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Chili's Inc. was sold to Norman E. Brinker in 1983, and took the company public a year later. [5] The first Romano's Macaroni Grill opened in Leon Springs, Texas, in 1988. [6] [7] In 1991, Chili's Inc. became Brinker International, Inc. [8] In 1992, the company entered into an agreement with Pac-Am Food Concepts to expand the Chili's brand to ...
Norman Eugene Brinker (June 3, 1931 – June 9, 2009) was an American restaurateur who was responsible for the creation of new business concepts within the restaurant field. He served as president of Jack in the Box, founded Steak and Ale, helped establish Bennigan's and Chili's, and founded Brinker International.
Chili's Grill & Bar (stylized as chili's) is an American casual dining restaurant chain [3] founded by Larry Lavine in Texas in 1975 and is currently owned and operated by Brinker International. History
Same-restaurant sales at Chili's and Maggiano's rose a hearty 9.6% and 21.6%, respectively. The company said the sales gains were fueled by higher menu prices and more orders of premium items like ...
Brinker's stock has boomed 280% in the last 12 months. Tower has a Neutral rating on the stock, given "expectations of continued top and bottom line outperformance are already priced in," he wrote ...
For Brinker’s fiscal 2025, which kicked off in July, the company is anticipating earnings per share of $4.35 to $4.75 and revenue growth of 3% to 4.6%. Investors were expecting a stronger ...
In 2010, Brinker International sold On the Border to Golden Gate Capital. OTB Acquisition LLC, an affiliate of Golden Gate Capital, announced that it had completed its acquisition of On The Border Mexican Grill & Cantina from Brinker International, Inc. (NYSE: EAT). On April 24, 2014, the chain was sold to Argonne Capital Group, another private ...
As Brinker's president, [8] she created the brand strategy and direction and oversaw all executive leadership functions for 1,600 restaurants, 75,000 staff and $3 billion in annual revenues. Additionally, she grew average annual restaurant volumes from $2.8 million to $3.1 million in 18 months and introduced a "3 for $10" value menu platform ...
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