Brinker International Inc. reported Tuesday a 12.1-percent increase in net income for the Sept. 24-ended first quarter, and slight increases in traffic at both of its casual-dining brands.
The Dallas-based company said same-store sales rose during the quarter and included traffic increases of 0.1 percent at is company-owned Chili’s Grill & Bar restaurants and 0.9 percent at Maggiano’s Little Italy units.
Brinker owns and franchise 1,574 Chili’s restaurants and 48 Maggiano’s units.
1Q NET INCOME
Result: $32.7 million, 49 cents per share% Increase: 12.1% (from $29.2 million, or 42 cents per share)
1Q REVENUE
Result: $711 million% Increase: 3.8% (from $784.7 million)
1Q SAME-STORE SALES
% Increase systemwide: 2.4%
% Increase Chili's corporate: 2.6%
% Increase Chili's franchised: 1%
% Increase Maggiano's Little Italy: 0.6%
Source: Company report
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• Brinker 2Q profit rises 6.9%
• More restaurant finance news
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