Brinker International shares jumped Wednesday after the Chili's parent reported mixed fiscal fourth-quarter results but issued a stronger-than-expected fiscal 2027 outlook. The company posted adjusted earnings of $3.07 per share, narrowly missing the $3.09 analyst estimate, while total revenue rose to $1.536 billion from $1.462 billion a year earlier, edging past the $1.534 billion estimate. For fiscal 2027, Brinker expects adjusted earnings of $12.60 to $13.40 per share, above the $12.52 analyst estimate, and revenue of $6.15 billion to $6.27 billion, compared with the $6.145 billion estimate. CEO Kevin Hochman said Chili's ended fiscal 2026 with five straight years of same-store sales growth, producing a 71% cumulative increase over that period, and called takeout Chili's next big frontier, with takeout already accounting for 25% of Chili's business. The company also repurchased about $400 million of common stock during fiscal 2026 and increased the amount authorized under its existing share repurchase program to $750 million.
Brinker International IncStronger-than-expected fiscal 2027 outlook and share repurchase program boost investor sentiment.
