Brinker Raises 2027 Outlook After Adjusted Earnings of $2.77 Beat Analyst Estimates

Key Facts

Brinker International raised its fiscal 2027 outlook after reporting adjusted earnings of $2.77 per share in the first quarter, beating the analyst estimate of $2.42 by $0.35, according to data cited by Investing.com from Reuters. Quarterly revenue was $1.47 billion, compared with a consensus estimate of $1.45 billion. The company reported results before the market opened on October 28, 2026, and scheduled its conference call for 11 a.m. Eastern Time the same day. The figures put the start of the new fiscal year above analysts' estimates for earnings and revenue, while the company raised both ranges in its annual outlook. This comes as Chili's continued to post comparable sales growth, while results across the two brands remained mixed.

Brinker set its fiscal 2027 diluted earnings per share outlook, excluding special items, at $13.30 to $13.90, compared with the analyst consensus of $13.28, according to Investing.com, citing Reuters. It also set its annual revenue range at $6.23 billion to $6.33 billion, versus a consensus estimate of $6.29 billion. The announced range means the company's earnings estimate starts slightly above the analyst consensus, while its revenue estimate spans that consensus. The company had raised its fiscal-year revenue and earnings outlook ranges alongside quarterly results that exceeded the cited estimates. The available information does not include a prior figure for comparison with the new outlook ranges, so the announced change here centers on the annual levels and their comparison with analyst estimates.

The results followed strong performance by flagship brand Chili's in the previous fiscal year. CEO Kevin Hochman said in the fiscal 2026 fourth-quarter results announcement that Chili's had completed five consecutive years of same-store sales growth, achieving a cumulative increase of 71% over that period. In the fourth quarter of fiscal 2026, the company's comparable sales rose 5.0%, while Chili's posted an increase of 5.6%, according to Brinker. These figures provide a backdrop for comparison with Chili's growth in the first quarter of fiscal 2027, but they relate to earlier periods and do not represent rates for the new quarter. The company's earlier statement also reported fourth-quarter revenue of $1,535.8 million, compared with $1,461.9 million in the fourth quarter of fiscal 2025, and net income of $131.1 million versus $107.0 million.

Brinker recorded year-over-year increases in revenue and net income in the fourth quarter of fiscal 2026, according to figures in its statement: revenue rose from $1,461.9 million in the corresponding period of fiscal 2025 to $1,535.8 million, while net income climbed from $107.0 million to $131.1 million. Comparable sales growth for the company was 5.0% in the fourth quarter, including a 5.6% increase at Chili's. These indicators complete the picture of the previous year that Hochman referred to when he cited five years of Chili's sales growth and a cumulative increase of 71%. The new first-quarter results show adjusted earnings per share beating the estimate by $0.35 and revenue topping the $1.45 billion estimate, as Investing.com reported, citing Reuters. The comparison between the periods puts the company's performance in context without conflating fourth-quarter figures with first-quarter rates.

Ahead of the announcement, Brinker shares closed at $196.72, according to an Investing.com report dated October 28, 2026. The report said the stock had fallen 7.95% over three months but risen 71.09% over 12 months. These moves combine a decline over the shorter term with gains over a year, while quarterly results came in above the analyst estimates cited in the report. The report does not provide the stock's movement after the results announcement, so the price reading is limited to the close and changes recorded through the report date. The company reported results before the market opened on October 28 and scheduled its conference call for 11 a.m. Eastern Time that day. The call was therefore the next announced event after the first-quarter results and the annual outlook update were published.