Brinker International Announces February Sales
03 Marzo 2004 - 10:00PM
PR Newswire (US)
Brinker International Announces February Sales DALLAS, March 3
/PRNewswire-FirstCall/ -- Brinker International, Inc. , a leader in
casual dining, announced today comparable store sales increased 4.1
percent for the four-week period ending February 25, 2004. February
comparable store sales for the four reported brands were as
follows: February FY '04 February FY '03 Chili's 4.2% 2.3% Macaroni
Grill 2.4% -0.9% Maggiano's 6.3% -0.1% On The Border 5.3% -1.0%
February comparable store sales were negatively impacted by
approximately 1 percent due to the calendar shift of Super Bowl
weekend from the January period in fiscal 2003 to the February
period in fiscal 2004. This negative impact was offset by favorable
weather comparisons to last year, which positively impacted
February 2004 comparable store sales by 1.0 to 1.5 percent.
February price increases and product mix-shifts for Brinker and the
four reported brands were as follows: Price Increase Product
Mix-Shift Brinker 2.3% -0.5% Chili's 2.5% -0.9% Macaroni Grill 2.1%
0.3% Maggiano's 2.4% 2.5% On The Border 1.3% -0.4% Brinker now
anticipates third quarterfiscal 2004 earnings to be $0.52 to $0.53
per share, based on quarterly comparable store sales growth in the
0 to 2 percent range. As previously noted, the Christmas Day
calendar shift will decrease third quarter comparable store sales
by approximately 1 percent. A recorded message providing
perspective on February sales information will be available
beginning Wednesday, March 3rd at 4:30 p.m. EST through Friday,
March 5th by dialing 1-973-528-0005 and entering pass code 1313.
Brinker International either owns, operates, franchises, or is
involved in the ownership of 1,466 restaurants under the names
Chili's Grill & Bar (955 units), Romano's Macaroni Grill (217
units), Maggiano's Little Italy (28 units), On The Border Mexican
Grill & Cantina (133 units), Corner Bakery Cafe (89 units), Big
Bowl Asian Kitchen (20 units), and Rockfish Seafood Grill (24
units). The statements contained in this release that are not
historical facts are forward-looking statements. These
forward-looking statements involve risks and uncertainties and,
consequently, could be affected by general business and economic
conditions, the impact of competition, the seasonality of the
company's business, adverse weather conditions, future commodity
prices, fuel and utility costs and availability, governmental
regulations, and inflation. Contacts: Louis Adams, Media Relations
Hil Davis, Investor Relations (972) 770-4967 (972) 770-7228
DATASOURCE: Brinker International, Inc. CONTACT: Louis Adams, Media
Relations, +1-972-770-4967, or Hil Davis, Investor Relations,
+1-972-770-7228, both of Brinker International, Inc. Web site:
http://www.brinker.com/
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