Brinker sees FY13 EPS at lower end of $2.30-$2.45 range, consensus $2.32 Comparable restaurant sales are now projected to be approximately 1 percent for fiscal 2013 reflecting a softer sales environment in the third quarter as guests adjust to lower discretionary income resulting from higher payroll taxes, gas prices, and the delay in the disbursement of federal tax refund checks
News For EAT From The Last 14 Days
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Brinker upgraded to Buy from Hold at Wunderlich Wunderlich upgraded Brinker to Buy citing the company's stronger than industry same-store-sales trends and strong operating economies. The firm raised its price target for shares to $55 from $52.