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parent company Brinker InternationalCNBC
•75% Informative
Chili's reported same-store sales growth of 14.8% in its latest quarter , fueled by the popularity of its Triple Dipper and its $ 10.99 Big Smasher meal.
Brinker International disappointed investors with its outlook as the company waits to see if the economy worsens.
CEO Kevin Hochman says the performance is just a sign customers are finally catching onto the chain's two-year turnaround.
But Brinker is playing it safe in case the economy worsens. "It's important for our team to set goals that we think are achievable," Hochman said. "[The economy] certainly has taken a turn for the worse in the past three to four months ," he added..
VR Score
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