Company Q4 comparable restaurant sales grew 5%, driven by menu pricing and higher traffic
Brinker repurchased $400 mln in shares and authorized $750 mln buyback in fiscal 2026
Result drivers
Menu pricing and traffic - Chili's sales rose in Q4 due to menu pricing and higher guest traffic
Investments in brand - Co said continued investments in food quality, service, atmosphere, menu innovation, everyday value and marketing reinforced Chili's brand strength
Cost pressures - Chili's restaurant expenses as a percentage of sales decreased due to sales leverage and lower manager bonuses, but were offset by higher beef costs and temporary produce price increases
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the restaurants & bars peer group is "buy"
Wall Street's median 12-month price target for Brinker International Inc is $205.50, about 7.2% below its August 11 closing price of $221.38
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 13 three months ago