Brinker International — Oct 30, 2024 release

Updates to Full Year Fiscal 2025 Guidance We are providing the following updated guidance for fiscal 2025 based on our current outlook: • Total revenues are expected to be in the range of $4.70 billion - $4.75 billion; and • Net income per diluted share, excluding special items, non-GAAP, is expected to be in the range of $5.20 - $5.50. We are reiterating the following full year fiscal 2025 guidance: • Weighted average shares are expected to be in the range of 45 million - 47 million; and • Capital expenditures are expected to be in the range of $195 million - $215 million. The potential for changes in macroeconomic conditions, among other risks, could cause actual results to differ materially from those projected. We are unable to reliably forecast special items without unreasonable effort. As such, we do not present a reconciliation of forecasted non-GAAP measures to the corresponding GAAP measures. 2 First Quarter of Fiscal 2025 Operating Performance Segment Performance The table below presents selected financial information (in millions, except as noted) related to our segments’ operational performance for the thirteen week periods ended September 25, 2024 and September 27, 2023: Chili’s Maggiano’s First Quarter Variance First Quarter Variance 2025 2024 2025 2024 Company sales $ 1,018.9  $ 897.8  $ 121.1  $ 108.4  $ 104.2  $ 4.2  Franchise revenues 11.5  10.3  1.2  0.2  0.2  —  Total revenues $ 1,030.4  $ 908.1  $ 122.3  $ 108.6  $ 104.4  $ 4.2  Company restaurant expenses (1) $ 881.3  $ 802.6  $ 78.7  $ 94.0  $ 95.0  $ (1.0) Company restaurant expenses as a % of Company sales 86.5  % 89.4  % (2.9) % 86.7  % 91.2  % (4.5) % Operating income $ 93.9  $ 55.6  $ 38.3  $ 7.8  $ 3.6  $ 4.2  Operating income as a % of Total revenues 9.1  % 6.1  % 3.0