Brinker International, Inc. · NYSE:EAT
Brinker International — Q2 FY2024 Earnings Presentation
7 slides from Brinker International's earnings presentation, Jan 31, 2024
Slide 1: Q2 F24 January 31, 2024
<, Brinker INTERNATIONAL «3S MAGGIANO’S Q2 F24 January 31, 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 $953 $944 $140 $147 $898 $917 $841 $869 $120 $121 $106 $104 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 F23 F24 F23 F24 Total Company Sales Total Revenues $1,064 $1,073 $1,065 $1,074 $1,083 $1,076 $1,002 $1,009 $1,013 $1,019 $946 $956 Q1 Q2 Q3 Q
Slide 5: Menu Price, Commodities Contribute to Decrease in Q2 Food Cost
MENU PRICE, COMMODITIES CONTRIBUTE TO DECREASE IN Q2 FOOD COST 28.7% (80 bps) (220 bps) 25.8% Source: Brinker data 5
Slide 6: Wages, Manager Salaries Drive Slight Labor Increase
WAGES, MANAGER SALARIES DRIVE SLIGHT LABOR INCREASE 60 bps (160 bps) 140 bps 33.5% 33.1% Source: Brinker data 6
Slide 7: Restaurant Exp. Increase Driven by Advertising, R&M
RESTAURANT EXP. INCREASE DRIVEN BY ADVERTISING, R&M 40 bps (100 bps) 50 bps 220 bps (100 bps) 27.7% 26.6% Source: Brinker data 7
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