Brinker International, Inc. (NYSE: EAT) has reported its financial results for the fourth quarter ended June 25, 2025, and provided financial guidance for fiscal 2026.
In the fourth quarter of fiscal 2025, company sales were $1,448.9 million compared to $1,196.5 million in the fourth quarter of fiscal 2024, marking an increase of $252.4 million. Additionally, total revenues for the same period were $1,461.9 million, up from $1,208.2 million in the fourth quarter of fiscal 2024, representing a $253.7 million increase.
Operating income for the fourth quarter of fiscal 2025 was $142.7 million, a significant rise from $73.1 million in the fourth quarter of fiscal 2024, reflecting a $69.6 million increase. The operating income as a percentage of total revenues also saw a notable increase, reaching 9.8% compared to 6.1% in the same period the previous year.
Moreover, the restaurant operating margin (non-GAAP) for the fourth quarter of fiscal 2025 was $258.2 million, up from $182.1 million in the fourth quarter of fiscal 2024, showing a $76.1 million increase. The restaurant operating margin as a percentage of company sales (non-GAAP) also experienced growth, reaching 17.8% compared to 15.2% in the fourth quarter of fiscal 2024.
Net income for the fourth quarter of fiscal 2025 was $107.0 million, up from $57.3 million in the same period of fiscal 2024, marking a $49.7 million increase. Adjusted EBITDA (non-GAAP) for the fourth quarter of fiscal 2025 was $212.4 million, a notable rise from $141.8 million in the fourth quarter of fiscal 2024, reflecting a $70.6 million increase.
Looking at the full year fiscal 2025 results, company sales were $5,335.3 million compared to $4,371.1 million in fiscal 2024, marking a significant increase of $964.2 million. The operating income also saw a substantial rise, reaching $512.0 million in fiscal 2025 compared to $229.6 million in fiscal 2024, reflecting a $282.4 million increase.
Furthermore, the net income per diluted share for the full year fiscal 2025 was $8.32, up from $3.40 in fiscal 2024, showing a $4.92 increase. The net income per diluted share, excluding special items (non-GAAP), for the full year fiscal 2025 was $8.90, compared to $4.10 in fiscal 2024, marking a $4.80 increase.
In terms of comparable restaurant sales, Brinker International reported a 21.3% increase for the fourth quarter of fiscal 2025 compared to the same period in fiscal 2024, while Chili’s saw a 23.7% growth. However, Maggiano’s experienced a slight decrease of 0.4% in comparable restaurant sales for the same period.
Looking ahead to fiscal 2026, the company provided financial guidance, expressing confidence in its ability to grow sales and traffic throughout the year. This includes an authorization of an additional $400.0 million under their share repurchase program, allowing for a total available authority of $507.0 million.
As a result of these announcements, the company's shares have moved 2.69% on the market, and are now trading at a price of $159.04. If you want to know more, read the company's complete 8-K report here.
