Form 8-K

8-K — BRINKER INTERNATIONAL, INC

Accession: 0000703351-26-000013

Filed: 2026-04-29

Period: 2026-04-29

CIK: 0000703351

SIC: 5812 (RETAIL-EATING PLACES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — eat-20260429.htm (Primary)

EX-99.1 (fy26q3ex991-earningsrelease.htm)

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GRAPHIC — BRINKER LOGO (eat-20260429_g1.jpg)

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8-K

8-K (Primary)

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0000703351false00007033512026-04-292026-04-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 29, 2026

BRINKER INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

DE 1-10275 75-1914582

(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

3000 Olympus Blvd

Dallas TX 75019

(Address of principal executive offices) (Zip Code)

(972) 980-9917

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of exchange on which registered

Common Stock, $0.10 par value

EAT NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

SECTION 2 – FINANCIAL INFORMATION

Item 2.02. Results of Operations and Financial Conditions.

The information contained under this Item 2.02 in this Current Report on Form 8-K, including the Exhibit attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.

On April 29, 2026, Brinker International, Inc. (the “Company”) issued a Press Release announcing its third quarter of fiscal 2026 results and updated guidance for fiscal 2026. A copy of the Press Release is attached hereto as Exhibit 99.1.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated April 29, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BRINKER INTERNATIONAL, INC.,

a Delaware corporation

Dated: April 29, 2026 By: /S/ KEVIN D. HOCHMAN

Kevin D. Hochman,

President and Chief Executive Officer

of Brinker International, Inc. and President

of Chili’s Grill & Bar and Maggiano's Little Italy

(Principal Executive Officer)

EX-99.1

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Document

Exhibit 99.1

BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2026 RESULTS AND UPDATES FISCAL 2026 GUIDANCE

DALLAS (April 29, 2026) – Brinker International, Inc. (NYSE: EAT) today announced its financial results for the third quarter ended March 25, 2026.

Third Quarter Fiscal 2026 Financial Highlights

“Chili’s delivered its 20th consecutive quarter of same-store sales growth, up 4%, lapping a 31% increase a year ago,” said Kevin Hochman, President and CEO of Brinker International. “Guest demand remained strong in the quarter, recovering quickly after significant weather headwinds in January, driven by continuous improvements in food, service, and atmosphere, along with unmatched everyday value.”

Company sales were $1,455.5 million in the third quarter of fiscal 2026 compared to $1,413.0 million in the third quarter of fiscal 2025. Company comparable restaurant sales increased 3.3% in the third quarter of fiscal 2026, including 4.0% for Chili’s. Chili’s comparable restaurant sales for February and March both increased 5.9% with positive traffic, reflecting the underlying strength and momentum of the business. In contrast, Chili’s January comparable restaurant sales of 0.6% were adversely impacted by Winter Storm Fern and one fewer operating day resulting from a holiday shift.

Chili’s continued strong performance is driven by a disciplined strategy focused on improving the fundamentals of food, service, and atmosphere, supported by ongoing menu innovation, everyday value, and attention‑capturing media and advertising that reinforce the Company’s value proposition, drive trial among new guests, and strengthen loyalty. During the quarter, the Company utilized operational cash flow to pay the outstanding amount on the company’s revolver and repurchased $108.0 million of the Company’s common stock.

Financial results for the third quarter of fiscal 2026 and fiscal 2025 were as follows (in millions, except per share amounts and percentages):

Third Quarter

2026 2025 Variance

Company sales

$ 1,455.5 $ 1,413.0 $ 42.5

Total revenues $ 1,470.2 $ 1,425.1 $ 45.1

Operating income $ 166.6 $ 156.9 $ 9.7

Operating income as a % of Total revenues 11.3 % 11.0 % 0.3 %

Restaurant operating margin, non-GAAP(1)

$ 267.4 $ 266.8 $ 0.6

Restaurant operating margin as a % of Company sales, non-GAAP(1)

18.4 % 18.9 % (0.5) %

Net income $ 127.9 $ 119.1 $ 8.8

Adjusted EBITDA, non-GAAP(1)

$ 223.7 $ 220.6 $ 3.1

Net income per diluted share

$ 2.87 $ 2.56 $ 0.31

Net income per diluted share, excluding special items, non-GAAP(1)

$ 2.90 $ 2.66 $ 0.24

Comparable Restaurant Sales(2)

Q3:26 vs 25

Brinker 3.3 %

Chili’s 4.0 %

Maggiano’s (4.6) %

(1)See Non-GAAP Information and Reconciliations section below for more details.

