Brinker International: Reports Q1 Of Fiscal 2025 Results

Dallas / TX. (bi) Brinker International Inc., a recognized leader in casual dining, announced its financial results for the first quarter ended September 25, 2024. «Great food, with great service at industry leading value is driving strong Chili’s sales and traffic,» said President and CEO, Kevin Hochman, «Our continued success proves the importance of listening to our guests and team members and delivering on the critical things important to them.»

Company sales were USD 1,127.3 million in the first quarter of fiscal 2025 compared to USD 1,002.0 million in the first quarter of fiscal 2024. Comparable restaurant sales increased 13.0 percent, with an increase in comparable restaurant sales of 14.1 percent for Chili’s and 4.2 percent for Maggiano’s. The comparable restaurant sales increase at Chili’s was primarily due to menu pricing and higher traffic. Chili’s advertising and social media campaigns continued to drive new guests and increased frequency in the first quarter. The «Big Smasher» burger and «Triple Dipper» are resonating well with guests, and our «3 for Me» combos provide a compelling everyday value. Higher Company sales resulted in operating income margin increasing to 5.0 percent and restaurant operating margin (non-GAAP) increasing to 13.5 percent for the first quarter. We continue to prioritize our guest experience by enhancing restaurant staffing and focusing on keeping our restaurants well maintained. As expected, these initiatives resulted in incremental labor and repairs and maintenance expense during the quarter. Additionally, stronger expected operating performance drove higher incentive compensation within General and administrative expenses during the quarter. For additional information please read the Company’s PDF file below (172 KB):