BRINKER INTERNATIONAL, INC

Brinker International, Inc.

Overview

• Owns, develops, operates and franchises two national restaurant brands:
  • Chili’s Grill & Bar (casual dining)
  • Maggiano’s Little Italy (full-service Italian American)
• Brands operate domestically and internationally, including non-traditional locations. Chili’s operates in the United States, 28 other countries, and two U.S. territories.

Key business details (fiscal 2026)

Brand position and offering

• Chili’s:
  • Focus on core menu items (burgers, fajitas, Chicken Crispers) and value platforms (e.g., “3 for Me” starting at $10.99).
  • Digital and off-premise capabilities: To-Go, delivery, online ordering, My Chili’s loyalty program, and in-restaurant tablet-enabled features.
• Maggiano’s:
  • Focus on Italian American favorites prepared from a scratch-made kitchen.
  • Offers banquet spaces for events, plus dine-in and carry-out/delivery options.

Financial metrics per brand (fiscal 2026)

• Chili’s (Company-owned)
  • Average annual net sales per restaurant: $5.0 million
  • Average revenue per meal (including alcoholic beverages): $23.12 per guest
  • Food and non-alcoholic beverage sales: 91.1% of Company sales
  • Alcoholic beverage sales: 8.9% of Company sales
• Maggiano’s (Company-owned)
  • Average annual sales per restaurant: $9.5 million
  • Average revenue per meal (including alcoholic beverages): $41.36 per guest
  • Food and non-alcoholic beverage sales: 87.4% of Company sales
  • Alcoholic beverage sales: 12.6% of Company sales

Restaurant footprint (Company-owned)

• Total Company-owned restaurants: 1,163 (as of June 24, 2026)
  • Chili’s domestic: 1,110
  • Chili’s international: 4
  • Maggiano’s domestic: 49
• Comparative year-end (June 25, 2025): Total 1,162

Openings and growth

• Fiscal 2026 openings: 6 new Company-owned restaurants
• Fiscal 2027 projected openings: 4 new Company-owned restaurants

2026 activity

• Acquisition: On June 1, 2026, Brinker executed an asset purchase agreement to acquire 12 Chili’s restaurants in Alabama and Mississippi (real estate for six locations included). Expected close date: August 27, 2026.
• Restaurant performance actions: Closed one Maggiano’s and relocated that restaurant; permanently closed five Chili’s due to underperformance or extended lease challenges.

Strategic and operating initiatives

• Domestic development emphasis on desirable markets, including major metropolitan areas, smaller markets, and franchise partnerships to enter non-traditional locations (for example, airports).
• Site selection uses analytical methods and internal review to evaluate trade area demographics, site characteristics, proximity to activity centers, and supply/demand trends.
• Brand modernization:
  • Chili’s “modern Greenville” re-image program targeting 60–80 remodels in fiscal 2027, then roughly 10% of the fleet remodeled annually.
  • Maggiano’s “Back to Maggiano’s” strategy focusing on food, service, atmosphere, and banquet capabilities.

Customer experience and technology

• Investments in technology to improve dine-in efficiency, order accuracy, and the guest experience (handheld devices for servers, table-side payment, guest feedback, and My Chili’s).
• Enhanced off-premise options through To-Go and delivery partnerships and direct ordering to align with guest preferences.

Summary

Brinker operates two national restaurant brands with a substantial Company-owned footprint and ongoing expansion plans. The company emphasizes a mix of value-oriented core menu items, modernization of the brand experience, and an enhanced digital and off-premise presence to drive guest traffic. Fiscal 2026 metrics show per-restaurant performance and average check sizes for each brand, and growth initiatives include targeted U.S. expansion, remodel programs, and selective acquisitions.