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Brinker International's Fiscal Q4 Non-GAAP Net Income, Revenue Rise
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Brinker International's Fiscal Q4 Non-GAAP Net Income, Revenue Rise
Aug 14, 2024 4:47 AM

07:28 AM EDT, 08/14/2024 (MT Newswires) -- Brinker International ( EAT ) reported fiscal Q4 non-GAAP net income Wednesday of $1.61 per diluted share, up from $1.39 a year earlier.

Analysts polled by Capital IQ expected $1.72.

Total revenue for the quarter ended June 26 was $1.21 billion, up from $1.08 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.16 billion.

The company said it expects fiscal 2025 non-GAAP net income of $4.35 to $4.75 per diluted share. Analysts surveyed by Capital IQ expect $4.78. Revenue for fiscal 2025 is expected to be $4.55 billion to $4.62 billion. Analysts polled by Capital IQ expect $4.52 billion.

The company's shares tumbled more than 15% in recent premarket activity.

Price: 59.35, Change: -11.05, Percent Change: -15.70

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