Brinker International (NYSE: EAT) shares were down over -14% this morning after posting mixed results for its fiscal fourth quarter. Still, Brinker’s stock is sitting on +60% gains this year as the operator of Chili’s Bar & Grill and Maggiano’s Little Italy. Considering its stellar year-to-date performance, investors may be wondering if the post-earnings dip is a buying opportunity. To that point, Brinker has vastly outperformed the broader indexes and the Zacks Retail-Restaurants Market including two of its top industry peers in El Pollo Loco (NASDAQ: LOCO) and Texas Roadhouse (NASDAQ: TXRH). Image Source: Zacks Investment Research Brinker’s Q4 Results Brinker’s Q4 sales came in at $1.2 billion, rising 12% year over year and surpassing estimates …
Time to Buy the Selloff in Brinker International’s Stock After Earnings?
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