DALLAS Brinker International Inc., parent to the Chili’s Grill & Bar chain, reported on Tuesday a 36.8-percent drop in its first quarter profit because of sales pressures and higher commodity prices. Brinker’s profit for the quarter ended Sept. 24 dropped to $23.8 million, or 23 cents per share, from $37.6 million, or 34 cents per share, a year ago. Revenues fell 6.7 percent to $984.4 million, on negative same-store sales, the sale of 76 corporate restaurants to franchisees and 49 ...
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