EAT Stock Recent News

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Brinker International (EAT) reached $166.18 at the closing of the latest trading day, reflecting a +1.02% change compared to its last close.

Shares of Brinker International (EAT) are up 1% to trade at $166.25 last check, somewhat distant from their Feb. 4 record peak of $192.22. Although the restaurant chain rallied off its April 7 pullback, it's been unable to break out and remain above $180.

Brinker International (EAT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is how Brinker International (EAT) and Portillo's Inc. (PTLO) have performed compared to their sector so far this year.

Brinker International's recent share price pullback makes it an attractive value, supported by strong growth and operational improvements at Chili's. Chili's focus on menu simplification, kitchen efficiency, and store remodels is driving comparable sales growth and setting the stage for future expansion. Despite inflation risks and sector competition, EAT's value proposition and growth strategy should help it outperform peers even in a tougher economic environment.

Brinker International has delivered exceptional revenue and EPS growth, especially in the Chili's segment, defying weak consumer confidence trends. Operational efficiency improvements have driven impressive profitability, with adjusted EPS growth far outpacing revenue gains. Despite guidance implying a Q4 growth slowdown, annual growth is expected to accelerate, and the stock appears undervalued based on its PEG ratio.

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.

Brinker International's resurgent Chili's brand has driven strong results as of late, but can the momentum continue? We expect that deep, wide-ranging operational improvements have structurally improved the customer experience, which could result in continued organic growth. Trading at only 11x FCF and at a significantly cheaper multiple than the market, peers, and competitors alike, we think the stock looks like a 'strong buy.'

In the most recent trading session, Brinker International (EAT) closed at $169.19, indicating a -1.22% shift from the previous trading day.