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Chili’s Parent Wants a Bigger Slice of Fast Food’s Digital Business — CEO Calls Takeout the ‘Next Big Frontier’

BenzingaAnusuya Lahiri

Brinker International (EAT) stock jumped on strong FY27 outlook and Chili's same-store sales growth despite a slight Q4 earnings miss.

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  1. The Motley FoolJeremy Bowman

    Why Brinker International Stock Jumped Today

    Brinker International (Chili's parent company) stock rose 3.49% after Northcoast upgraded the stock from neutral to buy with a $275 price target, implying 37% upside. The upgrade was driven by strong growth at Chili's, menu improvements, better marketing, and management confidence in achieving in-store margins exceeding 20%. While hypergrowth may be slowing, the company targets 4%-6% annual revenue growth through fiscal 2029 with double-digit adjusted EPS growth.