Brinker International Increases Fiscal 2010 Outlook, Raises Dividend and Authorizes Additional $250 Million for Share Repurchases
On a GAAP basis, earnings per diluted share are estimated to be $0.38 to $0.41 for the third quarter of fiscal 2010 as compared to $0.34 for the third quarter of fiscal 2009. Comparable restaurant sales are estimated to decline between 3.5 to 4.5 percent for the third quarter.
Brinker International, Inc. (NYSE: EAT) estimates earnings per diluted share, before special items, of $0.41 to $0.44 for the company's third quarter ended Mar. 24, 2010 as compared to earnings per diluted share, before special items, of $0.45 for the third quarter of fiscal 2009.
