BRINKER INTERNATIONAL INC
For the period ended Mar 27, 2024. Filed Apr 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 27, 2024 · Filed Apr 30, 2024
EAT$195.15-4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
Consolidated Statements of Comprehensive Income (Unaudited)
(In millions, except per share amounts)
| Thirteen Week Periods Ended | Thirty-Nine Week Periods Ended | |||
|---|---|---|---|---|
| March 27,2024 | March 29,2023 | March 27,2024 | March 29,2023 | |
| Revenues | ||||
| Company sales | $1,108.9 | $1,072.9 | $3,174.6 | $3,028.4 |
| Franchise revenues | 11.4 | 10.3 | 32.3 | 29.3 |
| Total revenues | 1,120.3 | 1,083.2 | 3,206.9 | 3,057.7 |
| Operating costs and expenses | ||||
| Food and beverage costs | 277.8 | 287.5 | 809.7 | 866.4 |
| Restaurant labor | 370.6 | 361.2 | 1,074.8 | 1,026.4 |
| Restaurant expenses | 303.4 | 280.9 | 888.9 | 818.1 |
| Depreciation and amortization | 42.6 | 42.5 | 125.8 | 126.2 |
| General and administrative | 46.1 | 40.6 | 131.7 | 115.7 |
| Other (gains) and charges | 9.9 | 6.3 | 19.5 | 19.8 |
| Total operating costs and expenses | 1,050.4 | 1,019.0 | 3,050.4 | 2,972.6 |
| Operating income | 69.9 | 64.2 | 156.5 | 85.1 |
| Interest expenses | 16.2 | 14.2 | 49.9 | 40.4 |
| Other income, net | (0.2) | (0.6) | (0.3) | (1.3) |
| Income before income taxes | 53.9 | 50.6 | 106.9 | 46.0 |
| Provision (benefit) for income taxes | 5.2 | (0.1) | 8.9 | (2.4) |
| Net income | $48.7 | $50.7 | $98.0 | $48.4 |
| Basic net income per share | $1.10 | $1.15 | $2.21 | $1.10 |
| Diluted net income per share | $1.08 | $1.12 | $2.17 | $1.08 |
| Basic weighted average shares outstanding | 44.3 | 44.1 | 44.4 | 44.0 |
| Diluted weighted average shares outstanding | 45.2 | 45.1 | 45.2 | 44.8 |
| Other comprehensive income (loss) | ||||
| Foreign currency translation adjustment | $(0.2) | $0.1 | $(0.2) | $(0.8) |
| Comprehensive income | $48.5 | $50.8 | $97.8 | $47.6 |
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