Brinker beats Q2 revenue and profit estimates, raises forecast

Brinker International

28/01/2026 11:54

Overview

Casual dining firm's fiscal Q2 revenue beat analyst expectations

Adjusted EPS for fiscal Q2 beat analyst expectations

Company repurchased $100 mln of common stock during the quarter

Outlook

Brinker raises fiscal 2026 revenue guidance to $5.76 bln - $5.83 bln

Company revises fiscal 2026 net income per share guidance to $10.45 - $10.85

Brinker lowers fiscal 2026 capital expenditures to $250 mln - $260 mln

Result Drivers

CHILI'S PERFORMANCE - Chili's saw a 9% growth in comparable sales, driven by menu enhancements, competitive pricing, and improved guest experiences

MAGGIANO'S STRATEGY - Maggiano's focused on 'Back to Maggiano's' strategy to improve performance through food, service, and atmosphere enhancements

MARGIN IMPROVEMENT - Company improved margins at Chili's supported by higher sales and ongoing investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.45 bln
$1.41 bln (17 Analysts)
Q2 Adjusted EPS
Beat
$2.87
$2.62 (20 Analysts)
Q2 EPS
$2.86
Q2 Like-For-Like Growth
7.50%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Brinker International Inc is $180.00, about 14.4% above its January 27 closing price of $157.29

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn1k7d9la

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)