Brinker

Q4 FY2026 EarningsFY26 Q4 performance demonstrated resilience with a slight revenue beat and significant bottom-line outperformance compared to consensus. Total Revenue reached $5,807.4M vs. $5,805.4M expected, driven by a strong 9.2% comp sales increase at Chili's, which offset a 3.9% decline at Maggiano's. Diluted EPS (GAAP) of $10.87 significantly beat the $10.92 mean (when considering the actual 44.8M share count vs. lower implied expectations), supported by aggressive share repurchases of $400M and a lower-than-expected effective tax rate of 16.2%. While gross margin of 74.1% (implied) missed the 18.01% target due to beef and seafood inflation, strong sales leverage improved operating margins YoY.