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Tigress Reiterates On Brinker International

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In a report released Thursday, Tigress analyst Ivan Feinseth released coverage on Brinker International (NYSE: EAT), reiterating a Buy.

Analysts at Tigress believe Brinker International displays strong growth potential due to its recent menu innovations focused on targeting more younger customers who value a natural food selection. Feinseth favors Brinker's use of technology; for example, the company's announcement of Ziosk, a tableside tablet improving ticket size and churn, given credit to future earnings.

Brinker International displayed strong sales last quarter with a 3.7 percent increase in company-wide sales and a 2.3 percent increase in comp sales at company-owned restaurants. Tigress analysts see future improvement in net operating profit before tax margin in full year 2015 influencing cost savings and less CapEx spending forecasts.

Latest Ratings for EAT

DateFirmActionFromTo
Aug 2016Canaccord GenuityInitiates Coverage onHold
Aug 2016BarclaysMaintainsEqual-Weight
Jun 2016BarclaysMaintainsEqual-Weight

View More Analyst Ratings for EAT
View the Latest Analyst Ratings

Posted-In: Ivan Feinseth TigressReiteration Analyst Ratings

 

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