Brinker International has reported total revenues of $1.54bn for the first half (H1) of the year ending 26 December 2018.
This has increased in comparison with the previous year’s revenue at $1.5bn.
The restaurant company also reported a net income of $58.4m for the six-month period compared with $35.2m for H1 2017, and a rise in operating income from $83m in 2017 to $96.5m in 2018.
The company’s total operating costs and expenses for H1 2018 were $1.44bn, which shows a slight increase compared with $1.42bn in 2017.
Brinker International CEO and president Wyman Roberts said: “Brinker delivered our fifth consecutive quarter of sequential sales improvement, posting positive sales and industry leading traffic.
“Our sustained momentum is being driven by several key factors, including operational execution, takeout and value.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe casual dining restaurant chain reported that its total revenue increased 3.2% to $790.7bn in Q2 ending 26 December 2018, compared with the previous year’s $766.4bn.
Its net income for the period was $32m, compared with $25.3m for Q2 2017, while the operating income was $49.6m for Q2 2018 compared with $54.4m in Q2 2017.
Brinker International owns and operates 1,685 restaurants, including 1,632 Chili’s Grill & Bar restaurants and 53 Maggiano’s Little Italy restaurants.