REFILE-BUZZ-Brinker International rises after lifting full-year sales, profit forecasts

Reuters
01-29
REFILE-BUZZ-Brinker International rises after lifting full-year sales, profit forecasts

Corrects typo in Chili's spelling throughout

** Chili's operator Brinker International's EAT.N shares rise 12.99% to $174.70 premarket

** Co now forecasts full-year revenue between $5.15 bln and $5.25 bln, from the prior range of $4.70 bln to $4.75 bln

** EAT forecasts full-year adjusted earnings per share between $7.50 and $8.00, from the prior range of $5.20 to $5.50

** Q2 revenue grows by 26.5% to $1.36 mln from a year ago, beating analysts' estimates of $1.24 mln, according to data compiled by LSEG

** Q2 comparable restaurant sales increase by 27.4%, with Chili's comparable restaurant sales growing 31.4%

** Co says Chili's sales rose primarily due to higher traffic, favorable menu items and pricing

** EAT stock more than tripled in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com))

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