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Brinker International Shows Tremendous Growth

By October 5, 2012

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Brinker International has been growing by leaps and bounds.  According to a recent article in Forbes magazine, its profit increased by 76 percent over the last year.  A recent divided yielded 2.2 percent, and total revenue for its fiscal year was $784.5 million.

Their Chili's brand has had 5 consecutive quarters of sales increases, and their Maggiano's brand has had 10.  They are projecting growth of nearly 20 percent for fiscal year 2013, and nearly 14 percent for fiscal year 2014.

This would have pleased their founder, Norman Brinker, who is considered the founding father of casual dining for his establishment of Steak and Ale and his development of Bennigan's and Chili's, the latter being the cornerstone of the company that bears his name.  Read more about him: http://franchises.about.com/od/mostpopularfranchises/a/Norman-Brinker-Biography.htm

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