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Brinker Serves Up Earnings Beat, Sidesteps Cost Pressures

Brinker International TodayEATBrinker International154.780.10 (0.06154.78 -0.10 (-0.06%) 52-Week Range58.85▼192.21P/ERatio21.75PriceTarget192.21P/E Ratio21.75Price Target156.41Add to WatchlistBrinker International Inc. NYSE: EAT stock is surging over 2.5% on strong volume after the company’s strong second-quarter earnings report. The company reported strong, 21.3% same-store sales growth for its Chili’s and Maggiano’s chains. Overall revenue came in at $1.46 billion, a 20% year-over-year (YOY) increase. The news was even better on the bottom line ...