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EAT's fiscal second-quarter margins are likely to have benefited from strategic pricing initiatives, effective cost management and a focus on higher-margin menu items.
Does Brinker International (EAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
EAT's fiscal second-quarter performance is likely to have benefited from effective marketing strategies, improved menu pricing and a favorable menu item mix.
The stock of Chili's parent Brinker has rallied so much that a longtime bull downgraded it ahead of earnings, saying valuations leave “little room for error.”
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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.
In the closing of the recent trading day, Brinker International (EAT) stood at $154.52, denoting a +1.25% change from the preceding trading day.
EAT's focus on delivering value-driven guest experiences, menu innovation and targeted marketing propel it for growth.
Citi analyst Jon Tower raised the firm's price target on Brinker to $166 from $110 and keeps a Neutral rating on the shares ahead of the fiscal Q2 report. The firm says investors continue to discuss when Chili's one-year same-store-sale performance will begin to decelerate. However, Citi does not believe there will be much evidence of that occurring with the Q2 update, with Chili's likely posting SSS over 20% in the quarter and continuing to speak to strength in Q3. 29 Jan
Brinker International (EAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.