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Insider Trading

Brinker International Insider Sold Shares Worth $5,759,750, According to a Recent SEC Filing

Joseph Michael DePinto, Director, on August 28, 2026, sold 25,000 shares in Brinker International (EAT) for $5,759,750. Following the Form 4 filing with the SEC, DePinto has control over a total of 77,812 common shares of the company, with 77,812 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526377137/xslF345X05/ownership.xml

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Insider Trading

Brinker International Insider Sold Shares Worth $2,403,700, According to a Recent SEC Filing

James M Butler, Senior Vice President, Chief Supply Chain Officer, on August 21, 2026, sold 10,000 shares in Brinker International (EAT) for $2,403,700. Following the Form 4 filing with the SEC, Butler has control over a total of 9,064 common shares of the company, with 9,064 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526363638/xslF345X05/ownership.xml

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Research

Baird Initiates Brinker International at Outperform With $325 Price Target

Brinker International (EAT) has an average rating of overweight and mean price target of $273.05, according to analysts polled by FactSet.

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Insider Trading

Brinker International Insider Sold Shares Worth $9,656,400, According to a Recent SEC Filing

Kevin Hochman, Director, President & Chief Executive Officer, on August 13, 2026, sold 40,000 shares in Brinker International (EAT) for $9,656,400. Following the Form 4 filing with the SEC, Hochman has control over a total of 184,090 common shares of the company, with 184,090 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526354408/xslF345X05/ownership.xml

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Insider Trading

Brinker International Insider Sold Shares Worth $1,401,538, According to a Recent SEC Filing

Daniel S Fuller, Senior Vice President, Chief Legal Officer, on August 13, 2026, sold 5,801 shares in Brinker International (EAT) for $1,401,538. Following the Form 4 filing with the SEC, Fuller has control over a total of 42,098 common shares of the company, with 42,046 shares held directly and 52 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526354390/xslF345X05/ownership.xml

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Insider Trading

Brinker International Insider Sold Shares Worth $1,181,450, According to a Recent SEC Filing

Douglas N. Comings, Senior Vice President and Chief Operating Officer, Chili's, on August 13, 2026, sold 5,000 shares in Brinker International (EAT) for $1,181,450. Following the Form 4 filing with the SEC, Comings has control over a total of 19,509 common shares of the company, with 17,527 shares held directly and 1,982 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/703351/000119312526354404/xslF345X05/ownership.xml

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Wire

Brinker International's Chili's Same-Store Sales Momentum Seen Continuing Into FY27, UBS Says

Brinker International (EAT) is likely to sustain double-digit percentage earnings growth into fiscal 2027 as its Chili's brand benefits from menu innovation and value positioning, UBS said in a note Thursday.Same-store sales momentum has accelerated into the new fiscal year, following 5.6% growth in the fiscal fourth quarter, driven by the Big Crispy chicken sandwich platform and continued traction from the "3 for Me" value offering, UBS said.The analysts expect mid-single-digit percentage same-store sales growth and 20-40 basis points of margin expansion through fiscal 2027, as sales leverage offsets commodity and wage inflation, with more detail on a long-term growth algorithm anticipated at the company's Sept. 17 investor day.UBS maintained its buy rating on the stock and raised its price target to $285 from $260.Price: $237.66, Change: $-8.23, Percent Change: -3.35%

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Wire

Brinker International Investor Day to Highlight Positive Chili's Developments, Morgan Stanley Says

Brinker International's (EAT) upcoming investor day in September is expected to highlight further positive developments for its Chili's business, Morgan Stanley analysts said in a Wednesday note.The analysts said Chili's "Big Crispy" chicken sandwich appears to be the clearest driver of sales, with volume trends accelerating in July and August.Morgan Stanley raised its same-store sales growth forecast for Chili's to 7.7% from 4.2% for fiscal Q1, and to 5.4% from 4.5% for the fiscal year.Brinker's acquisition of 12 franchised stores is expected to close later this month and contribute $30 million of incremental revenue but will likely have little net impact on the company's earnings per share, the analysts said.Morgan Stanley maintained an overweight rating on the stock and increased its price target to $250 from $207.Price: $243.82, Change: $-2.07, Percent Change: -0.84%

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Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1%.In corporate news, Brinker International (EAT) shares jumped 11% after the company provided an upbeat fiscal 2027 financial guidance at the midpoint, confident that its Chili's brand will sustain the growth momentum that drove strong Q4 results.Uber (UBER) is working on a rides option for children 10 to 12 years old, Bloomberg reported Wednesday, citing publicly available code from the latest version of Uber's iOS app. Uber shares were down 3.4%.Home Depot (HD) said CEO Ted Decker is taking a temporary medical leave of absence and is expected to return within the next few months. Senior Executive Vice President Ann-Marie Campbell and Chief Financial Officer Richard McPhail will oversee the operations of the office of the CEO during Decker's absence. Home Depot shares fell 2.7%.Nelson Peltz's Trian Fund Management is building a consortium of investors for a take-private bid for Wendy's (WEN), the Financial Times reported. The consortium, which may include Flynn Group and BlueFive, may submit its bid in the coming weeks, the report said. Wendy's shares jumped past 13%.

