Brinker shares drop as guidance falls short despite strong Q1 By Investing.com
Update: 2025-10-29
Description
Brinker International, owner of Chili's and Maggiano's, reported strong first quarter results with Chili's sales surging 21% and Maggiano's struggling with a 6.5% drop. Despite beating earnings and revenue expectations, investors worried about Brinker's long-term outlook due to a lower-than-expected revenue forecast. However, the company's improved restaurant operating margins and stock buyback show confidence. Brinker is launching a 'Back to Maggiano's' strategy to revive its struggling Italian chain.
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