Brinker International (EAT) call put ratio 10.5 calls to 1 put with focus on August 72.50 calls into quarter results
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Morgan Stanley on Brinker Int'l (EAT): 'Sales Great, Flow Through Less So, Likely Expectations Reset Here'
August 14, 2024 8:55 AM EDTMorgan Stanley analyst Brian Harbour reiterated an Underweight rating and $50.00 price target on Brinker Int'l (NYSE: EAT)
The analyst comments "Our Take: EAT's sales performance was very impressive in the F4Q, and pretty well understood pre-quarter (mix was even positive, to EAT's credit, despite the significant value focus, and Chili's traffic +6%), so the question was what the earnings flow... More
