The latest trading day saw Brinker International (EAT) settling at $144.45, representing a +1.35% change from its previous close.
Zacks.com users have recently been watching Brinker International (EAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Brinker International, Inc. (EAT), owner of Chili's and Maggiano's, has achieved a remarkable turnaround under CEO Kevin Hochman's leadership since 2022. EAT's growth stems from operational efficiency, menu simplification, technology upgrades, and value-driven marketing, positioning Chili's as a top competitor in casual dining. Despite market concerns about slowing growth and macroeconomic headwinds, EAT's valuation remains highly attractive with a DCF-implied 66% upside.
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Kevin D. Hochman CEO | WSE Exchange | US1096411004 ISIN |
| US Country | 68,852 Employees | 26 Mar 2020 Last Dividend | 27 Nov 1991 Last Split | 28 Jul 1989 IPO Date |
Brinker International, Inc., with its robust portfolio of subsidiaries, stands as a prominent entity in the casual dining restaurant sphere both within the United States and on a global scale. Since its inception in 1975, the company has been dedicated to the ownership, development, operation, and franchising of its distinctive restaurant brands. It proudly presents an alluring dining experience through its well-received franchises, Chili's Grill & Bar and Maggiano's Little Italy, among others. With a strategic headquarters in Dallas, Texas, Brinker International continues to expand its culinary footprints, offering diverse and rich dining options to its clienteles worldwide.
A cornerstone of Brinker International's brand portfolio, Chili's Grill & Bar epitomizes the essence of casual dining with its extensive menu featuring a variety of burgers, ribs, and fajitas. This restaurant brand distinguishes itself with a laid-back atmosphere that caters to a wide demographic seeking quality food in a convivial setting.
Embracing the rich traditions of Italian-American cuisine, Maggiano's Little Italy offers a warm, welcoming dining experience. With a focus on serving generous portions of classic dishes, this brand promises an authentic taste of Italy, meticulously prepared with the finest ingredients and served with the warmth synonymous with Italian hospitality.
Adapting to the evolving dining preferences, Brinker International has also ventured into the world of virtual restaurants with It's Just Wings. This brand capitalizes on the rising demand for delivery-based services, offering a simple yet compelling menu centered around wings. Available exclusively through online ordering platforms, It's Just Wings serves as a testament to Brinker International's adaptability and innovative approach towards dining in the digital age.