Brinker Q4 revenue slightly beats on higher menu pricing, guest traffic

Brinker International

12/08/2026 11:57

Overview
U.S. casual dining operator's Q4 revenue slightly beat analyst expectations, adjusted EPS missed
Company Q4 comparable restaurant sales grew 5%, driven by menu pricing and higher traffic
Brinker repurchased $400 mln in shares and authorized $750 mln buyback in fiscal 2026

Outlook
Brinker sees fiscal 2027 total revenues of $6.15 bln to $6.27 bln
Company expects fiscal 2027 net income per diluted share, excluding special items, of $12.60-$13.40
Brinker forecasts fiscal 2027 capital expenditures of $265 mln to $285 mln

Result Drivers
MENU PRICING AND TRAFFIC - Chilis sales rose in Q4 due to menu pricing and higher guest traffic
INVESTMENTS IN BRAND - Co said continued investments in food quality, service, atmosphere, menu innovation, everyday value and marketing reinforced Chilis' brand strength
COST PRESSURES - Chilis restaurant expenses as a percentage of sales decreased due to sales leverage and lower manager bonuses, but were offset by higher beef costs and temporary produce price increases

Company press release: ID:nPn1kwCvxa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Total Revenue
Slight Beat*
$1.54 bln
$1.53 bln (16 Analysts)
Q4 Adjusted EPS
Miss
$3.07
$3.09 (19 Analysts)
Q4 EPS
 
$2.99
 
Q4 Like-For-Like Growth
 
5.00%
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 5 "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 $205.50, about 7.2% below its August 11 closing price of $221.38
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 13 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)