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Sectors

Sector Update: Consumer

Consumer stocks were mixed late Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1%.In corporate news, Brinker International (EAT) shares jumped 11% after the company provided an upbeat fiscal 2027 financial guidance at the midpoint, confident that its Chili's brand will sustain the growth momentum that drove strong Q4 results.

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Brinker Issues Upbeat Outlook Amid Chili's Growth Momentum; Shares Surge
US Markets

Brinker Issues Upbeat Outlook Amid Chili's Growth Momentum; Shares Surge

Brinker International (EAT) shares jumped Wednesday after the company provided an upbeat fiscal 2027 financial guidance at the midpoint, confident that its Chili's brand will sustain the growth momentum that drove strong fourth-quarter results.The parent of Chili's Grill & Bar and Maggiano's Little Italy expects full-year non-GAAP earnings of $12.60 to $13.40 a share, which at the midpoint is ahead of the FactSet-polled consensus of $12.61. The company reported non-GAAP EPS of $10.74 for the just-concluded fiscal year, up from the $8.90 logged for 2025.Brinker expects fiscal 2027 revenue between $6.15 billion and $6.27 billion, while Wall Street is looking for $6.16 billion. Last year's top-line grew to $5.81 billion from $5.38 billion sequentially.Chili's fourth-quarter revenue rose to $1.42 billion from $1.34 billion a year earlier."Chili's continues to gain momentum through its strong, everyday value platform, led by the success of the Big Smasher, the Big QP and now the big crispy chicken sandwich," Brinker Chief Financial Officer Mika Ware said during an earnings call, according to a FactSet transcript, referring to Chili's popular menu offerings. "July sales and traffic have significantly accelerated versus the fourth quarter, further widening our lead over the casual dining industry."The company's shares were up 11% in afternoon trade, bringing its year-to-date gains to about 71%.For the quarter ended June 24, Brinker reported non-GAAP EPS of $3.07, compared with $2.49 a year earlier, while analysts expected $3.09. Revenue rose to $1.54 billion from $1.46 billion, topping the Street's $1.53 billion estimate.Consolidated comparable restaurant sales grew 5%, in line with analysts' projections. Comparable sales at Chili's increased 5.6%, driven by menu pricing and higher traffic, offsetting a 2.5% decline at Maggiano's."Third-party syndicated data confirms Chili's continues to be ranked in the top-tier across key measures like value, quality, service and overall experience," Chief Executive Kevin Hochman said on the call. "We still have room to improve, but our progress gives us confidence that we will sustain traffic gains and repeat business."UBS Securities expected Brinker to post another "solid" quarter. The brokerage saw Chili's well positioned for robust growth into fiscal 2027, with sales momentum supported by "industry-leading value and ongoing enhancements to food, service/atmosphere and marketing," it said in a note to clients earlier this week.Brinker's board authorized a total of $750 million under its current share repurchase program, effective Aug. 10, it said Wednesday.Last week, Restaurant Brands International (QSR) reported better-than-expected second-quarter earnings amid strong comparable sales growth at Burger King across domestic and international markets. McDonald's (MCD) second-quarter revenue fell short of market expectations, as comparable sales growth in the US slowed on a yearly basis amid a challenging consumer environment.Price: $242.86, Change: $+21.48, Percent Change: +9.70%

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Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday

Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% higher.Performance Food Group (PFGC) stock was down 5.7% after the company reported fiscal Q4 adjusted earnings and sales below analysts' expectations.Global-e Online (GLBE) shares were up more than 7% after the company posted higher Q2 non-GAAP earnings and revenue, and raised its 2026 revenue outlook.Brinker International (EAT) stock was up almost 3% after the company posted higher fiscal Q4 non-GAAP earnings and revenue.

