Brinker International Inc.’s net income increased 3.9 percent for the second quarter ended Dec. 24, the company said Wednesday.
The Dallas-based casual-dining operator, parent to the Chili’s Grill & Bar and Maggiano’s Little Italy chains, said same-store sales increased 3.5 percent systemwide, rising 4 percent at company-owned Chili’s restaurants on traffic gains of 2.1 percent.
“We've seen our sales and traffic driving strategies take hold, which gives us a great deal of optimism about continuing our positive momentum,” Wyman Roberts, Brinker’s CEO and president, said in a statement.
As of Dec. 24, Brinker owned, operated or franchised 1,634 restaurants, with 1,585 units Chili’s and 49 Maggiano's locations.
2Q NET INCOME
Result: $41.3 million, or 64 cents per share% Increase: 3.9% (from $39.7 million, or 58 cents per share)
2Q REVENUE
Result: $742.9 million% Increase: 5.3% (from $705.7 million)
2Q SAME-STORE SALES
% Increase systemwide: 3.5%
% Increase Chili’s domestic: 4.2%
% Increase Chili’s franchised: 3.2%
% Increase Chili’s corporate: 4%
% Increase Maggiano's: 2.3%
Source: Company report
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