6 stories mentioning EAT
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Frances L. Allen, Director, on June 08, 2026, sold 1,999 shares in Brinker International (EAT) for $286,777. Following the Form 4 filing with the SEC, Allen has control over a total of 13,041 common shares of the company, with 13,041 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526263950/xslF345X05/ownership.xml
Brinker International's (EAT) top end of full-year 2026 guidance seems achievable with a strong Chili's chicken sandwich launch and continued traction across sales initiatives, UBS Securities said in a note Thursday.The brokerage expects mid-single-digit same-store-sales growth and positive traffic at Chili's as reachable in fiscal Q4, with momentum likely continuing in fiscal 2027, driven by contribution from everyday value, marketing, menu enhancements, operational improvements, and remodel benefits over time, according to the note.Additional future catalysts for Brinker include accelerating unit growth, an eventual Maggiano's turnaround, strong balance sheet, and share repurchases, the brokerage said.UBS maintained a buy rating on Brinker with a price target of $190.Price: $151.10, Change: $+3.30, Percent Change: +2.23%
Brinker International (EAT) remains a compelling pick in the full-service segment and potential stock price pullbacks are good opportunities for investors to get involves, Morgan Stanley said in a Wednesday research report.The company posted in-line fiscal Q3 results, and the brokerage said double-digit earnings growth, supported by remodels and unit growth, looks plausible in the future.While Q3 same-store sales were below expectations as weather and holiday factors posed a 2.1% headwind to revenue growth, trends improved as the quarter progressed with potential mid-single-digit comps growth in April amid positive traffic, analysts wrote.For fiscal Q4, Morgan Stanley now expects adjusted EPS of $3.10 from $3.05 earlier. For the full-year fiscal 2026, it now expects adjusted EPS $12.52 from $12.37.Restaurant margins declined in Q3 from a year earlier amid rising commodity inflation and restaurant expenses, but menu innovation in 2027 is where the company could see an opportunity to drive trade-up, according to the note.The brokerage reiterated its overweight rating on the stock and boosted its price target to $207 per share from $205.Price: $150.88, Change: $+3.07, Percent Change: +2.08%
Consumer stocks were leaning lower premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.4%.Bunge Global (BG) shares were up more than 2% after the company posted higher Q1 adjusted earnings and net sales, and raised its 2026 adjusted EPS outlook.Yum China (YUMC) stock was up more than 3% after the company reported higher Q1 adjusted earnings and revenue.Brinker International (EAT) shares were up more than 9% after the company reported higher fiscal Q3 non-GAAP net income and revenue.
Brinker International (EAT) could keep growing sales and market share as Chili's benefits from value deals, better operations, unit growth, and stock buybacks, while margin pressure near-term may ease over time, UBS said in a note Friday.Chili's is expected to post solid fiscal Q3 same store sales despite poor weather, and Brinker's current strategy and leadership should help support steady growth, UBS said.The investment firm said the new chicken sandwich platform, the "3 For Me" offer, stronger marketing, and better customer experience should keep traffic and spending trends healthy, as its recent survey showed strong consumer demand for Chili's, helped by good value, better service, and improved menu items.The firm said it expects some near-term pressure on restaurant margins from inflation, marketing spending, winter storms, and labor costs; however, profit margins should improve over the longer term as cost pressure eases and sales growth and pricing continue to help results.UBS kept its buy rating and $190 price target, saying Brinker shares still have room to rise, citing solid earnings potential, faster unit growth, a strong balance sheet, and buybacks.Price: $140.63, Change: $-3.22, Percent Change: -2.24%
Brinker International (EAT) has an average rating of buy and mean price target of $187.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $140.03, Change: $-3.82, Percent Change: -2.66%