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Equity Futures Rise Pre-Bell Ahead of Consumer Inflation Data
US Markets

Equity Futures Rise Pre-Bell Ahead of Consumer Inflation Data

The main US equity benchmarks were trending higher in Wednesday's premarket activity as traders await a key inflation report.The S&P 500 was up 0.2%, the Dow Jones Industrial Average edged 0.1% higher, while the Nasdaq added 0.6% before the opening bell. The three indexes finished Tuesday trading lower for a second consecutive session.The official US consumer price index report for July is scheduled to be released at 8:30 am ET. Data are expected to show that consumer inflation increased 0.1% sequentially and 3.4% annually, according to a Bloomberg-compiled consensus.Wall Street is also projecting core CPI - which excludes volatile items such as food and energy -- to advance 0.2% month over month and 2.5% year over year for last month.US Treasury yields were down in premarket action Wednesday, with the two- and 10-year rates retreating 1.5 and 1.6 basis points, respectively, to 4.2% and 4.67%.West Texas Intermediate crude oil increased 0.3% to $83.43 a barrel before the open, while Brent was little changed at $88.95.The International Energy Agency now forecasts global oil demand to drop by 1.6 million barrels a day this year, 510,000 barrels more than its previous estimate last month, as the ongoing closure of the Strait of Hormuz and high crude prices weigh on consumption, the agency said Wednesday.Yemen's Iran-aligned Houthis killed six people in an attack on a container ship in the Bab el-Mandeb Strait, an alternative route to the Strait of Hormuz, CNBC reported. The US Central Command said in a post on X that its forces disabled the steering gear of a cargo vessel that allegedly attempted to transit the Gulf of Oman and breach its Iranian blockade.On Tuesday, secretary of Iran's Supreme National Security Council Mohsen Rezaei reportedly said the Strait of Hormuz will remain closed as long as the US does not accept Tehran's conditions. Previously, Pakistani Defense Minister Khawaja Asif told Bloomberg News that the US and Iran were close to "some sort of an arrangement."Shares of CoreWeave (CRWV) jumped 18% pre-bell after the company overnight reported better-than-expected second-quarter results amid strong demand for cloud computing. Super Micro Computer (SMCI) gained nearly 9% in premarket activity as the company issued an upbeat fiscal 2027 revenue outlook.Cisco Systems (CSCO) is scheduled to report its latest financial results after the markets close, while Nebius (NBIS), Performance Food Group (PFGC), Trimble (TRMB), Brinker International (EAT) and Global-E Online (GLBE) post their earnings before the bell, among others.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Gold inclined 0.7% to $4,473 per troy ounce, while bitcoin rose 0.9% to $64,136.

Dow JonesNasdaq CompositeS&P 500$CRWV$CSCO$EAT$GLBE$NBIS$PFGC$SMCI$TRMB
Wire

Brinker International's Chili's Expected to Drive Solid Fiscal Q4, UBS Says

Brinker International (EAT) is expected to report another solid quarter, with Chili's well-positioned for continued growth into fiscal 2027, UBS said in a note Monday.The company is scheduled to report its fiscal Q4 results on Wednesday.UBS said investors expect Chili's same-store sales to rise about 5.5% to 6%, with growth potentially accelerating to the high-single digits early in fiscal 2027. Expectations for fiscal 2027 are for 3% to 5% revenue growth, 5% to 8% earnings before interest, taxes, depreciation, and amortization growth, and 13% to 17% earnings per share growth, broadly in line with the company's long-term targets, according to the note.The firm said it expects focus to be on Chili's sales momentum through fiscal Q4 and into fiscal Q1, the sustainability of its sales momentum in fiscal 2027, and the company's multiyear earnings potential. Some of this may be addressed this week, with a deeper discussion expected at the Sept. 17 Investor Day, the firm added.UBS raised its price target on Brinker International to $260 from $190, and has a buy rating on the stock.Price: $226.15, Change: $+0.95, Percent Change: +0.42%

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Wire

BofA Adjusts Price Target on Brinker International to $224 From $195

Brinker International (EAT) has an average rating of overweight and mean price target of $196.05, according to analysts polled by FactSet.Price: $191.93, Change: $+2.57, Percent Change: +1.35%

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Insider Trading

Brinker International Insider Sold Shares Worth $286,777, According to a Recent SEC Filing

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

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Wire

Brinker's Guidance Appears Achievable, Led by Chili's Chicken Sandwich Launch, UBS Says

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%

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Wire

Brinker International Remains a Compelling Pick in the Full Service Segment, Morgan Stanley Says

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%

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Sectors

Sector Update: Consumer Stocks Lean Lower Premarket Wednesday

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.

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Wire

Brinker International to Keep Extending Chili's Growth, May See Margin Recovery Over Time, UBS Says

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%

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