Key Highlights:

  • Total Revenues came in at USD 1,535.8 million, representing a 5.1% increase driven by favorable same-store sales growth and menu.
  • Non-GAAP EPS totaled USD 3.07, a 23.3% increase from USD 2.49 in the fourth quarter of the prior year.
  • Fiscal 2027 Revenue Guidance stood at USD 6.15 billion to USD 6.27 billion, including an estimated 2% contribution.
  • Chili's Same-Store Sales was reported at 5.6%, comprising a 1.5% traffic increase and 4.3% pricing impact.

Brinker International, Inc. (NYSE:EAT) is scheduled to report third quarter results on Wednesday, Oct. 28, before the market open. Consensus estimates call for adjusted earnings per share of USD 2.45 on revenue of USD 1.46 billion, against a market capitalization of USD 7.87 billion.

In the most recently reported quarter, Total Revenues came in at USD 1,535.8 million, representing a 5.1% increase driven by favorable same-store sales growth and menu pricing. Non-GAAP EPS totaled USD 3.07, a 23.3% increase from USD 2.49 in the fourth quarter of the prior year.

Maggiano's Same-Store Sales and Other Business Trends

Maggiano's Same-Store Sales came in at -2.5%, reflecting a 5.3% decrease in traffic and a 0.1% negative mix, partially offset by 2.9% in menu pricing. Big Crispy Sandwich Volume totaled 55 sandwiches per restaurant per day, an increase from 20 sandwiches per day prior to the product launch. Restaurant Operating Margin stood at 18.0%, a 20-basis-point improvement year over year primarily driven by sales leverage. Food and Beverage Costs was reported at 26.3% of company sales, an 80-basis-point increase year over year due to 4.4% commodity inflation across beef and produce.

What Management Guided

Fiscal 2027 Adjusted EPS Guidance came in at USD 12.60 to USD 13.40, including an estimated USD 0.70 contribution from the additional operating week. Capital Expenditures Guidance totaled USD 265 million to USD 285 million for fiscal 2027, compared to USD 231.9 million spent in fiscal 2026.

Wage Inflation and Capital Position

Wage Inflation came in at 3.1%, which was offset by top-line leverage and labor favorability of 90 basis points as a percentage of sales. Share Repurchases totaled USD 400 million during fiscal 2026, with the board of directors recently authorizing an increase in the total program to USD 750 million. Chili's Average Unit Volume stood at USD 5 million, representing an increase from approximately USD 4.5 million at the conclusion of fiscal 2025. Bond Redemption was reported at USD 350 million of 8.25% outstanding bonds redeemed subsequent to year-end using the company's revolving credit facility. Franchise Acquisition came in at 12 Chili's restaurants in Alabama and Mississippi, including real estate for six locations, with the transaction expected to close in Aug. 2026.

Advertising Expense and Additional Detail

Advertising Expense came in at 3% of sales for the fourth quarter, a 20-basis-point increase to support the national rollout of the Big Crispy campaign. 3forMe Platform Mix totaled 21% of total guests, with 40% of those participants selecting the USD 10.99 entry-level price tier. Chili's International Profit Contribution stood at 4% of total Brinker profits, a level that now exceeds the profit contribution from the Maggiano's segment. General and Administrative Expense was reported at 3.9% of total revenues, reflecting a 10-basis-point improvement year over year due to sales leverage and lower bonus accruals. Depreciation and Amortization came in at USD 55.5 million, a 40-basis-point decrease as a percentage of revenue following the retirement of older kitchen equipment.

Figures to Follow in the Release

Investors can watch third quarter results against the figures management has already put on record, including the following: Fiscal 2027 Revenue Guidance came in at USD 6.15 billion to USD 6.27 billion, including an estimated 2% contribution from a 53rd operating week.