Brinker International, Inc. reported a notable increase in financial performance for the thirteen and thirty-nine week periods ended March 25, 2026, compared to the same periods in the previous fiscal year. Total revenues reached $1,470.2 million for the thirteen-week period, up from $1,425.1 million, and $4,271.6 million for the thirty-nine-week period, compared to $3,922.3 million. The company’s net income also saw an increase, rising to $127.9 million for the thirteen-week period from $119.1 million, and to $355.9 million for the thirty-nine-week period from $276.1 million. Basic net income per share improved to $2.96 for the thirteen-week period and $8.09 for the thirty-nine-week period, reflecting a year-over-year increase.

The company attributed its revenue growth to several factors, including a 3.3% increase in comparable restaurant sales for company-owned locations and a 10.8% increase in company sales for the thirty-nine-week period. The increase in franchise revenues was also significant, rising to $41.9 million for the thirty-nine-week period from $35.9 million, primarily due to higher royalties. However, the company faced challenges, particularly in the Maggiano’s segment, where revenues decreased by 11.1% for the thirteen-week period, driven by lower traffic and unfavorable restaurant closures.

Operationally, Brinker International owned, operated, or franchised a total of 1,632 restaurants as of March 25, 2026, which included 1,162 company-owned and 470 franchised locations. The company opened 25 new restaurants during the thirty-nine-week period, with 20 of those being franchise openings. The company’s strategic focus on enhancing customer experience through digital initiatives and menu simplification has been a key driver in improving customer engagement and operational efficiency.

In terms of financial health, Brinker reported cash and cash equivalents of $57.1 million as of March 25, 2026, up from $18.9 million at the end of the previous fiscal year. The company’s total assets increased to $2,772.3 million, compared to $2,678.6 million, while total liabilities remained relatively stable. The company also continued its share repurchase program, repurchasing 2.5 million shares for $343.4 million during the thirty-nine-week period, with approximately $207.0 million remaining under the current authorization.

Looking ahead, Brinker International expressed confidence in its operational strategies and financial position, indicating that current cash reserves and cash generated from operations, along with available credit, will be sufficient to meet capital expenditure and working capital needs for at least the next twelve months. The company remains focused on expanding its restaurant footprint and enhancing customer experiences to drive future growth.

About BRINKER INTERNATIONAL, INC

Brinker International, Inc. owns, operates, and franchises casual dining restaurant brands Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers Southwest-inspired American cuisine with a value-focused menu, while Maggiano’s provides Italian-American dining and banquet services. Serving primarily U.S. and international markets, Brinker’s business model combines company-owned and franchised restaurants, emphasizing quality food, hospitality, and technology-driven guest experiences to differentiate in the competitive casual dining sector.

This description was generated via AI from an annual report. Updated 8 months ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.