1049 ET - Brinker International turned heads with massive comparable sales growth at Chili's Grill & Bar that Raymond James analyst Brian Vaccaro is calling "other worldly." The chain's comps were up 31% year-over-year, way above the already-high 20.5% consensus estimate of analysts polled by FactSet, and Vacarro's own forecast for 23%. The gains came from a nearly 20% jump in traffic and an unexpected 6.6% increase in mix, Vaccaro says. More details on the mysterious mix gain should come from management's call with analysts this morning. Shares climb 15% to $178. (dean.seal@wsj.com)
(END) Dow Jones Newswires
January 29, 2025 10:49 ET (15:49 GMT)
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