(2)Comparable Restaurant Sales include restaurants that have been in operation for more than 18 full months. Restaurants temporarily closed for 14 days or more are excluded from comparable restaurant sales. Percentage amounts are calculated based on the comparable periods year-over-year.

Updates to Full Year Fiscal 2026 Guidance

We are providing the following updated select financial guidance for fiscal 2026:

Updated Fiscal 2026 Guidance

Previous Fiscal 2026 Guidance

Total revenues

$5.78 billion - $5.82 billion

$5.76 billion - $5.83 billion

Net income per diluted share, excluding special items, non-GAAP

$10.60 - $10.85

$10.45 - $10.85

Capital expenditures

$240.0 million - $250.0 million

$250.0 million - $260.0 million

Diluted weighted average shares

44.7 million - 45.0 million

44.7 million - 45.2 million

The risks outlined in the Forward-Looking Statements paragraph of this press release, among other risks, could cause actual results to differ materially from forecasted results. We are unable to reliably forecast special items without unreasonable effort. As such, we do not present a reconciliation of forecasted non-GAAP measures to the corresponding GAAP measures.

Third Quarter of Fiscal 2026 Operating Performance

Segment Performance

The table below presents selected financial information (in millions, except as noted) related to our segments’ operational performance for the thirteen week periods ended March 25, 2026 and March 26, 2025:

Chili’s Maggiano’s

Third Quarter Variance Third Quarter Variance

2026 2025 2026 2025

Company sales

$ 1,348.1 $ 1,292.2 $ 55.9 $ 107.4 $ 120.8 $ (13.4)

Franchise revenues

14.5 11.9 2.6 0.2 0.2 —

Total revenues $ 1,362.6 $ 1,304.1 $ 58.5 $ 107.6 $ 121.0 $ (13.4)

Company restaurant expenses(1)

$ 1,090.6 $ 1,042.1 $ 48.5 $ 97.1 $ 103.5 $ (6.4)

Company restaurant expenses as a % of Company sales

80.9 % 80.6 % 0.3 % 90.4 % 85.7 % 4.7 %

Operating income - GAAP $ 209.4 $ 197.7 $ 11.7 $ 4.6 $ 10.7 $ (6.1)

Operating income (loss) as a % of Total revenues

15.4 % 15.2 % 0.2 % 4.3 % 8.8 % (4.5) %

Restaurant operating margin, non-GAAP(2)

$ 257.5 $ 250.1 $ 7.4 $ 10.3 $ 17.3 $ (7.0)

Restaurant operating margin as a % of Company sales, non-GAAP(2)

19.1 % 19.4 % (0.3) % 9.6 % 14.3 % (4.7) %

(1)Company restaurant expenses includes Food and beverage costs, Restaurant labor and Restaurant expenses, and excludes Depreciation and amortization, General and administrative and Other (gains) and charges.

(2)See Non-GAAP Information and Reconciliations section below for more details.

Chili’s

•Chili’s Company sales increased primarily due to favorable comparable restaurant sales driven by menu pricing, partially offset by lower traffic.

•Chili’s Company restaurant expenses, as a percentage of Company sales, increased primarily due to unfavorable commodity costs and menu item mix, higher manager salaries, repairs and maintenance, delivery fees and to-go supplies, and other restaurant expenses partially offset by sales leverage.

•Chili’s franchisees generated sales of approximately $274.1 million for the third quarter of fiscal 2026 compared to $237.4 million for the third quarter of fiscal 2025.

Maggiano’s

•Maggiano’s Company sales decreased primarily due to unfavorable comparable restaurant sales and unfavorable impact of restaurant closures. Unfavorable comparable restaurant sales were driven by lower traffic, partially offset by menu pricing.

•Maggiano’s Company restaurant expenses, as a percentage of Company sales, increased primarily due to sales deleverage, unfavorable menu item mix and commodity costs, higher delivery fees and to-go supplies, and other restaurant expenses, partially offset by lower hourly labor, manager bonus, and worker’s compensation and general liability insurance.

Corporate

•On a GAAP basis, the effective income tax rate was 18.4% in the third quarter of fiscal 2026. The effective income tax rate is lower than the statutory rate of 21.0% primarily due to leverage of the FICA tip credit. Excluding the impact of special items, the effective income tax rate was an expense of 18.7% in the third quarter of fiscal 2026.

