From BigGo Finance · BigGo Finance · · 1m 40s
Chili's Growth Boosts Brinker's Forecast
Brinker raises earnings outlook after Chili's sales surge, Wingstop cuts forecast amid U.S. retail decline.
In brief
Brinker raises earnings outlook after Chili's sales surge, Wingstop cuts forecast amid U.S. retail decline. Brinker International raised its fiscal 2027 earnings guidance to $13.30-$13.90 a share after Chili's posted 10.1% same-store sales growth, while Wingstop trimmed its U.S. same-store sales outlook to a 6.5%-7%…
Brinker Raises Fiscal 2027 Guidance
Brinker International raised its fiscal 2027 adjusted earnings guidance to $13.30-$13.90 a share and lifted its revenue forecast to $6.23-$6.33 billion after Chili's posted a 10.1% same-store sales increase, its 22nd straight quarter of growth.
Wingstop Cuts U.S. Sales Outlook
Wingstop cut its U.S. same-store sales outlook to a decline of 6.5%-7% after a 5.4% drop in the quarter, though its adjusted EPS of $1.08 topped estimates.
Chili's Posts 10.1% Sales Growth
Chili's reported a 10.1% same-store sales increase, its 22nd straight quarter of growth, with customer traffic contributing 6.4 percentage points and menu pricing adding 3.7 points.
Brinker's Q1 Results Beat Estimates
Brinker earned $2.77 adjusted EPS and $1.476 billion revenue for the quarter, topping Wall Street's $2.45 and $1.457 billion forecasts.
Wingstop's Q3 Results Show Decline
Wingstop reported a 5.4% drop in U.S. same-store sales and revenue of $185.1 million, short of Wall Street's $192.9 million forecast.
Brinker's Growth Strategy
Brinker's president Kevin Hochman highlighted the chain's sustainable growth, market share gains, and value positioning as drivers of its 52% three-year cumulative same-store sales growth.
Wingstop's Sales Recovery Concerns
Wingstop's CEO Michael Skipworth noted the company is not satisfied with third-quarter results but remains focused on restoring sustained sales growth amid consumer spending pressures.
The key point
Brinker International raised its fiscal 2027 earnings guidance to $13.30-$13.90 a share after Chili's posted 10.1% same-store sales growth, while Wingstop trimmed its U.S. same-store sales outlook to a 6.5%-7% decline.
