Brinker Q1 Comparable Restaurant Sales Increase 5.8%, With Increase Of 6.1% For Chili's And 2.6% For Maggiano's
Portfolio Pulse from Benzinga Newsdesk
Brinker International, Inc. reported a 5.8% increase in Q1 comparable restaurant sales. The company's Chili's and Maggiano's brands saw increases of 6.1% and 2.6% respectively.
November 01, 2023 | 10:50 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Brinker International, Inc. (EAT) reported a positive Q1 with comparable restaurant sales increasing by 5.8%. Chili's and Maggiano's, two of the company's brands, saw increases of 6.1% and 2.6% respectively.
The reported increase in Q1 comparable restaurant sales for Brinker International, Inc. is a positive indicator of the company's performance. This is likely to be viewed favorably by investors and could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100