Jim Cramer on Brinker: "This Stock Was Up Huge Coming in From Last Year"

Brinker International, Inc. (NYSE:EAT) is one of the stocks Jim Cramer recently discussed. Cramer discussed how the stock “got hit” after reporting its earnings, as he remarked:

“Coming in today, Brinker’s stock was down 30% from its highs, and that was after it reported this morning, and the stock got hit again, only finishing off 7.5%. Even though the company delivered a top and bottom line beat, Wall Street maybe didn’t love that management had some kind of difficult things to say about tariffs, margin pressure, how they’re getting hit hard by import duties on beef and shrimp. At the same time, the bulls didn’t have too much to hang their hats on because Brinker merely, well, they didn’t merely reiterate their full year forecast, I mean, I wanted something more than that. And now, well, let me just say, this stock was up huge coming in from last year.”

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

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