Chili's Same-Restaurant Sales Rise 10% in Recent Quarter
Chili's same-restaurant sales rose 10% across the chain in the recent quarter, driven largely by traffic. CEO Kevin Hochman said traffic beat the industry for 12 consecutive quarters.
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03:56:15 PM UTC
SquawkNews
1156 ET - Brinker International says its investments in marketing, operations and value are spinning a powerful flywheel, keeping guests coming to Chili's. "This steady approach is why the business will continue to win," CEO Kevin Hochman says on a call with analysts. The restaurant group is foreca…
Chili's has its foot on the gas, and it isn't letting up. Same-restaurant sales were up 10% across the chain during the recent quarter, driven largely by traffic. "Chili's traffic has now beat the industry in the past 12 quarters," says Kevin Hochman, CEO of parent company Brinker International. Ch…