BUZZ-Brinker International climbs after FY26 revenue, profit forecast raise

Reuters
01/28
BUZZ-Brinker International climbs after FY26 revenue, profit forecast raise

** Shares of Chili's Grill & Bar operator Brinker International EAT.N rise 4.9% to $165 premarket

** Co raises full-year 2026 revenue forecast to between $5.76 bln and $5.83 bln, from prior range of $5.60 bln to $5.70 bln

** Raises forecast for FY 26 adj.EPS to $10.45 - $10.85 from $9.90 - $10.50

** Updated forecast reflects a stronger performance for Chili's driven by menu enhancements, competitive pricing, and improved guest experiences - co

** 16 of 23 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $180- LSEG data

** Up to last close, EAT up 9.5% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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