Brinker International Lifts 2026 EPS Estimate to $10.68 After 19th Quarter of Sales Growth
Brinker International recorded its 19th consecutive quarter of same-store sales growth, led by Chili’s 8.6% comp sales increase and 2.7% traffic growth, outpacing industry by 680 basis points. The company raised its fiscal 2026 EPS estimate to $10.68 on sustained menu innovations and restaurant remodel initiatives.
1. Same-Store Sales Momentum
Brinker International achieved its 19th consecutive quarter of positive same-store sales growth, with Chili’s reporting an 8.6% increase in comparable sales. This performance included a 2.7% rise in guest traffic, 4.4% pricing adjustments and a 1.5% mix shift, outperforming the casual dining industry by 680 basis points.
2. Menu Innovation and Remodel Initiatives
The company enhanced its core menu with items like triple-bacon cheeseburgers and a super-premium chicken sandwich lineup, while Maggiano’s restored classic dishes and increased pasta portions by 20%. Concurrently, ongoing restaurant remodels have improved atmosphere and service, encouraging repeat visits and higher check averages.
3. EPS Estimate and Financial Outlook
Brinker’s fiscal 2026 EPS forecast rose to $10.68 from $10.56 over the past 30 days, reflecting consistent earnings surprises averaging 8.2% over four quarters. Shares have declined 4.4% over the past year versus a 3.2% industry drop, and the company’s trailing 12-month ROE stands at 134.9%, well above the industry’s 22.9%.