Brinker International Inc (EAT) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and ...

Release Date: April 29, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript .

Positive Points

Negative Points

Q & A Highlights

Q : With tougher comparisons coming up, how confident are you in sustaining same-store sales growth? A : Kevin Hochman, President and CEO, emphasized their focus on improving the fundamentals of casual diningfood, service, and atmosphere. He expressed confidence in continuing to grow comps by maintaining these improvements, despite the challenges of tougher comparisons.

Q : Are there any notable shifts in the contributors to your recent momentum, such as 3 for Me utilization or marketing benefits? A : Mika Ware, CFO, noted that momentum has been sustainable moving from Q3 into Q4. While they will roll off some price and mix, traffic remains strong year over year, indicating consistent momentum.

Q : Can you clarify the CapEx guidance increase and what it entails? A : Mika Ware explained that the increase is primarily due to the installation of new TurboChef ovens and general equipment maintenance. This investment is part of their strategy to maintain updated assets and support elevated sales.

Q : How do you plan to maintain or grow restaurant-level margins into FY26? A : Mika Ware expressed confidence in maintaining or growing margins by continuing to invest in the business, leveraging pricing power, and improving productivity as teams adapt to higher traffic levels.

Q : How are you managing potential tariff impacts on costs, particularly for items like Tequila and avocados? A : Mika Ware stated that over 80% of their supply chain is domestically sourced, minimizing tariff impacts. They have flexibility to adjust their supply chain and believe their current pricing strategy can absorb any potential tariffs.

For the complete transcript of the earnings call, please refer to the full earnings call transcript .

This article first appeared on GuruFocus .