=Brinker (EAT) reported earnings Thur 11 Aug 2016 (b/o)

Brinker beats by $0.01, reports revs in-line; reaffirms FY17 EPS, comp guidance, guides FY17 revs in-line  :

• Reports Q4 (Jun) earnings of $1.24 per share, $0.01 better than the Capital IQ Consensus of $1.23; revenues rose 15.4% year/year to $881.7 mln vs the $881.19 mln Capital IQ Consensus.
• Co reaffirmed FY16 EPS near low end of $3.55-3.65 range on June 8 ahead of Investor Day.
  • Chili's fourth quarter company-owned comparable restaurant sales decreased 1.8 percent
  • Maggiano's fourth quarter comparable restaurant sales decreased 1.7 percent
  • Chili's franchise fourth quarter comparable restaurant sales decreased 3.4 percent, which includes a 2.1 percent and 5.5 percent decrease for U.S. and international franchise restaurants, respectively
  • Restaurant operating margin, as a percent of company sales, declined ~20 basis points to 18.3 percent compared to 18.5 percent for the fourth quarter of fiscal 2015.