Brinker reports Q1 EPS $1.93, consensus $1.77

Reports Q1 revenue $1.35B, consensus $1.33B. Reports Q1 comparable restaurant sales up 18.8%. Reports Q1 Chili’s comparable restaurant sales 21.4%. Reports Q1 Maggiano’s comparable restaurant sales down 6.4%. “Chili’s continues to deliver industry leading results with first quarter sales of +21% and traffic of +13%, against a tough macro environment,” said Kevin Hochman, president and CEO of Brinker (EAT) International. “Our consistent investments in food, service, and atmosphere, combined with strong plans, give us confidence we can build on this growth and successfully lap the high sales comparisons in Q2 & Q3.”