Webcast Information

Investors and interested parties are invited to listen to today’s conference call, as management will provide further details of the quarter and business updates. A real-time audio webcast of the presentation can be accessed via the Events and Presentations section of the Brinker Investor Relations page. The call will be broadcast live today, April 29, 2026 at 8 a.m. CDT:

https://investors.brinker.com/events-and-presentations/

For those who are unable to listen to the live broadcast, a replay of the call will be available shortly thereafter.

Additional financial information, including statements of income which detail operations excluding special items, and comparable restaurant sales trends by brand, is also available on Brinker’s website under the Financial Information section of the Investor tab.

Forward Calendar

•SEC Form 10-Q for the third quarter of fiscal 2026 filing on or before May 4, 2026

•Earnings release call for the fourth quarter of fiscal 2026 on August 12, 2026

Non-GAAP Measures

Brinker management uses certain non-GAAP measures in analyzing operating performance and believes that the presentation of these measures in this release provides investors with information that is beneficial to gaining an understanding of the Company’s financial results. Non-GAAP disclosures should not be viewed as a substitute for financial results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Reconciliations of these non-GAAP measures are included in the tables below.

About Brinker

Brinker International, Inc. is one of the world’s leading casual dining restaurant companies and home of Chili’s® Grill & Bar, and Maggiano’s Little Italy.® Founded in 1975 in Dallas, Texas, we’ve ventured far from home, but stayed true to our roots. Brinker owns, operates or franchises more than 1,600 restaurants in the United States, 28 other countries and two U.S. territories. Our passion is making everyone feel special, and we hope you feel that passion each time you visit one of our restaurants or invite us into your home through takeout or delivery. Learn more about Brinker and its brands at brinker.com.

Forward-Looking Statements

The statements and tables contained in this release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are made only based on our current plans and expectations as of the date such statements are made, and we undertake no obligation to update forward-looking statements to reflect events or circumstances arising after the date such statements are made. Forward-looking statements are neither predictions nor guarantees of future events or performance and are subject to risks and uncertainties which could cause actual results to differ materially from our historical results or from those projected in forward-looking statements. Such risks and uncertainties include, among other things, the impact of general economic conditions, including inflation, on economic activity and on our operations; disruptions on our business including consumer demand, costs, product mix, our strategic initiatives, operations, technology and assets, and our financial performance; the impact of current and potential tariffs and trade barriers; the impact of competition, including competitors employing our same strategies or discounting their offerings; changes in consumer preferences, including shifts in their brand preferences; consumer perception of food safety; reduced consumer discretionary spending; governmental regulations; the effectiveness of the Company's business strategy plan; loss of key management personnel; failure to hire and retain high-quality restaurant management and team members; increasing regulation surrounding wage inflation and competitive labor markets; the impact of social media, including the potential governmental ban of platforms used by the Company in its marketing initiatives; reputational damage or unfavorable publicity for our brands, which may result from actions of franchisees not within our control; reliance on technology and third party delivery providers; failure to protect the security of data of our guests and team members; product availability and supply chain disruptions; regional business and economic conditions; volatility in consumer, commodity, transportation, labor, currency and capital markets; litigation; franchisee success; technology failures; failure to protect our intellectual property; outsourcing; impairment of goodwill or assets; failure to maintain effective internal control over financial reporting; downgrades in credit ratings; changes in estimates regarding our assets; actions of activist shareholders; our pursuit of or failure to comply with new environmental and sustainability requirements; our pursuit of or failure to achieve any goals, targets or objectives with respect to sustainability matters; adverse weather conditions; terrorist acts; cybersecurity, artificial intelligence and phishing threats; health epidemics or pandemics; tax reform; inadequate insurance coverage; and limitations imposed by our credit agreements as well as the risks and uncertainties described in “Risk Factors” in our Annual Report on Form 10-K and future filings with the Securities and Exchange Commission.

BRINKER INTERNATIONAL, INC.

