Brinker Stock at Record High as Chili's Draws Crowds
Shares of Brinker International hit an all-time high after diners swarmed its Chili's Grill & Bar chain in the last three months of 2024 for meal deals, boosting sales and profits.
The restaurant operator, which also owns Maggiano's Little Italy, Wednesday said traffic at Chili's jumped 20% last quarter as new customers gave the chain a try and returning guests came in more frequently.
The results blew past Wall Street expectations. Brinker shares climbed more than 16% to a record high of $180 in early trading...
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