Why Brinker International Stock Soared in January

Shares of Brinker International (NYSE: EAT) rose by a mouthwatering 37.6% in January, according to data from S&P Global Market Intelligence. The company behind the popular restaurant chains Chili's and Maggiano's Little Italy delivered an earnings report strong enough to boost other restaurant stocks that day.Brinker reported second-quarter results on Jan. 29, and it was a blowout performance.Earnings more than doubled year over year, landing at $2.80 per share. Revenues rose 27% to $1.36 billion. Your average analyst firm would have settled for earnings of roughly $1.56 per share on sales near $1.19 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool