Brinker International, Inc. · NYSE:EAT
Brinker International — Q1 FY2025 Earnings Presentation
7 slides from Brinker International's earnings presentation, Oct 30, 2024
Slide 1: Q1 F25 October 30, 2024
», Brinker INTERNATIONAL» «3S MAGGIANO’S Ql F25 October 30, 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 – F24, F25
SAME STORE SALES – F24,F25 Brinker Chili’s Maggiano’s Domestic Franchise International Franchise Q1 F24 5.8% 6.1% 2.6% 5.0% 3.4% Q2 F24 5.2% 5.0% 6.7% 6.4% (2.7%) Q3 F24 3.3% 3.5% 1.7% 4.9% (0.8%) Q4 F24 13.5% 14.8% 2.5% 10.3% 0.5% FY F24 7.0% 7.4% 3.5% 7.1% (2.0%) Brinker Chili’s Maggiano’s Domesti
Slide 4: Brinker Sales and Revenue
BRINKER SALES AND REVENUE * Chili’s Company Sales Maggiano’s Company Sales $1,073 $147 1018.9 $988 $898 $121 $124 $917 $104108.4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 F24 F25 F24 F25 Total Company Sales Total Revenues $1,197 $1,208 1127.3 1138.9 $1,109 $1,133 $1,064 $1,074 $1,002 $1,013 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 F2
Slide 5: Menu Price Offsets Commodity Inflation and Unfavorable COS Mix
MENU PRICE DRIVES OFFSETS COMMODITY INFLATION AND UNFAVORABLE COS MIX 50 bps (1.7%) 60 bps 25.8% 25.2% Source: Brinker data 5
Slide 6: Sales Leverage Drives Significantly Lower Q1 Labor Cost
SALES LEVERAGE DRIVES SIGNIFICANTLY LOWER Q1 LABOR COST 40 bps (10 bps) (240 bps) 80 bps 34.8% 33.5% Source: Brinker data 6
Slide 7: Q1 Restaurant Exp. Lower Due to Sales Leverage Despite Higher R&M Expense
Q1 RESTAURANT EXP. LOWER DUE TO SALES LEVERAGE DESPITE HIGHER R&M EXPENSE 30 bps (30 bps) 130 bps (250 bps) 29.0% 27.8% Source: Brinker data 7
Brinker International — Q1 FY2025 Earnings Presentation on 6ix