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January 31, 2019updated 01 Nov 2021 8:20am

Brinker International reports $1.54bn in H1 total revenues

Brinker International has reported total revenues of $1.544bn for the first half (H1) of the year ending 26 December 2018.

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.

“Our sustained momentum is being driven by several key factors, including operational execution, takeout and value.”

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.”

The 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.

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