Q2 26 EPS
$2.87
BEAT +9.24%
Est. $2.63
Q2 26 Revenue
$1.45B
BEAT +2.78%
Est. $1.41B
vs S&P Since Q2 26
+5.7%
BEATING MARKET
EAT +14.0% vs S&P +8.3%
Market Reaction
Did EAT Beat Earnings? Q2 2026 Results
Brinker International turned in a notably strong second quarter of fiscal 2026, with the Chili's parent beating Wall Street on both the top and bottom lines as its flagship brand continued to demonstrate remarkable momentum. Non-GAAP earnings per sha… Read more Brinker International turned in a notably strong second quarter of fiscal 2026, with the Chili's parent beating Wall Street on both the top and bottom lines as its flagship brand continued to demonstrate remarkable momentum. Non-GAAP earnings per share came in at $2.87, clearing the $2.63 consensus estimate by 9.24%, while revenue of $1.45 billion topped expectations by 2.78% and rose 6.9% year over year. The primary engine behind the outperformance was Chili's, which posted its 19th consecutive quarter of same-store sales growth at 8.6%, extending a two-year comparable sales stack of 43% built on menu innovation, competitive pricing, and advertising that drew new guests while improved operations kept them coming back. Maggiano's remained a soft spot, with comparable sales declining 2.4%, though management's revitalization effort is underway. Buoyed by the Chili's trajectory, Brinker raised its full-year fiscal 2026 guidance to $5.76 billion to $5.83 billion in revenue and non-GAAP EPS of $10.45 to $10.85, even after absorbing an estimated $20 million revenue hit from Winter Storm Fern, a revision that has analysts broadly bullish on the stock's outlook.
Key Takeaways
- • Chili's comparable restaurant sales increased 8.6% driven by menu pricing, higher traffic, and favorable sales mix
- • 19 consecutive quarters of same-store sales growth at Chili's
- • Two-year comparable sales growth stack of +43% at Chili's
- • Traffic impact of 2.7% at Chili's and 1.4% company-wide
- • Price impact of 4.4% at Chili's and 4.6% company-owned
- • Favorable mix-shift impact of 1.5% at Chili's
- • Restaurant operating margin improved to 19.1% from 18.7% at Chili's
- • Chili's franchisee sales grew to approximately $271.9 million from $232.3 million
EAT YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
EAT Revenue by Segment
With YoY comparisons, source: SEC Filings
“Chili's delivered another strong quarter with industry-leading growth of +9%, rolling the industry-leading growth from last year for a 2-year comp sales growth of +43%.”
— Kevin Hochman, Q2 2026 Earnings Press Release
EAT Earnings Trends
EAT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
EAT EPS Trend
Earnings per share: estimate vs actual
EAT Revenue Trend
Quarterly revenue: estimate vs actual
EAT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $2.86 | $2.90 | +1.30% | $1.47B | -0.25% |
| Q2 26 BEAT | $2.63 | $2.87 | +9.24% | $1.45B | +2.78% |
| Q1 26 BEAT | $1.77 | $1.93 | +8.79% | $1.35B | +1.28% |
| Q4 25 BEAT FY | $2.47 | $2.49 | +0.76% | $1.46B | +10.91% |
| FY Full Year | $8.87 | $8.90 | +0.35% | $5.38B | +0.37% |
| Q3 25 BEAT | $2.57 | $2.66 | +3.59% | $1.43B | +2.67% |