Brinker International Inc
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +2.48%.
Did EAT Beat Earnings? Q4 2025 Results
Brinker International closed fiscal 2025 with a standout fourth quarter, posting adjusted EPS of $2.49 against a consensus estimate of $2.47, a beat of 0.81%, while revenue of $1.46 billion topped expectations of $1.44 billion by 1.38% and rose 21.0% year-over-year. The driving force behind the results was unmistakably Chili's, where comparable restaurant sales surged 23.7% on the strength of a 16.3% traffic increase, a rare achievement in the casual dining segment that CEO Kevin Hochman credited to menu innovation, amplified marketing investment, and value-focused advertising that kept guests returning. GAAP operating income nearly doubled to $142.70 million, and the brand's restaurant operating margin reached 18.2% for the quarter. With momentum firmly established, Brinker guided fiscal 2026 total revenues of $5.60 billion to $5.70 billion and non-GAAP diluted EPS of $9.90 to $10.50, while the Board expanded share repurchase authority to $507.00 million total, signaling confidence in the company's continued trajectory.
- Chili's comparable restaurant sales increased 23.7% in Q4, driven primarily by 16.3% traffic growth
- Menu innovation and advertising highlighting industry-leading value encouraged guest trial
- Operational improvements drove repeat guest visits
- Favorable sales mix and menu pricing contributed to revenue growth
- Sales leverage improved margins, with restaurant operating margin reaching 17.8% (non-GAAP) for the total company
- Company-owned comparable restaurant sales increased 21.3% in Q4
- System-wide comparable restaurant sales increased 19.8% in Q4
“Chili's delivered another strong quarter with sales +24% driven by traffic of +16%. We now have delivered a Q4 2 year sales growth of +39% and 3-year of +45%. With that sustained momentum along with a strong pipeline of initiatives, we are confident in our ability to grow sales and traffic throughout Fiscal 2026. Chili's is officially back, baby back!”
Brinker International CEO, on the earnings call
Forward Guidance & Outlook
For fiscal 2026, Brinker expects total revenues of $5.60 billion to $5.70 billion, non-GAAP diluted EPS of $9.90 to $10.50, capital expenditures of $270.0 million to $290.0 million, and weighted average diluted shares of 45.0 million to 46.0 million. Management expressed confidence in the ability to grow sales and traffic throughout fiscal 2026 based on sustained momentum and a strong pipeline of initiatives.
EAT YoY Financials
EAT Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.