Sales Decline at Chili’s During ‘Choppy’ First Quarter
Brinker International, Inc. announced results for the fiscal first quarter ended September 28.
Highlights include the following:
Brinker’s total revenues decreased 0.5 percent to $758.5 million compared to the first quarter of fiscal 2016 and company sales decreased 0.4 percent to $737.4 million compared to the first quarter of fiscal 2016.
Chili’s company-owned comparable restaurant sales decreased 1.4 percent.
Maggiano’s comparable restaurant sales decreased 0.6 percent.
Chili’s franchise comparable restaurant sales decreased 0.6 percent, which includes a 1.6 percent decrease for U.S. franchise restaurants, partially offset by an increase of 0.9 percent for international franchise restaurants.
Operating income, as a