Brinker International - Restaurant chain benefits from [increasing consumer demand! ]
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Business Driver: Brinker International (BRNK) has established itself as an operator of casual dining restaurant chains such as Maggiano's Little Italy and Chili's Grill & Bar, particularly excelling lately with its casual grill restaurant chain, Chili's Grill & Bar, due to new menu items. On October 29, they delivered a very strong Q1 result. The adjusted EPS rose significantly from $0.95 to $1.93, exceeding consensus expectations of $1.77. Additionally, they topped revenue expectations of $1.33 billion with an increase of 18.44% to...
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