Brinker International Inc

EAT: XNYS (USA)
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Brinker's First-Quarter Results Fail to Meet Expectations

Brinker EAT reported first-quarter earnings Wednesday that slightly missed Street expectations on the bottom line and have the stock reeling in early trading. The firm posted decent same-store sales growth at its two main concepts, although comparables weakened in the latter part of summer. At this time, our fair value estimate remains under review as we transition our coverage of Brinker to a new analyst.

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