Fitch Cuts Brinker International (EAT) to 'BB+' Following Q4 Results
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Brinker International Reports Year-Over-Year Increases In Fourth Quarter And Full Fiscal Year EPS
August 11, 2016 7:15 AM EDTDALLAS, Aug. 11, 2016 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced results for the fiscal fourth quarter ended June 29, 2016.
Highlights include the following:
In 2016, the fourth quarter and fiscal year included an additional operating week (53rd week) compared to fiscal 2015 On a GAAP basis, earnings per diluted share increased 20.7 percent to $1.11 compared to $0.92 for the fourth quarter of fiscal 2015. On a GAAP basis, earnings per diluted share increased 12.1 percent to $3.42 compared to $3.05 for the full year fiscal 2015 Earnings per diluted share, excluding special items, increased... More