Brinker International reports first quarter results

Brinker International, Inc., announced results for the fiscal first quarter ended September 26, 2018. Highlights include the following: • Earnings per diluted share, on a GAAP basis, in...

March 13, 2025
1 minute read

Brinker International, Inc., announced results for the fiscal first quarter ended September 26, 2018.

Highlights include the following:

• Earnings per diluted share, on a GAAP basis, in the first quarter of fiscal 2019 increased 220.0% to $0.64 compared to $0.20 in the first quarter of fiscal 2018 primarily driven by the net gain recognized on sale leaseback transactions during the first quarter of fiscal 2019

• Earnings per diluted share, excluding special items, in the first quarter of fiscal 2019 increased 11.9% to $0.47 compared to $0.42 in the first quarter of fiscal 2018 (see non-GAAP reconciliation below)

• Brinker International’s Company sales in the first quarter of fiscal 2019 increased 1.6% to $728.3 million compared to the first quarter of fiscal 2018. Total revenues in the first quarter of fiscal 2019 increased 1.9% to $753.8 million compared to the first quarter of fiscal 2018

“Brinker’s strong performance this quarter is the result of the continued execution of our strategy to drive traffic and gain market share,” said Wyman Roberts, Chief Executive Officer and President. “We are committed to delivering a quality guest experience while offering a compelling value proposition, a combination we believe is key to our long term success.”

To access full article and financial information directly from the company,
click here.

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