DALLAS Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker, which also operates the Maggiano’s Little Italy chain and is in the process of selling its On The Border division, said net income was $40.0 million, or 39 cents a share, in the third quarter, which ended March 24, compared with year-ago profit of $35.0 million, or 34 cents a share. The company said latest-quarter earnings were helped by lowered income tax expense.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Third-quarter revenue declined 7.8 percent to $713.4 million, compared with $774.1 million in the same quarter last year. With closures since last year’s quarter, Brinker had seven net fewer domestic Chili’s and four fewer On The Border units.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Same-store sales in the third quarter fell 5.0 percent at Chili’s and but rose 1.9 percent at Maggiano’s for a systemwide same-store dip of 4.2 percent. In the same quarter last year, same-store sales were down 5.2 percent at Chili’s and down 9.5 percent at Maggiano’s for a systemwide decline of 5.7 percent.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Chili’s late last year ended its bundled three-course meal for $20 promotion and introduced a pared-down menu that it said would improve margins.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
In March, Brinker said it was selling the 149-unit On the Border Mexican Grill & Cantina chain to Golden Gate Capital, a private-equity firm in San Francisco, for $180 million. In 2008, Brinker shed a majority stake in its Romano’s Macaroni Grill chain in a sale to Golden Gate.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
As of March 24 in the United States, Brinker had 1,293 Chili’s, and 44 Maggiano’s. Company executives recently said they were putting more emphasis on international expansion, where it currently has 206 Chili’s, 11 On the Border units and one Maggiano’s location.Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
EARLIER:Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Contact Ron Ruggless at [email protected].Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.
