Brinker gains after lifting annual forecast, upbeat results

Brinker International

28/10/2026 12:46

** Shares of casual dining chain Brinker International EAT.N rise 5.7% to $207.80 premarket
** Raises FY27 adj. EPS forecast to $13.30-$13.90, from previous forecast of $12.60-$13.40
** Sees FY27 revenue in the range of $6.23 billion-$6.33 billion, up from prior outlook of $6.15 billion-$6.27 billion
** Co posts Q1 revenue and adj. EPS of $1.48 billion and $2.77, respectively, beating analysts' estimates of $1.46 billion and $2.45 — LSEG data
** Upbeat results driven by industry-leading value, effective marketing and continued investments that attract new and returning guests — CEO Kevin Hochman
** 20 of 23 brokerages rate the stock "buy" or higher and 3 "hold"; median PT is $275 — LSEG data
** As of last close, stock up 37.1% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))