Brinker International Announces August Sales
09 Settembre 2004 - 11:04PM
PR Newswire (US)
Brinker International Announces August Sales DALLAS, Sept. 9
/PRNewswire-FirstCall/ -- Brinker International, Inc. (NYSE:EAT),
announced today comparable store sales decreased 1.7 percent for
the four-week period ending Sept. 1, 2004. August comparable store
sales for Brinker and the four reported brands were as follows:
August FY '05 August FY '04 Brinker -1.7% 3.0% Chili's -2.7% 3.5%
Macaroni Grill -3.2% 2.9% Maggiano's 0.2% 0.8% On The Border 5.3%
2.7% August price increases and product mix-shifts for Brinker and
the four reported brands were as follows: Price Increase Product
Mix-Shift Brinker 2.3% 0.1% Chili's 2.5% 0.2% Macaroni Grill 2.3%
-0.7% Maggiano's 2.3% 1.2% On The Border 1.6% 0.4% The company
noted its August 2004 Brinker comparable store sales were
negatively impacted 0.5 percent by Hurricane Charley. By brand,
comparable store sales were negatively impacted 0.6 percent at
Chili's, 0.4 percent at Macaroni Grill and 0.3 percent at
Maggiano's. August 2003 Brinker comparable store sales were
negatively impacted by approximately 0.4 percent due to the
blackout in several states last year. The company also noted
September 2004 Brinker comparable store sales will be negatively
impacted by Hurricane Frances by approximately 1 percent. As of
today, virtually all of the restaurants that were closed due to the
hurricane have reopened. The company now anticipates first quarter
fiscal 2005 earnings per diluted share to be $0.38 to $0.40 and
full year fiscal 2005 earnings per share to be $2.14 to $2.26,
excluding a refranchising gain of $0.03 in the first quarter. This
is based on quarterly comparable sales of -2 to 0 percent.
Including the $0.03 refranchising gain in the first quarter, first
quarter fiscal 2005 reported earnings per diluted share are
expected to be $0.41 to $0.43 and full year fiscal 2005 reported
earnings per diluted share are expected to be $2.17 to $2.29. A
recorded message providing perspective on August sales will be
available beginning Thursday, September 9, at 4:30 p.m. EDT through
Monday, September 13, by dialing 1-973-528-0005 and entering pass
code 1313. Brinker International either owns, operates, franchises,
or is involved in the ownership of 1,492 restaurants under the
names Chili's Grill & Bar (992 units), Romano's Macaroni Grill
(217 units), Maggiano's Little Italy (29 units), On The Border
Mexican Grill & Cantina (129 units), Corner Bakery Cafe (86
units), Big Bowl Asian Kitchen (14 units), and Rockfish Seafood
Grill (25 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, terrorist acts,
consumer perception of food safety, changes in consumer taste,
changes in demographic trends, availability of employees,
unfavorable publicity, the company's ability to meet its growth
plan, acts of God, governmental regulations, and inflation.
Contacts: Louis Adams, Media Relations (972) 770-4967 Lynn
Schweinfurth, Investor Relations (972) 770-7228 DATASOURCE: Brinker
International, Inc. CONTACT: Louis Adams, Media Relations,
+1-972-770-4967, or Lynn Schweinfurth, Investor Relations,
+1-972-770-7228, both of Brinker International, Inc. Web site:
http://www.brinker.com/
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