Brinker sees FY15 revenue up 4%, consensus $2.99B Plans to open 8-10 Chili's restaurants in the U.S. this year. Says 66% of commodities are contracted through end of CY14. Sees FY15 CapEx $130M-$140M. Sees "slightly unfavorable" for FY15. Says FY revenue view assumes 1%-2% price increase. Comments made on the Q4 earnings conference call.
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.