Consolidated Statements of Comprehensive Income (Unaudited)

(In millions, except per share amounts)

Thirteen Week Periods Ended Thirty-Nine Week Periods Ended

March 25, 2026 March 26, 2025 March 25, 2026 March 26, 2025

Revenues

Company sales $ 1,455.5 $ 1,413.0 $ 4,229.7 $ 3,886.4

Franchise revenues 14.7 12.1 41.9 35.9

Total revenues 1,470.2 1,425.1 4,271.6 3,922.3

Operating costs and expenses

Food and beverage costs 373.1 353.1 1,088.2 981.3

Restaurant labor 456.4 452.2 1,333.8 1,250.6

Restaurant expenses 358.6 340.9 1,054.7 979.2

Depreciation and amortization 55.0 54.7 163.2 148.7

General and administrative 58.4 58.3 175.3 163.2

Other (gains) and charges(1)

2.1 9.0 3.5 30.0

Total operating costs and expenses 1,303.6 1,268.2 3,818.7 3,553.0

Operating income 166.6 156.9 452.9 369.3

Interest expenses 10.1 13.2 31.3 42.2

Other income, net (0.2) (0.1) (0.8) (0.7)

Income before income taxes 156.7 143.8 422.4 327.8

Provision for income taxes 28.8 24.7 66.5 51.7

Net income $ 127.9 $ 119.1 $ 355.9 $ 276.1

Basic net income per share $ 2.96 $ 2.68 $ 8.09 $ 6.19

Diluted net income per share $ 2.87 $ 2.56 $ 7.90 $ 5.96

Basic weighted average shares outstanding 43.2 44.4 44.0 44.6

Diluted weighted average shares outstanding 44.5 46.4 45.1 46.4

Other comprehensive income (loss)

Foreign currency translation adjustment $ (0.1) $ 0.1 $ (0.1) $ (0.3)

Comprehensive income $ 127.8 $ 119.2 $ 355.8 $ 275.8

(1)Other (gains) and charges included in the Consolidated Statements of Comprehensive Income (Unaudited):

Thirteen Week Periods Ended Thirty-Nine Week Periods Ended

March 25, 2026 March 26, 2025 March 25, 2026 March 26, 2025

Litigation & claims, net $ 0.9 $ 2.5 $ 2.4 $ 11.1

Loss from natural disasters, net (of insurance recoveries) 0.3 — (2.0) 0.7

Restaurant closure asset write-offs and charges 0.1 0.8 2.2 2.3

Enterprise system implementation costs — 2.4 — 12.0

Severance and other benefit charges — 2.0 1.7 2.3

Lease contingencies — 1.5 — 1.5

Lease modification gain, net (0.1) (0.2) (2.6) (1.2)

Other 0.9 — 1.8 1.3

Total other (gains) and charges $ 2.1 $ 9.0 $ 3.5 $ 30.0

BRINKER INTERNATIONAL, INC.

Condensed Consolidated Balance Sheets (Unaudited)

(In millions)

March 25,

2026 June 25,

2025

ASSETS

Total current assets $ 270.5 $ 207.0

Net property and equipment 966.4 952.7

Operating lease assets 1,193.3 1,149.1

Deferred income taxes, net 76.9 101.4

Other assets 265.2 268.4

Total assets $ 2,772.3 $ 2,678.6

LIABILITIES AND SHAREHOLDERS’ EQUITY

Total current liabilities $ 681.4 $ 675.6

Long-term debt and finance leases, less current installments 424.4 426.0

Long-term operating lease liabilities, less current portion 1,182.8 1,135.3

Other liabilities 77.7 70.8

Total shareholders’ equity 406.0 370.9

Total liabilities and shareholders' equity $ 2,772.3 $ 2,678.6

BRINKER INTERNATIONAL, INC.

Condensed Consolidated Statements of Cash Flows (Unaudited)

(In millions)

Thirty-Nine Week Periods Ended

March 25, 2026 March 26, 2025

Cash flows from operating activities

Net income $ 355.9 $ 276.1

Adjustments to reconcile Net income to Net cash provided by operating activities:

Depreciation and amortization 163.2 148.7

Stock-based compensation 24.0 23.1

Deferred income taxes, net 24.5 12.6

Non-cash other (gains) and charges 6.7 11.6

Net loss on disposal of assets 6.5 8.6

Other 1.4 1.9

Changes in assets and liabilities (10.4) 10.4

Net cash provided by operating activities 571.8 493.0

Cash flows from investing activities

Payments for property and equipment (173.5) (185.4)

Proceeds from sale of assets 0.3 —

Insurance recoveries 0.5 —

Net cash used in investing activities (172.7) (185.4)

Cash flows from financing activities

Borrowings on revolving credit facility 650.0 670.0

Payments on revolving credit facility (650.0) (580.0)

Payments on long-term debt (18.1) (366.3)

Purchases of treasury stock (343.4) (86.3)

Proceeds from issuance of treasury stock 0.6 8.0

Payments for debt issuance costs — (0.1)

Net cash used in financing activities (360.9) (354.7)

Net change in cash and cash equivalents 38.2 (47.1)

Cash and cash equivalents at beginning of period 18.9 64.6

Cash and cash equivalents at end of period $ 57.1 $ 17.5

BRINKER INTERNATIONAL, INC.

