Brinker International posts Q1 FY2027 earnings beat and raises FY2027 guidance
Brinker International reported first‑quarter fiscal 2027 revenue of about $1.46 billion, up roughly 9% year‑over‑year, and net income of $113.3 million, or $2.64 per diluted share ($2.77 excluding special items). Chili’s delivered its 22nd consecutive quarter of same‑store sales growth, up 10.1%, while Maggiano’s saw a decline. The company used cash flow to repurchase $125 million of stock, redeemed $350 million of 8.25% notes, and lifted its FY2027 revenue outlook to $6.23‑$6.33 billion and adjusted EPS outlook to $13.30‑$13.90.
Why it matters
The earnings beat and higher guidance suggest stronger cash generation and profitability, which may support a higher valuation for the stock (the company repurchased $125 million of shares and reduced debt). The raised FY2027 revenue and EPS targets set a new performance baseline for investors and analysts.
Key facts
- 1Company sales were $1,461.2 million in Q1 FY2027, up from $1,335.4 million in Q1 FY2026. prnewswire.com
- 2Comparable restaurant sales increased 9.1% company‑wide, with Chili’s up 10.1% and Maggiano’s down 3.4%. stocktitan.net
- 3Net income was $113.3 million, or $2.64 per diluted share, $2.77 excluding special items. sec.gov
- 4Net cash provided by operating activities was $169.1 million; free cash flow was $105.7 million. prnewswire.com
- 5The company repurchased $125.0 million of common stock and redeemed $350.0 million of 8.25% notes. prnewswire.com
- 6Updated FY2027 guidance: total revenue $6.23‑$6.33 billion (up ~2% from prior) and non‑GAAP diluted EPS $13.30‑$13.90 (up $0.70 per share). sec.gov
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.