As casual dining brands look to balance the needs of meeting omnichannel demand and protecting their margins, Chili’s owner Brinker International is turning its focus away from its virtual brands. On a call with analysts Wednesday (Jan. 31) discussing the company’s second-quarter fiscal 2024 earnings...
Brinker International, the parent company of casual restaurant chains Chili’s and Maggiano’s, reported strong performance and growth for the quarter ended Sept. 27. During a Wednesday (Nov. 1) earnings call, company executives discussed the firm’s strategic initiatives and operating performance, highlighting a 6% comparable sales growth. They said...
As consumers manage their food spending amid budgetary pressures, those with cash to burn are happy to splurge on table-service dining, while those without a financial safety net are more cautious in how they spend on dine-in. By the Numbers For the latest installment of...
This week in restaurant news, TGI Fridays looks to boost on-premises sales, Del Taco opens its first drive-thru-only store and Panera Bread looks to manage costs with a streamlined menu. Casual dining bar and grill chain TGI Fridays, which has more than 650 restaurants across...
April 30, 2024
Casual dining company Brinker International wants to capitalize on diner discontent with fast food prices. The company — owner of Chili’s and Maggiano’s — released earnings Tuesday (April 30) showing a 3.3% increase in sales, driven primarily by increased menu pricing and an uptick in dine-in traffic. To continue driving that traffic, CEO Kevin Hochman said during an earnings call that the company’s advertising […]
November 01, 2023
Brinker International, the parent company of casual restaurant chains Chili’s and Maggiano’s, reported strong performance and growth for the quarter ended Sept. 27. During a Wednesday (Nov. 1) earnings call, company executives discussed...
October 28, 2020
Brinker International reported Wednesday (Oct. 28) as part of its first quarter 2021 earnings that Chili’s comp sales dropped 7.2 percent, while Maggiano’s comp sales plunged 38.6 percent amid a...
May 14, 2018
Chili’s has suffered a data breach that may have compromised customers’ credit card information. The restaurant chain’s parent company Brinker International made the announcement on Saturday (May 12), just one...
