Brinker sees FY14 EPS $2.65-$2.75, consensus $2.73 Repeats goal of doubling FY10 EPS to $2.75-$2.80 by FY15. Says on pace to achieve its long term goal of improving operating income margin by 400 bps by FY14. Still sees 3%-5% revenue growth on an annual basis. Comments made at the Raymond James Institutional Investors Conference.
Brinker increases dividend 14%, authorizes $250M stock repurchase The board for Brinker International declared a quarterly dividend of 32c per share on the common stock, representing a 14% increase in Brinker's quarterly dividend. The dividend will be payable Sept. 24 to shareholders of record as of Sept. 4. Brinker's board also authorized an additional $250M in share repurchases. With the additional amount, Brinker will have approximately $567M in available authorization.