Brinker International, Inc., a well-known player in the casual dining sector, has been given a neutral rating by UBS.
The company operates two popular restaurant brands: Chili's Grill & Bar and Maggiano's Little Italy. Chili's is primarily located in the United States and is a significant part of the full-service casual dining market. It has both company-owned locations in Canada and generates revenue through franchise operations in the United States, 27 other countries, and two U.S. territories.
Maggiano's, on the other hand, focuses on its domestic presence, with company-owned restaurants and franchise royalties within the United States. The brand has a large presence, with over 1,600 restaurants across the U.S., 27 other countries, and two U.S. territories.