Brinker Q4 comparable sales rise 13.5%; sets fiscal 2025 profit outlook
Brinker International reported fourth-quarter fiscal 2024 results on August 14, 2024, with company sales of $1,196.5 million, up from $1,064.8 million a year earlier, and comparable restaurant sales up 13.5%. The company also issued fiscal 2025 guidance, including non-GAAP diluted net income per share of $4.35 to $4.75, compared with $4.10 for fiscal 2024.
- Q4 fiscal 2024 diluted net income per share was $1.24, versus $1.19 a year earlier; excluding special items, it was $1.61, versus $1.39.
- Q4 operating income was $73.1 million, versus $59.3 million; Chili's comparable restaurant sales rose 14.8%.
- Fiscal 2025 guidance: total revenues of $4.55 billion to $4.62 billion, compared with $4.415 billion in fiscal 2024; capital expenditures of $195 million to $215 million.
- The company ended fiscal 2024 with no borrowings on its $900.0 million revolving credit facility and $64.6 million of cash.