Brinker: SVP & COO Of Brinker International Sold $1.25M In Stock

Douglas Comings, SVP & COO at Brinker International (NYSE:EAT), disclosed an insider sell on February 11, according to a recent SEC filing.What Happened: Comings's decision to sell 7,500 shares of Brinker International was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value of the sale is $1,253,250.At Wednesday morning, Brinker International shares are down by 0.14%, trading at $164.0.Delving into Brinker International's BackgroundBrinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.Brinker International's Economic Impact: An AnalysisRevenue Growth: Brinker International's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 26.45%. This signifies a substantial increase in the company's top-line ...Full story available on Benzinga.com