Parent Brinker International reports 8.3% profit increase
Brinker International Inc. reported an 8.3-percent increase in profit for the March 26-ended third quarter as both its Chili’s Grill & Bar and Maggiano’s Little Italy brands reported slight increases in same-store sales.
Dallas-based Brinker owns and franchises 1,608 casual-dining restaurants, including 1,563 Chili’s and 45 Maggiano’s.
Result: $56.3 million, or 82 cents per share
% Increase: 8.3% (from $52 million, or 71 cents per share)
Result: $758.4 million
% Increase: 2.1% (from $742.7 million)
% Increase at systemwide company-owned units: 0.7%
% Increase at Chili's domestic company-owned units: 0.7%
% Increase at Chili's domestic franchisee-owned units: 0.1%
% Increase at Chili's international units: 0.6%
% Increase at Maggiano's units: 0.2%
• Brinker 2Q profit rises 6.9%
• Brinker 1Q profit rises 4.8%
• Same-store sales at NRN.com
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