From Yahoo Finance: 2025-05-02 17:45:00

Brinker International (NYSE: EAT) saw a nearly 17% drop in its stock price over the week after releasing its fiscal third-quarter results. The company reported revenue of just under $1.43 billion, a 27% increase year over year, beating analyst estimates. GAAP net income more than doubled to $119 million, with non-GAAP profitability per share increasing to $2.66. Analysts are concerned about the impact of the trade war on nonessential spending like restaurant meals, leading to price target cuts from Wells Fargo and Barclays. Despite investor worries, Brinker has shown strong growth potential in a challenging industry.



Read more at Yahoo Finance: Why Brinker International Stock Plummeted by Almost 17% This Week