Quarterly ResultApr 29, 2026, 08:08 AM
EAT Q3 Revenue $1.45B, +3.0%; EPS $2.87; Raises FY26 EPS Guidance
AI Summary
Brinker International reported Q3 fiscal 2026 results with total revenues of $1,470.2 million, up 3.2% year-over-year, and diluted EPS of $2.87, up from $2.56. Chili's delivered its 20th consecutive quarter of same-store sales growth, increasing 4.0%, driven by improvements in food, service, and value, despite January weather impacts. Maggiano's comparable restaurant sales, however, decreased by 4.6%. The company updated its fiscal 2026 guidance, raising the lower end of its non-GAAP diluted EPS to $10.60-$10.85 and narrowing total revenues guidance. It also repurchased $108.0 million of common stock.
Key Highlights
- Total revenues rose to $1,470.2 million in Q3 FY26 from $1,425.1 million in Q3 FY25.
- Net income per diluted share increased to $2.87 in Q3 FY26 from $2.56 in Q3 FY25.
- Chili's comparable restaurant sales grew 4.0%, marking its 20th consecutive quarter of growth.
- Maggiano's comparable restaurant sales decreased 4.6% due to lower traffic and closures.
- Repurchased $108.0 million of common stock during the third quarter.
- Updated FY26 diluted EPS guidance (non-GAAP) to $10.60-$10.85, raising the lower end.
- Lowered FY26 capital expenditures guidance to $240.0 million - $250.0 million.