Chili’s Owner Brinker International Revenue and Profit Rise
Brinker International posted better-than-expected revenue and profit in its fiscal fourth quarter, led by a surge in sales at its Chili's restaurants.
Its shares rose 6.5% to $165 in premarket trading. The stock is up 17% on the year.
The casual dining restaurant company, which houses the Chili's and Maggiano's banners, also guided for fiscal year results ahead of Wall Street's estimates.
Brinker expects revenue to be between $5.6 billion and $5.7 billion as well as adjusted earnings per-share in the...
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