Analysts expect improved margins, but slow sales in 2Q report
Brinker International Inc.’s back-of-house cost-cutting initiatives and recent menu promotions will be garnering analysts’ attention when the parent company of Chili’s Grill & Bar reports its second-quarter earnings Tuesday. Destin Tompkins, a securities analyst with Morgan Keegan, said Monday he would be listening for Brinker to offer perspective on two new menu initiatives that debuted earlier this month at the 1,500-unit Chili’s. Chili’s expanded its ...
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