Brinker International traded at $185.33 this Tuesday July 14th, decreasing $3.94 or 2.08 percent since the previous trading session. Looking back, over the last four weeks, Brinker International lost 18.62 percent. Over the last 12 months, its price rose by 12.66 percent. Looking ahead, we forecast Brinker International to be priced at 181.39 by the end of this quarter and at 170.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Brinker International, Inc. is an owner, operator and franchisor of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands, as well as certain virtual brands, including It’s Just Wings. The Company operates through two segments: Chili’s and Maggiano’s. The Chili’s segment includes its Company-owned Chili’s restaurants, which are principally located in the United States, within the full-service casual dining segment of the industry. The Chili’s segment also has Company-owned restaurants in Canada, and franchised locations in the United States, approximately 27 countries and two United States territories. The Maggiano’s segment includes its Company-owned Maggiano’s restaurants in the United States as well as its domestic franchise business. The Company invests in virtual brands, restaurant-like menu offerings that are only available for purchase digitally.