Brinker International Inc. reported Wednesday a 6.9-percent increase in profit for the second quarter ended Dec. 25.
The casual-dining operator’s net income rose to $39.7 million, or 58 cents per share, from $37.2 million, or 50 cents per share, in the prior-year period. Revenue increased 2.1 percent in the quarter, to $704.4 million from $689.8 million last year.
Same-store sales at company-owned restaurants rose 0.8 percent.
Dallas-based Brinker owns and franchises 1,557 Chili’s Grill & Bar restaurants and 45 Maggiano’s Little Italy units.
NET INCOME Result: $39.7 million, or 58 cents per share % Increase: 6.9% (from $37.2 million, or 50 cents per share)
REVENUE Result: $704.4 million % Increase: 2.1% (from $689.8 million)
% Increase at Chili's domestic company-owned units: 0.7%
% Decrease at Chili's franchised units: 0.7%
% Increase at Chili's international franchised units: 1.4%
% Increase at Maggiano's units: 0.9%
• Brinker 1Q profit rises 4.8%
• Brinker: Casual-dining recovery longer than expected
• Same-store sales at NRN.com
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