Brinker International, Inc. (EAT) reported that its second-quarter net income increased to $41.31 million or $0.64 per share from $39.74 million or $0.58 per share in the same period last year.
Excluding special items, earnings per share were $0.71, compared to $0.59 per share in the year-ago period. On average, 18 analysts polled by Thomson Reuters expected the company to report earnings of $0.69 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew to $742.90 million from $705.66 million a year ago. Analysts expected revenue of $735.87 million for the quarter.
International company sales increased 4.9 percent to $717.8 million and comparable restaurant sales at company-owned restaurants increased 3.7 percent including the positive impact to each brand of approximately 1.1 percent from Christmas Day moving to the third quarter.
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