Brinker CEO Kevin Hochman: "We Are Firing on All Cylinders" After 20 Straight Quarters of Growth
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Brinker CEO Kevin Hochman: "We Are Firing on All Cylinders" After 20 Straight Quarters of Growth
""We're now the number 2 casual dining brand in the U.S. on sales. We retained our number one stance as the number one traffic brand. We are now the number one alcohol restaurant brand in America. So we are firing on all cylinders and it starts with our team members taking care of our guests.""
""20 quarters, 20 consecutive quarters of same-store sales growth, 31% comp from last year for Chili's. How is that possible?" Cramer called the consistency "cadence", and that is the right word for what the numbers show."
"Hochman's playbook is uncomplicated. "We just keep rolling with the food service and atmosphere, the fundamentals of casual dining." Combine that with "extreme value that's working in the marketplace," and Chili's has converted lapsed guests into repeat ones."
Chili's has reported its 20th consecutive quarter of same-store sales growth, achieving a 4.0% increase on top of a 31.6% increase from the previous year. The company has become the number two casual dining brand in the U.S. and the number one alcohol restaurant brand. Brinker International delivered an adjusted EPS of $2.90, surpassing estimates, and raised its FY2026 non-GAAP EPS guidance. Hochman's strategy focuses on food service, atmosphere, and providing extreme value to attract repeat customers.
Read at 24/7 Wall St.
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