EAT Stock Recent News
EAT LATEST HEADLINES
The latest trading day saw Brinker International (EAT) settling at $89.30, representing a -1.61% change from its previous close.
DALLAS , Oct. 16, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Wednesday, October 30, 2024, to review first quarter fiscal 2025 earnings, which will be announced before the market opens on October 30, 2024.
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With consumers tightening their spending habits, one would assume the consumer discretionary sector and, specifically, the restaurant industry would be feeling the sting. However, this isn't the case for some restaurants as they continue to navigate the macroeconomic climate masterfully, still collecting tight-fisted consumer dollars while maintaining strong margins.
Brinker International (EAT) reachead $83.48 at the closing of the latest trading day, reflecting a +1.18% change compared to its last close.
In the most recent trading session, Brinker International (EAT) closed at $82.45, indicating a -1.65% shift from the previous trading day.
Brinker International (EAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, Brinker International (EAT) stood at $76.53, denoting a +1.24% change from the preceding trading day.
Recently, Zacks.com users have been paying close attention to Brinker International (EAT). This makes it worthwhile to examine what the stock has in store.
Chili's saw a strong recovery with its '3 For Me' promotion, boosting average checks and bringing back regular guests while focusing on reducing menu size to drive efficiency and growth. The chain has implemented the Ziosk pay-at-the-table system, AI-based workforce forecasting, tablets for waiters and a Kitchen Video System (KVS) to improve service and reduce operating costs. The company has positioned itself as a better value alternative to fast food, taking advantage of the rise in prices in the QSR sector since 2014.