NYSE$EAT

Brinker Intl. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Brinker International reported solid progress against its strategy to deliver profitable, sustainable growth in Q4 2024. The company significantly outperformed the industry in both sales and traffic while maintaining record high guest metrics.

Brinker International reported Q4 2024 financial results, with company sales increasing to $1,196.5 million compared to $1,064.8 million in Q4 2023. Comparable restaurant sales increased by 13.5%, with Chili’s up 14.8% and Maggiano’s up 2.5%. Diluted net income per share was $1.24, and diluted net income per share, excluding special items, was $1.61.

  • Company sales were $1,196.5 million in the fourth quarter of fiscal 2024 compared to $1,064.8 million in the fourth quarter of fiscal 2023.
  • Comparable restaurant sales increased 13.5%, with Chili’s increasing 14.8% and Maggiano’s increasing 2.5%.
  • Diluted net income per share was $1.24 in the fourth quarter of fiscal 2024, compared to $1.19 in the fourth quarter of fiscal 2023.
  • Diluted net income per share, excluding special items (non-GAAP), was $1.61 in the fourth quarter of fiscal 2024, compared to $1.39 in the fourth quarter of fiscal 2023.

Headline financials

Total Revenue

$1.21B

Previous: $1.08B+12.3%
EPS (adj)

$1.61

Previous: $1.39+15.8%
Restaurant operating margin

$15.20

Previous: $13.40+13.4%
Chili’s comp sales

14.8%

No prior period
Maggiano’s comp sales

2.5%

No prior period
Chili’s US franchise comp sales

14.5%

No prior period
Chili’s Intl franchise comp sales

0.5%

No prior period
System-wide comp sales

11.9%

No prior period
Capital Expenditures

-$58M

Previous: $48.3M-220.1%
Net Income

$57.3M

Previous: $54.2M+5.7%
Operating Income

$73.1M

Previous: $59.3M+23.3%
Gross Profit

$149M

Previous: $153M-2.9%
Stock-Based Comp

$9.4M

Previous: $4.1M+129.3%

Revenue & EPS history

Brinker Intl. · Revenue · Quarterly

$1.21B

Q4 2024+12.3%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Brinker Intl. · $1.01B total across 2 segments · Q1 2024

  • Chili's
    $908M+8.0%
  • Maggiano's
    $104M-1.0%

Forward guidance

Total revenues are expected to be in the range of $4.55 billion - $4.62 billion; Net income per diluted share, excluding special items, non-GAAP, is expected to be in the range of $4.35 - $4.75.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+4.3%

Avg return

30 days after

37%

25 / 67 earnings

Positive

+21.6%

Q3 2020

Best reaction

-14.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.9%+8.5%+9.5%
Q2 2026-0.5%+3.1%-5.8%
Q1 2026-7.3%-15.5%+23.8%
Q3 2025-14.8%-17.2%+4.9%
Q2 2025+16.3%+22.3%+6.6%
Q1 2025+5.9%+11.3%+36.3%
Q4 2024-4.7%-3.3%-0.0%
Q3 2024+10.7%+10.7%+40.6%
Q2 2024+13.1%+8.5%+13.6%
Q1 2024-0.2%+3.2%+10.7%
Q4 2023-8.6%-7.5%-13.6%
Q3 2023-3.2%-8.2%-0.9%
Q2 2023+2.6%+2.3%-2.0%
Q1 2023-9.3%-10.9%-1.0%
Q4 2022-5.7%-14.3%-15.9%
Q3 2022-12.3%-20.6%-24.2%
Q2 2022+7.2%+12.2%+6.0%
Q1 2022+2.3%+4.7%-15.7%
Q4 2021-0.5%+2.9%-1.6%
Q3 2021+8.5%-0.7%-6.4%
Q2 2021-4.3%-2.5%+9.6%
Q1 2021+3.0%+2.6%+21.3%
Q4 2020+21.6%+23.3%+44.5%
Q3 2020+21.6%+4.4%+37.7%
Q2 2020-0.2%-6.5%-21.6%
Q1 2020-1.4%+2.2%-0.7%
Q4 2019-6.9%-3.5%+5.9%
Q3 2019-4.2%-0.5%-11.7%
Q2 2019-11.3%-12.8%-3.5%
Q1 2019-0.6%+4.0%+22.6%
Q4 2018-1.6%+0.3%+6.4%
Q3 2018+6.5%+1.5%+0.3%
Q2 2018-3.2%-3.8%-8.0%
Q1 2018+4.1%+8.7%+17.3%
Q4 2017+3.1%+3.1%-10.9%
Q3 2017-0.5%-2.8%-11.7%
Q2 2017-7.1%-4.7%-9.8%
Q1 2017-8.4%-7.8%+5.9%
Q4 2016+15.2%+16.0%+8.3%
Q3 2016-6.1%
Q2 2016+1.0%
Q1 2016-7.3%
Q4 2015-5.2%
Q3 2015-3.5%
Q2 2015-2.7%
Q1 2015-5.9%
Q4 2014+2.5%
Q3 2014-4.2%
Q2 2014+7.6%
Q1 2014-0.2%
Q4 2013+8.9%
Q3 2013-3.0%
Q2 2013-2.2%
Q1 2013-10.0%
Q4 2012+2.8%
Q3 2012-1.0%
Q2 2012+0.7%
Q1 2012-3.8%
Q2 2010+1.9%
Q4 2009+1.9%
Q4 2011+1.9%
Q3 2011-0.4%
Q3 2010-0.4%
Q2 2011-1.2%
Q4 2010-1.7%
Q1 2011-1.7%
Q1 2010-1.7%

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