Brinker International (EAT) Q1 2027 Earnings
Includes $17.6 million loss on debt extinguishment from early redemption of 8.25% notes, $2.4 million in other (gains) and charges, offset by $9.2 million adjustment for special tax items (excess tax benefits from stock-based compensation)
How Did EAT Stock React to Q1 2027 Earnings?
Did EAT Beat Earnings? Q1 2027 Results
Yes. Brinker International reported Q1 2027 earnings of $2.77 a share on Oct 28, 2026, beating the $2.43 consensus estimate by 14.1%. Revenue was $1.5B against a $1.5B estimate.
Brinker International delivered a strong fiscal first quarter of 2027, with adjusted non-GAAP diluted EPS of $2.77 beating the $2.43 consensus estimate by 14.11% and revenue of $1.48 billion edging past the $1.45 billion expected figure, up 9.4% year-over-year. The standout driver was Chili's, which posted its 22nd consecutive quarter of same-store sales growth at +10.1%, even as it lapped a demanding +21% comparable from the prior year; traffic at the brand rose 5.5% and the successful launch of the Big Crispy chicken sandwich helped sustain momentum. Company-wide comparable restaurant sales climbed 9.1%, while restaurant operating margin (non-GAAP) expanded to 17.7% from 16.2% a year ago, reflecting meaningful sales leverage. A $17.60 million loss on debt extinguishment tied to early redemption of the company's 8.25% senior notes weighed on reported results but did not obscure the underlying strength. Encouraged by the quarter's performance, Brinker raised its full-year fiscal 2027 guidance, now projecting revenues of $6.23 billion to $6.33 billion and non-GAAP diluted EPS of $13.30 to $13.90.
- Chili's 22nd consecutive quarter of same-store sales growth at +10.1%, driven by 5.5% traffic increase and 3.7% pricing
- Successful launch of Big Crispy® chicken sandwich
- Restaurant operating margin (non-GAAP) improved to 17.7% from 16.2% due to sales leverage
- Company-wide comparable restaurant sales increased 9.1%
- Chili's franchise sales increased to approximately $296.7 million from $269.5 million
“Chili's delivered its 22nd consecutive quarter of same-store sales growth, up +10%, lapping a +21% from last year and a +14% from 2024 for a 3 year cumulative comp of +52%.”
Brinker International CEO, on the earnings call
What Is Brinker International's Outlook?
Brinker raised its full-year fiscal 2027 guidance. Total revenues are now expected to be $6.23 billion to $6.33 billion, up from a prior range of $6.15 billion to $6.27 billion. Non-GAAP diluted EPS is now expected to be $13.30 to $13.90, up from $12.60 to $13.40 previously. Capital expenditures guidance remains unchanged at $265.0 to $285.0 million, and diluted weighted average shares are expected at 42.0 to 43.0 million. Fiscal 2027 includes a 53rd operating week in the fourth quarter, estimated to add approximately 2.0% to total revenues and $0.70 to non-GAAP diluted EPS.
EAT YoY Financials
| Metric | Q1 2027 | Q1 2026 | Year over year |
|---|---|---|---|
| Revenue | $1.5B | $1.3B | +9.4% |
| Gross Profit | $1.1B | $1.0B | +7.8% |
| Operating Income | $151.0M | $117.9M | +28.1% |
| Net Income | $113.3M | $99.5M | +13.9% |
EAT Revenue by Segment
When Does Brinker International Report Next?
Figures from SEC filings and company reports. Not investment advice.