AI Earnings Predictions for Brinker International Inc. (EAT)

EX-99.1

2 fy26q4ex991-earningsrelease.htm

EX-99.1

Document

Exhibit 99.1

BRINKER INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2026 RESULTS AND PROVIDES FISCAL 2027 GUIDANCE

DALLAS (August 12, 2026) – Brinker International, Inc. (NYSE: EAT) today announced its financial results for the fourth quarter and fiscal year ended June 24, 2026 and provided guidance for fiscal 2027.

Fourth Quarter and Full Year Fiscal 2026 Financial Highlights

“Q4 2026 completes five consecutive years of Chili’s same-store sales growth, delivering an unprecedented 71% cumulative increase over that time,” said Kevin Hochman, President and CEO of Brinker International. “Our strong brand relevance, industry-leading value proposition, streamlined operations, and significant restaurant investments have created a competitive moat that positions Chili's to deliver sustainable, profitable growth.”

In the fourth quarter of fiscal 2026, Company sales were $1,521.2 million compared to $1,448.9 million in the fourth quarter of fiscal 2025. Company comparable restaurant sales increased 5.0% in the fourth quarter of fiscal 2026, including 5.6% for Chili’s, as the brand drove positive traffic and continued outperformance against the casual dining industry. Chili's sustained strong performance reflects disciplined execution across the business. Continued investments in food quality, service, atmosphere, menu innovation, everyday value, and high-impact marketing reinforced the strength of the brand and attracted new guests, reinforcing the Company's confidence in its ability to deliver sustainable long-term growth. Chili’s momentum accelerated in July with the sustained success of the Big Crispy chicken sandwich and other brand initiatives. Net income per diluted share and Net income per diluted share, excluding special items, non-GAAP, increased 30.0% and 23.3%, respectively, for the fourth quarter of fiscal 2026 compared to the fourth quarter of fiscal 2025.

During fiscal 2026, the Company utilized operational cash flow to repurchase $400.0 million of the Company’s common stock. Effective August 10, 2026, our Board of Directors authorized a total of $750.0 million under our existing share repurchase program.

Financial results for the fourth quarter and full year of fiscal 2026 and fiscal 2025 were as follows (in millions, except per share amounts and percentages):

Fourth QuarterFiscal Year

20262025Variance20262025Variance

Company sales $1,521.2 $1,448.9 $72.3 $5,750.9 $5,335.3 $415.6

Total revenues$1,535.8 $1,461.9 $73.9 $5,807.4 $5,384.2 $423.2

Operating income$167.0 $142.7 $24.3 $619.9 $512.0 $107.9

Operating income as a % of Total revenues10.9 %9.8 %1.1 %10.7 %9.5 %1.2 %

Restaurant operating margin, non-GAAP(1) $273.4 $258.2 $15.2 $1,026.4 $933.5 $92.9

Restaurant operating margin as a % of Company sales, non-GAAP(1) 18.0 %17.8 %0.2 %17.8 %17.5 %0.3 %

Net income$131.1 $107.0 $24.1 $487.0 $383.1 $103.9

Adjusted EBITDA, non-GAAP(1) $227.6 $212.4 $15.2 $847.2 $760.4 $86.8

Net income per diluted share $2.99 $2.30 $0.69 $10.87 $8.32 $2.55

Net income per diluted share, excluding special items, non-GAAP(1) $3.07 $2.49 $0.58 $10.74 $8.90 $1.84

1

Comparable Restaurant Sales(2)

Q4:26 vs 25FY:26 vs 25

Brinker5.0 %8.1 %

Chili’s5.6 %9.2 %

Maggiano’s(2.5)%(3.9)%

(1)See Non-GAAP Information and Reconciliations section below for more details.

(2)Comparable Restaurant Sales include restaurants that have been in operation for more than 18 full months. Restaurants temporarily closed for 14 days or more are excluded from comparable restaurant sales. Percentage amounts are calculated based on the comparable periods year-over-year.

Subsequent to the end of the fiscal year, on July 16, 2026, the Company redeemed the outstanding $350.0 million 8.25% notes, and the payoff was funded with borrowings from the revolving credit facility. During the fourth quarter of fiscal 2026, the Company executed an agreement with a franchisee for the acquisition of 12 Chili’s restaurants located in Alabama and Mississippi, including the real estate for six of the locations, and the transaction is expected to close on August 27, 2026.

Full Year Fiscal 2027 Guidance

We are providing the following select financial guidance for fiscal 2027 which includes a 53rd operating week in the fourth quarter. We estimate the impact of the additional operating week to be an increase of approximately 2.0% in Total revenues and $0.70 in Net income per diluted share, excluding special items, non-GAAP:

Total revenues $6.15 billion - $6.27 billion

Net income per diluted share, excluding special items, non-GAAP$12.60 - $13.40

Capital expenditures$265.0 million - $285.0 million

Diluted weighted average shares 42.0 million - 43.0 million

The risks outlined in the Forward-Looking Statements paragraph of this press release, among other risks, could cause actual results to differ materially from forecasted results. We are unable to reliably forecast special items wi

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eat-202601280000703351false00007033512026-01-282026-01-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 28, 2026

BRINKER INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

DE1-1027575-1914582

(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

3000 Olympus Blvd DallasTX75019 (Address of principal executive offices)(Zip Code) (972)980-9917 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of exchange on which registered

Common Stock, $0.10 par value

EATNYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

SECTION 2 – FINANCIAL INFORMATION

Item 2.02. Results of Operations and Financial Conditions. The information contained under this Item 2.02 in this Current Report on Form 8-K, including the Exhibit attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended. On January 28, 2026, Brinker International, Inc. (the “Company”) issued a Press Release announcing its second quarter of fiscal 2026 results and updated guidance for fiscal 2026. A copy of the Press Release is attached hereto as Exhibit 99.1.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated January 28, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BRINKER INTERNATIONAL, INC.,

a Delaware corporation

Dated: January 28, 2026By:/S/ KEVIN D. HOCHMAN Kevin D. Hochman, President and Chief Executive Officer of Brinker International, Inc. and President of Chili’s Grill & Bar and Maggiano's Little Italy

(Principal Executive Officer)