Restaurant Summary

Fiscal 2026 New Openings

Total Restaurants Open at March 25, 2026 Total Restaurants Open at March 26, 2025 Third Quarter Openings Fiscal Year Openings Full Year Projected Openings

Company-owned restaurants

Chili’s domestic 1,110 1,109 2 5 6

Chili’s international 4 4 — — —

Maggiano’s domestic 48 50 — — —

Total Company-owned 1,162 1,163 2 5 6

Franchise restaurants

Chili’s domestic 100 99 3 3 3

Chili’s international 367 361 7 17 24-27

Maggiano’s domestic 3 3 — — —

Total franchise 470 463 10 20 27-30

Total Company-owned and franchise

Chili’s domestic 1,210 1,208 5 8 9

Chili’s international 371 365 7 17 24-27

Maggiano’s domestic 51 53 — — —

Total 1,632 1,626 12 25 33-36

NON-GAAP INFORMATION AND RECONCILIATIONS

Comparable Restaurant Sales

Comparable Restaurant Sales(1)

Price Impact

Mix-Shift Impact(2)

Traffic Impact

Q3:26 vs 25 Q3:25 vs 24 Q3:26 vs 25 Q3:25 vs 24 Q3:26 vs 25 Q3:25 vs 24 Q3:26 vs 25 Q3:25 vs 24

Company-owned 3.3 % 28.2 % 4.7 % 4.6 % 0.6 % 5.9 % (2.0) % 17.7 %

Chili’s 4.0 % 31.6 % 4.6 % 4.4 % 0.6 % 6.3 % (1.2) % 20.9 %

Maggiano’s (4.6) % 0.4 % 5.2 % 7.3 % 0.6 % 1.3 % (10.4) % (8.2) %

Franchise(3)

5.7 % 12.8 %

U.S. 5.6 % 24.1 %

International 5.7 % 5.8 %

Chili’s domestic(4)

4.1 % 31.1 %

System-wide(5)

3.6 % 25.9 %

(1)Comparable Restaurant Sales include all restaurants that have been in operation for more than 18 full months. Restaurants temporarily closed 14 days or more are excluded from Comparable Restaurant Sales. Percentage amounts are calculated based on the comparable periods year-over-year.

(2)Mix-Shift is calculated as the year-over-year percentage change in Company sales resulting from the change in menu items ordered by guests.

(3)Franchise sales generated by franchisees are not included in Total revenues in the Consolidated Statements of Comprehensive Income (Unaudited); however, we generate royalty revenues and advertising fees based on franchisee revenues, where applicable. We believe presenting Franchise Comparable Restaurant Sales provides investors relevant information regarding total brand performance.

(4)Chili’s domestic Comparable Restaurant Sales percentages are derived from sales generated by Company-owned and franchise-operated Chili’s restaurants in the United States.

(5)System-wide Comparable Restaurant Sales are derived from sales generated by Chili’s and Maggiano’s Company-owned and franchise-operated restaurants.

Reconciliation of Net Income Excluding Special Items (in millions, except per share amounts)

Brinker believes excluding special items from its financial results provides investors with a clearer perspective of the Company’s ongoing operating performance and a more relevant comparison to prior period results.

Q3 26 EPS Q3 26 Q3 25 EPS Q3 25

Net income, GAAP

$ 127.9 $ 2.87 $ 119.1 $ 2.56

Special items - Other (gains) and charges(1)

2.1 0.05 9.0 0.19

Income tax effect related to special items(2)

(0.6) (0.01) (2.3) (0.05)

Special items, net of taxes 1.5 0.04 6.7 0.14

Adjustment for special tax items(3)

(0.4) (0.01) (2.5) (0.04)

Net income, excluding special items, non-GAAP

$ 129.0 $ 2.90 $ 123.3 $ 2.66

(1)See footnote (1) to the Consolidated Statements of Comprehensive Income (Unaudited) for additional details on the composition of Other (gains) and charges.

(2)Income tax effect related to special items is based on the statutory tax rate in effect at the end of each period.

