Skip navigation
Brinker 2Q profit rises 3.9%

Brinker 2Q profit rises 3.9%

Chili’s, Maggiano’s parent reports higher same-store sales

Brinker International Inc.’s net income increased 3.9 percent for the second quarter ended Dec. 24, the company said Wednesday.

The Dallas-based casual-dining operator, parent to the Chili’s Grill & Bar and Maggiano’s Little Italy chains, said same-store sales increased 3.5 percent systemwide, rising 4 percent at company-owned Chili’s restaurants on traffic gains of 2.1 percent.

“We've seen our sales and traffic driving strategies take hold, which gives us a great deal of optimism about continuing our positive momentum,” Wyman Roberts, Brinker’s CEO and president, said in a statement.

As of Dec. 24, Brinker owned, operated or franchised 1,634 restaurants, with 1,585 units Chili’s and 49 Maggiano's locations.
 

2Q NET INCOME

Result: $41.3 million, or 64 cents per share
% Increase: 3.9% (from $39.7 million, or 58 cents per share)

2Q REVENUE

Result: $742.9 million
% Increase: 5.3% (from $705.7 million)

2Q SAME-STORE SALES

% Increase systemwide: 3.5%


% Increase Chili’s domestic: 4.2%


% Increase Chili’s franchised: 3.2%


% Increase Chili’s corporate: 4%


% Increase Maggiano's: 2.3%


Source: Company report



RELATED:
Brinker 4Q net income declines 37.8%
Chili’s, Maggiano’s 3Q same-store sales rise
More restaurant finance news

Contact Ron Ruggless at [email protected]
Follow him on Twitter: @RonRuggless

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish