The company could not be reached on Tuesday for further comment. Dallas-based Brinker International owns, operates and franchises more than 190 Romano's Macaroni Grills, along with seven other restaurant brands. Those brands include Chili's Grill & Bar, On The Border Mexican Grill & Cantina, Maggiano's Little Italy, Cozymel's Coastal Grill, Corner Bakery Cafe, Big Bowl Asian Kitchen and Rockfish Seafood Grill. All told, the company owns or franchises more than 1,300 restaurants in 49 states and 22 countries.
In October, the publicly traded casual dining operation reported a 15.4% increase in earnings per share during it first fiscal quarter ended Sept. 25. Profits were $45 million or $0.45 diluted earnings per share on revenue of $773.9 million during the quarter. At the close of trading Tuesday, Dec. 24, shares of Brinker stood at $32.25, up $0.36 on the day. The price is about $3.50 below its 52-week high and $6.40 above its 52-week low.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.