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 backs guidance of 25-50 bp of restaurant-levell op margin expansion The company said we were not surprised by margins with the exception of the commodity expenses. Expects commodity expenses also comes back in line. The company said it is now working on changing the trajectory of the brand at Chili's with a lot more initiatives to come. It said it is nowhere near the end of the potential of grow market share. Comments taken from Q1 earnings conference call.