Jim Cramer States "Brinker's Been a Winner in This Environment"

Brinker International, Inc. (NYSE:EAT) is one of the stocks stocks Jim Cramer shed light on. Cramer discussed the company’s earnings and said:

“You heard about it all day: This earnings season has been filled with disappointment in the restaurant space. You know, we got the CAVA that was really bad, the Sweetgreen. But some of these companies always seem to come through because they have something different, like Brinker International, the parent company of Chili’s and Maggiano’s. This morning, Brinker reported a beautiful top and bottom line beat with a mindboggling 23.7% same-store sales numbers from the Chili’s business. They just keep doing it. Even better, management issued a strong forecast for the year ahead, which is why the stock rallied over 1.6% today, although at one point it was up even bigger. Brinker’s been a winner in this environment because they offer their customers an incredible value proposition.”

Brinker International, Inc. (NYSE:EAT) owns, operates, and franchises casual dining restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands. The company also operates virtual brands.

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Disclosure: None. This article is originally published at Insider Monkey.