HighGravityData

Brinker International — Apr 29, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000703351-25-000016
Open on SEC.gov ↗
Showing in the filing
Net income per diluted share, excluding special items, non-GAAP
“$8.50 - $8.75”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 11
Total revenues for FY2025
“$5.33 billion - $5.35 billion”
Net income per diluted share, excluding spec… for FY2025
“$8.50 - $8.75”
Capital expenditures for FY2025
“$265.0 million - $275.0 million”
Weighted average shares for FY2025
“46.0 million - 46.5 million”
Projected Openings - Company-owned restauran… for FY2025
“5”
Projected Openings - Total Company-owned and… for FY2025
“1”
Projected Openings - Franchise restaurants -… for FY2025
“2-3”
Projected Openings - Total Company-owned and… for FY2025
“27-29”
Projected Openings - Total franchise for FY2025
“30-33”
Projected Openings - Total Company-owned and… for FY2025
“7-8”
Projected Openings - Total for FY2025
“35-38”
Exhibit 99.1 · the passage around this item
… earlier in the release
A moderation in sales or the risks outlined in the Forward-Looking Statements paragraph of this press release, among other risks, could cause actual results to differ materially from forecasted results. • Total revenues are expected to be in the range of $5.33 billion - $5.35 billion; • Net income per diluted share, excluding special items, non-GAAP, is expected to be in the range of $8.50 - $8.75; • Capital expenditures are expected to be in the range of $265.0 million - $275.0 million; and • Weighted average shares are expected to be in the range of 46.0 million - 46.5 million. 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. Third 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 March 26, 2025 and March 27, 2024: Chili’s Maggiano’s Third Quarter Variance Third Quarter Variance 2025 2024 2025 2024 Company sales $ 1,292.2  $ 988.4  $ 303.8  $ 120.8  $ 120.5  $ 0.3  Franchise revenues 11.9  11.2  0.7  0.2  0.2  —  Total revenues $ 1,304.1  $ 999.6  $ 304.5  $ 121.0  $ 120.7  $ 0.3  Company restaurant expenses (1) $ 1,042.1  $ 849.3  $ 192.8  $ 103.5  $ 102.4  $ 1.1  Company restaurant expenses as a % of Company sales 80.6  % 85.9  % (5.3) % 85.7  % 85.0  % 0.7  % Operating income $ 197.7  $ 97.2  $ 100.5  $ 10.7  $ 12.3  $ (1.6) Operating income as a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.