Brinker swings to 4Q profit, but sales tumble

DALLAS Brinker International Inc. on Thursday reported weak sales at its three casual-dining brands, including flagship Chili’s Grill & Bar, during the fourth quarter and predicted that same-store sales would continue to decline in the new fiscal year.

Shares in Brinker were down more than 16 percent in midday trading Thursday after the company reported its fourth-quarter results.

Brinker said same-store sales in the quarter fell 9 percent across all

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish