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News Breaks | | | | March 12, 2013 | | 09:22 EDT |  | EAT | Brinker says LT goal is to double FY10 EPS to $2.75-$2.80 by FY15
Says LT goal is to improve operating margin by 400bps. Sees FY13 EPS $2.30-$2.45, consensus $2.31. Other long-term goals include: 3%-5% revenue growth, driven by 2%-3% domestic comp sales growth, and 3% international comp sales growth, as well as 0%-1% margin improvement. Sees 5%-10% Maggiano's unit growth, 1%-2% Chilli's domestic unit growth 10%-15% international unit growth. Says committed to maintaining investment grade rating. Sees FY13 CapEx $130M-$140M, FY14 CapEx $130M-$140M, FY15 CapEx $120M, and FY16 and FY17 CapEx <100M. Sees over $1B in share repurchase over the next five years. Comments from slides that will be presented at the Bank of America Merrill Lynch Consumer & Retail Conference. | |
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News For EAT From The Last 14 Days Check below for free stories on EAT the last two weeks. |
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| May 21, 2013 | | 11:01 EDT | | EAT | Brinker announces deal to acquire 11 Chili's franchise restaurants in Canada
 Subscribe for More Information | | | May 20, 2013 | | 07:41 EDT |  | EAT | Follow-up: Brinker downgraded to Market Perform at Wells Fargo
Subscribe for More Information | | | 06:58 EDT | | EAT | Brinker downgraded to Market Perform from Outperform at Wells Fargo
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