Recent Updates — EAT

Brinker International announced long-term financial targets through fiscal 2029 during its Investor Day on September 17, 2026. The company outlined plans for 4% to 6% annual revenue growth and double-digit annual percent growth in net income per diluted share, excluding special items. Operational goals include ramping up unit growth to 30 new restaurants annually across significant new trade areas by fiscal 2029. Additionally, Brinker intends to repurchase 3% to 5% of its shares annually, subject to board approval under the existing program. The casual dining restaurant company operates Chili’s Grill & Bar and Maggiano’s Little Italy.

Brinker International reported fourth-quarter fiscal 2026 total revenues of $1,535.8 million and net income per diluted share of $2.99, representing a 30.0% increase year-over-year. The company also announced full-year fiscal 2027 guidance projecting total revenues between $6.15 billion and $6.27 billion and non-GAAP net income per diluted share between $12.60 and $13.40. Additionally, the Board authorized an additional $718.0 million in share repurchases under its existing program, bringing total available authority to $750.0 million. Brinker International operates as a leading casual dining restaurant company, owning and franchising Chili’s Grill & Bar and Maggiano’s Little Italy.

On June 16, 2026, Brinker International, Inc. issued a notice to redeem all outstanding 8.250% Senior Notes due July 15, 2030. The redemption is scheduled for July 15, 2026, at a price of 104.125% of the principal amount plus accrued and unpaid interest. The company operates in the restaurant industry, owning and operating Chili's Grill & Bar and Maggiano's Little Italy.