Brinker International, Inc. Stock News

The parent company for American restaurant chain Chili's is Brinker International (EAT -3.38%), and it made its debut on the public markets way back in 1989. Now, 35 years later, Brinker stock jumped a stunning 218% so far in 2024, climbing to an all-time high.

Brinker International's stock has surged 295.9% since December 2022, outperforming the S&P 500's 59.8% gain, driven by strong revenue, profits, and cash flow growth. Despite impressive financial performance, the stock is no longer as cheap, prompting a downgrade to 'hold' due to valuation concerns relative to peers. Key growth drivers include higher pricing, product mix changes, and successful ...

Artificial intelligence continues to be the front and centre of all financial debates this year. The AI frenzy, in fact, has turned Nvidia Corp (NASDAQ: NVDA) into somewhat of a benchmark against which the supremacy of any other stock's performance is measured.

Forget visions of sugar plums, Triple Dippers are dancing in everyone's heads this holiday season with new dream collection inspired by the iconic Chili's combo DALLAS , Nov. 19, 2024 /PRNewswire/ -- This holiday season, Chili's® Grill & Bar is giving fans a new way to savor its iconic Triple Dipper™ with the limited-edition Triple Dipper Dream Collection. The Triple Dipper took the world by st...

The Italian American restaurant is continuing to expand its offerings, incorporating timely flavors and ingredients DALLAS , Nov. 12, 2024 /PRNewswire/ -- Maggiano's Little Italy is celebrating the season with new fall-inspired menu items available throughout November and a limited-time Thanksgiving Family-Style menu, available for dine-in or carryout on November 28 at all locations nationwide....

The stock market is a complex and ever-changing ecosystem where prices fluctuate in response to multiple factors. Company earnings, economic data, investor sentiment, and geopolitical events all play a significant role in shaping the market's trajectory, often leading to a dynamic and volatile interplay of positive and negative stock price movements.

Success of 3-For-Me and Triple Dipper: Promotions such as 3-For-Me and Triple Dipper attracted young customers and boosted sales and traffic. Commitment to traffic growth: Chili's has achieved all traffic targets for three consecutive years, driven by value campaigns and a strategic menu. Valuation outlook: Brinker could grow by 2025; maintaining performance, the P/E projects appreciation, with...

Known for its baby back ribs,49 year-old Chili's is gobbling up customers from fast food chains and swiveling heads on Wall Street with its viral marketing campaigns.