. has cut its first quarter and full-year earnings guidance and now expects annual per-share earnings to fall between 15 and 25 percent from a year earlier because of increased operating costs and slowed sales at all of the casual-dining giant’s chains. For the company’s first fiscal quarter ended Sept. 24, same-store sales fell 3 percent at Chili’s Grill and Bar, 3.3 percent each at On The Border and at Maggiano’s, and 9 percent at Macaroni Grill. ...
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Contact: Desiree Torres Desiree.Torres@penton.com