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Brinker International Withdraws Q2 Guidance, Says Chili's And Maggiano's Restaurants Are Being 'impacted by dining room closures and capacity limitations per state and local guidelines.'


Benzinga | Dec 16, 2020 06:31AM EST

Brinker International Withdraws Q2 Guidance, Says Chili's And Maggiano's Restaurants Are Being 'impacted by dining room closures and capacity limitations per state and local guidelines.'

DALLAS, Dec. 16, 2020 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) today announced selected business results and a withdrawal of financial guidance for the second quarter of fiscal 2021 as Chili's(r) Grill & Bar and Maggiano's Little Italy(r) restaurants are impacted by dining room closures and capacity limitations per state and local guidelines.

"While positive Chili's traffic in October generated a strong start to the quarter, the recent rise in COVID-19 cases has resulted in dining room closures and capacity limitations that will prevent us from achieving our plans for the second quarter," said Wyman Roberts, chief executive officer of Brinker International. "As we work through this short-term change in the operational environment, we are confident in our continued ability to outperform the sector and the ability of our strategies to deliver long-term growth."






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