Brinker International, Inc. · NYSE:EAT
Brinker International — Q4 2024 Earnings Presentation
7 slides from Brinker International's earnings presentation, Aug 14, 2024
Slide 1: Q4 F24 – August 14, 2024
», Brinker INTERNATIONAL-~ «3S MAGGIANO’S Q4 F24 August 14, 2024
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT During these presentations, and in response to your questions, certain items may be discussed which are not based entirely on historical facts. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1
Slide 3: Same Store Sales – F23, F24
SAME STORE SALES – F23,F24 Brinker Chili’s Maggiano’s Domestic Franchise International Franchise Q1 F23 5.3% 3.8% 18.2% 0.6% 10.4% Q2 F23 9.7% 8.0% 21.2% 4.1% 7.3% Q3 F23 10.8% 9.6% 21.6% 5.6% 12.5% Q4 F23 6.6% 6.3% 9.1% 2.9% 5.9% FY F23 8.1% 7.0% 17.3% 3.3% 13.3% Brinker Chili’s Maggiano’s Domestic
Slide 4: Brinker Sales and Revenue
BRINKER SALES AND REVENUE * Chili’s Company Sales Maggiano’s Company Sales $1,073 $988 $140 $147 $898 $917 $953 $944 $120 $121 $121 $124 $841 $869 $106 $104 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 F23 F24 F23 F24 Total Company Sales Total Revenues $1,197 $1,208 $1,109 $1,133 $1,064 $1,073 $1,065 $1,074 $1,083 $1,07
Slide 5: Menu Price / Mix Drove Decrease in Q4 COGS
MENU PRICE / MIX DROVE DECREASE IN Q4 COGS 30 bps (170 bps) 26.3% 24.9% Source: Brinker data 5
Slide 6: Q4 Sales Leverage Led to Labor Decrease Despite Higher Hourly Labor, Bonus & Salaries
Q4 SALES LEVERAGE LED TO LABOR DECREASE DESPITE HIGHER HOURLY LABOR, BONUS & SALARIES 30 bps (10 bps) (260 bps) 40 bps 70 bps 34.1% 32.8% Source: Brinker data 6
Slide 7: Q4 Restaurant Exp. Increase Driven by Higher R&M & Advertising
Q4 RESTAURANT EXP. INCREASE DRIVEN BY HIGHER R&M & ADVERTISING 80 bps (50 bps) (240 bps) 140 bps 160 bps 27.1% 26.2% Source: Brinker data 7
Brinker International — Q4 2024 Earnings Presentation on 6ix