Discover how Brinker International Inc (EAT) achieved significant financial and operational milestones in the third quarter of fiscal 2024.
Shares of casual restaurant chain Brinker International (NYSE:EAT) jumped 8.5% in the morning session after the company reported first quarter results. Despite in line same store sales and a slight miss on the revenue line, Brinker International beat analysts' gross margin and EPS expectations. Looking ahead, the company raised its full-year revenue and earnings guidance, both of which now exceeded Wall Street's estimates. Overall, we think this was a solid quarter that should satisfy shareholde
Although the revenue and EPS for Brinker International (EAT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.