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Q3 F25 April 29, 2025
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SAFE HARBOR STATEMENT During these presentations, and in response to your questions, certain items may be discussed which are not based entirely on historical facts. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update such statements to reflect events or circumstances arising after such date. All such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those anticipated. We have described the most significant of these risks and uncertainties in our reports filed with the Securities and Exchange Commission. Such risks and uncertainties include the impact of general business and economic conditions on us, and our guests, franchisees, suppliers, and landlords, financial and credit market conditions, credit availability, reduced disposable income, the impact of competition, the impact of mergers, acquisitions, divestitures and other strategic transactions, the seasonality of the company’s business, adverse weather conditions, future commodity prices, energy costs, product availability, fuel and utility costs and availability, terrorists acts, consumer perception of food safety, changes in consumer taste, health epidemics or pandemics, changes in demographic trends, availability of employees, unfavorable publicity, the company’s ability to meet its growth plan, acts of God, governmental regulations, inflation, information technology failures, impairment in carrying value of goodwill or other assets, failure of internal controls over financial reporting, litigation, and other risks and uncertainties from time to time filed in our reports to the Securities and Exchange Commission. 2
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Brinker Chili’s Maggiano’s Domestic Franchise International Franchise Q1 F25 13% 14.1% 4.2% 12.3% 3.7% Q2 F25 27.4% 31.4% 1.8% 21.1% (1.0%) Q3 F25 28.2% 31.6% 0.4% 24.1% 5.8% Q4 F25 FY F25 SAME STORE SALES – F24, F25 Brinker Chili’s Maggiano’s Domestic Franchise International Franchise Q1 F24 5.8% 6.1% 2.6% 5.0% 3.4% Q2 F24 5.2% 5.0% 6.7% 6.4% (2.7%) Q3 F24 3.3% 3.5% 1.7% 4.9% (0.8%) Q4 F24 13.5% 14.8% 2.5% 10.3% 0.5% FY F24 7.0% 7.4% 3.5% 7.1% (2.0%)
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BRINKER SALES AND REVENUE * $1,002 $1,064 $1,109 $1,197 $1,127 $1,346 $1,413 Q1 Q2 Q3 Q4 Total Company Sales F24 F25 $1,013 $1,074 $1,120 $1,208 $1,139 $1,358 $1,425 Q1 Q2 Q3 Q4 Total Revenues F24 F25 $898 $917 $988 $1,073 $1,019 $1,197 $1,292 Q1 Q2 Q3 Q4 Chili’s Company Sales F24 F25 $104 $147 $121 $124 $108 $149 $121 Q1 Q2 Q3 Q4 Maggiano’s Company Sales F24 F25 * Chili’s, Maggiano’s, and Company sales restated to include F23 accounting change.
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Q3 FOOD COST SLIGHTLY LOWER DUE TO MENU PRICE Source: Brinker data 5 Q3F24 Menu Mix Commodity Inflation Menu Price Q3F25 Food Cost Expense Bridge 25.0%25.1% 70 bps 30 bps (110 bps)
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SALES LEVERAGE LEADS TO DECREASE IN Q3 LABOR COST Source: Brinker data 6 Q3F24 Hourly Labor Manager Salaries Bonus Other Sales Leverage Q3F25 Labor Bridge 33.4% 290 bps 40 bps 40 bps (490 bps) 32.0% (20 bps)
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SALES LEVERAGE DRIVES SIGNIFICANT DECREASE IN Q3 RESTAURANT EXPENSE Source: Brinker data 7 Q3F24 R&M Expense Advertising Worker's Comp Sales Leverage Q3F25 Restaurant Expense Bridge 27.4% 24.1% 40 bps 40 bps 30 bps (440 bps)