(3)Adjustment for special tax items primarily represents excess tax benefits associated with stock-based compensation.

Reconciliation of Restaurant Operating Margin (in millions, except percentages)

Chili’s Maggiano’s Brinker

Q3 26 Q3 25 Q3 26 Q3 25 Q3 26 Q3 25

Operating income - GAAP $ 209.4 $ 197.7 $ 4.6 $ 10.7 $ 166.6 $ 156.9

Operating income as a % of Total revenues 15.4 % 15.2 % 4.3 % 8.8 % 11.3 % 11.0 %

Operating income - GAAP $ 209.4 $ 197.7 $ 4.6 $ 10.7 $ 166.6 $ 156.9

Less: Franchise revenues (14.5) (11.9) (0.2) (0.2) (14.7) (12.1)

Plus: Depreciation and amortization 47.6 48.9 4.6 3.5 55.0 54.7

General and administrative 13.2 12.7 1.3 2.5 58.4 58.3

Other (gains) and charges 1.8 2.7 — 0.8 2.1 9.0

Restaurant operating margin, non-GAAP $ 257.5 $ 250.1 $ 10.3 $ 17.3 $ 267.4 $ 266.8

Restaurant operating margin as a % of Company sales, non-GAAP

19.1 % 19.4 % 9.6 % 14.3 % 18.4 % 18.9 %

Restaurant operating margin is not a measurement determined in accordance with GAAP and should not be considered in isolation, or as an alternative to operating income as an indicator of financial performance. Restaurant operating margin is widely regarded in the restaurant industry as a useful metric by which to evaluate restaurant-level operating efficiency and performance of ongoing restaurant-level operations. This non-GAAP measure is not indicative of overall Company performance and profitability because this measure does not directly accrue benefit to the shareholders due to the nature of costs excluded.

We define Restaurant operating margin as Company sales less Food and beverage costs, Restaurant labor and Restaurant expenses. We believe this metric provides a more useful comparison between periods and enables investors to focus on the performance of restaurant-level operations by excluding revenues not related to Company-owned restaurants, corporate General and administrative expenses, Depreciation and amortization, and Other (gains) and charges. Restaurant operating margin as presented may not be comparable to other similarly titled measures of other companies in our industry.

Reconciliation of Adjusted EBITDA (in millions)

Adjusted EBITDA is not a measurement determined in accordance with GAAP and should not be considered in isolation, or as an alternative to net income as an indicator of financial performance. Brinker believes presenting Adjusted EBITDA provides a useful measure of our operating performance, excluding the impacts of financing costs, capital expenditures and special items. We define Adjusted EBITDA as Net income before Provision for income taxes, Other income, net, Interest expenses, Depreciation and amortization and Other (gains) and charges.

Quarter Year-to-Date

Q3 26 Q3 25 Q3 26 Q3 25

Net income - GAAP $ 127.9 $ 119.1 $ 355.9 $ 276.1

Provision for income taxes 28.8 24.7 66.5 51.7

Other income, net (0.2) (0.1) (0.8) (0.7)

Interest expenses 10.1 13.2 31.3 42.2

Depreciation and amortization 55.0 54.7 163.2 148.7

Other (gains) and charges 2.1 9.0 3.5 30.0

Adjusted EBITDA, non-GAAP $ 223.7 $ 220.6 $ 619.6 $ 548.0

FOR ADDITIONAL INFORMATION, CONTACT:

KIM SANDERS

INVESTOR RELATIONS

investor.relations@brinker.com

MEDIA RELATIONS

media.requests@brinker.com

(800) 775-7290

3000 OLYMPUS BOULEVARD

DALLAS, TEXAS 75019

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v3.26.1

Document Cover Document

Apr. 29, 2026

Entity Information [Line Items]

Document Type

8-K

Document Period End Date

Apr. 29, 2026

Entity Registrant Name

BRINKER INTERNATIONAL, INC.

Entity Incorporation, State or Country Code

Entity File Number

1-10275

Entity Tax Identification Number

75-1914582

Entity Address, Address Line One

3000 Olympus Blvd

Entity Address, City or Town

Dallas

Entity Address, State or Province

Entity Address, Postal Zip Code

75019

City Area Code

(972)

Local Phone Number

980-9917

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, $0.10 par value

Trading Symbol

EAT

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

Entity Central Index Key

0000703351

Amendment Flag

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_EntityInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration