Brinker International Inc
EAT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@# | LOCK|cTHH< | LOCK|@<<!@!L |
Traffic Trends Falter in Third Quarter, but Brinker Still Manages Bottom-Line Growth
Solid cost containment and previous menu price increases enabled Brinker EAT to grow its bottom line in the third quarter despite weakening trends on the top line. The results do not move the needle on our projections or long-term outlook. As such, we will maintain our fair value estimate of $33 per share and our no-moat rating.
