Brinker International, Inc.

Leveraging higher sales, the company improved margins, made additional investments in the business and repurchased $92.0 million of the company s common stock this quarter.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Total revenues are expected to be in the range of $5.60 billion - $5.70 billion Net income per diluted share, excluding special items, non-GAAP, is expected to be in the range of $9.90 - $10.50 Capital expenditures are expected to be in the range of $270.0 million - $290.0 million and Weighted average shares are expected to be in the range of 45.0 million - 46.0 million.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Brinker believes presenting Adjusted EBITDA provides a useful measure of our operating performance, excluding the impacts of financing costs, capital expenditures and special items.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The carrying amount of debt outstanding related to our revolving credit facility approximates fair value as the interest rate on this instrument approximates current market rates (Level 2).

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

The carrying amounts of the note, which are net of unamortized debt issuance costs, and fair value are as follows: March 25, 2026 June 25, 2025 Carrying Amount Fair Value Carrying Amount Fair Value 8.25 % notes $ 346.6 $ 366.7 $ 346.0 $ 372.3 Non-Financial Assets We review the carrying amounts of non-financial assets, primarily long-lived property and equipment, finance lease assets, operating lease assets, reacquired franchise rights, goodwill and transferable liquor licenses annually or when events or circumstances indicate that the fair value may not substantially exceed the carrying amount.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

Revolving Credit Facility The $ 1.0 billion revolving credit facility matures on May 1, 2030 and bears interest at a rate of SOFR plus an applicable margin of 1.25 % to 2.00 % and an undrawn commitment fee of 0.20 % to 0.30 %, both based on a function of our debt-to-cash-flow ratio.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

Menu enhancements and advertising initiatives helped strengthen the company s value proposition and attract new guests, while improved restaurant operations continue to drive repeat visits.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The company has several initiatives in motion focused on improving the business as part of its Back to Maggiano s strategy, featuring abundant Italian American favorites with warm and attentive service.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We believe this metric provides a more useful comparison between periods and enables investors to focus on the performance of restaurant-level operations by excluding revenues not related to Company-owned restaurants, corporate General and administrative expenses, Depreciation and amortization, and Other (gains) and charges.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Operations Strategy We are committed to strategies and a Company culture that we believe will grow sales, increase profits, bring back guests and engage team members.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

Our strategies and culture are intended to strengthen our position in casual dining and grow our core business over time.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

Forward-looking statements are neither predictions nor guarantees of future events or performance and are subject to risks and uncertainties which could cause actual results to differ materially from our historical results or from those projected in forward-looking statements.

SEC original ↗Brinker International, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Legal Proceedings 36 Item 1A.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

We also expect to earn subsequent period royalties and advertising fees related to our franchise contracts; however, due to the variability and uncertainty of these future revenues which depend upon a sales-based measure, these future revenues are not yet estimable as the performance obligations remain unsatisfied.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

We have received notices of default and have been named a party in lawsuits pertaining to some of these leases in circumstances where the current lessee did not pay its rent obligations and management is closely monitoring any exposure.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

Legal Proceedings Evaluating contingencies related to litigation is a process involving judgment on the potential outcome of future events, and the ultimate resolution of litigated claims may differ from our current analysis.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026

We are engaged in various legal proceedings and have certain unresolved claims pending.

SEC original ↗Brinker International, Inc. — 10-Q Quarterly report10-QApr 29, 2026