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

Reuters
Jan 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;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10