Brinker International rises after lifting full-year sales, profit forecasts

Brinker International

29/01/2025 13:34

** Chilli's operator Brinker International's  EAT.N  shares
rise 12.99% to $174.70 premarket
    ** Co now forecasts full-year revenue between $5.15 bln and
$5.25 bln, from the prior range of $4.70 bln to $4.75 bln 
    ** EAT forecasts full-year adjusted earnings per share
between $7.50 and $8.00, from the prior range of $5.20 to $5.50
    ** Q2 revenue grows by 26.5% to $1.36 mln from a year ago,
beating analysts' estimates of $1.24 mln, according to data
compiled by LSEG
    ** Q2 comparable restaurant sales increase by 27.4%, with
Chilli's comparable restaurant sales growing 31.4%
    ** Co says Chilli's sales rose primarily due to higher
traffic, favorable menu items and pricing
    ** EAT stock more than tripled in 2024

 (Reporting by Aamir Sohail in Bengaluru)
 ((Aamir.Sohail@thomsonreuters.com;))