EUR/USD likely to find a peak near 1.25: UBS
DALLAS - Brinker International, Inc. (NYSE: NYSE:EAT), the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy, announced today the appointment of Timothy (TJ) Johnson to its Board of Directors. Johnson brings over three decades of expertise in financial, strategic, and operational leadership within the global retail sector to Brinker’s board.
Prior to his new role, Johnson has been instrumental in his position as Chief Financial and Chief Administrative Officer for Victoria’s Secret & Co since 2021, with his retirement scheduled for June 2025. His career began in public accounting at Coopers & Lybrand and included corporate finance roles at then Limited Brands (NYSE:BBWI). He has also served as the Chief Financial and Chief Administrative Officer for Big Lots (NYSE:BIG) and has board-level experience from his tenure with The Aaron’s (NYSE:AAN) Company.
Johnson’s qualifications as a financial expert are well-established, with a track record in financial planning and analysis, strategy development, accounting, investor relations, capital allocation, mergers and acquisitions, and risk management. His appointment is expected to bolster Brinker’s strategic and financial decision-making capabilities.
Joe DePinto, Chairman of the Board at Brinker, expressed confidence that Johnson’s extensive experience with national and global consumer brands will enhance the guest experience at Brinker’s restaurants and reinforce the company’s industry leadership. DePinto anticipates that Johnson’s addition to the board will contribute to the ongoing growth in long-term shareholder value.
Brinker International, founded in 1975 in Dallas, Texas, operates over 1,600 restaurants in the United States and across 27 other countries and two U.S. territories. The company is committed to delivering a special dining experience to its guests, whether in their restaurants or through takeout and delivery services. The company has shown robust growth with revenue increasing by 13.67% in the last twelve months, generating $4.83 billion in revenue. Based on InvestingPro’s Fair Value analysis, the stock is currently trading near its fair value, with 16 analysts recently revising their earnings expectations upward for the upcoming period.
This board appointment is based on a press release statement from Brinker International.
In other recent news, Brinker International has been the focus of several analysts’ reports. Stifel raised its price target for Brinker International to $200, acknowledging the company’s impressive financial results and the successful implementation of comprehensive turnaround efforts. BMO Capital Markets also increased its price target to $150 following Brinker’s second-quarter earnings announcement, which exceeded both consensus and BMO’s own estimates. The company also raised its earnings per share (EPS) guidance for the fiscal year 2025 based on these results.
In addition, BofA Securities raised its target for Brinker to $195, while maintaining a neutral rating. This adjustment was in response to the significant transaction growth and successful marketing strategies the company has implemented. JPMorgan also increased its price target to $160, noting the strong performance of the Chili’s brand in the second quarter of 2025 and the continued momentum into the third quarter.
Lastly, Citi raised its price target for Brinker to $185, recognizing the company’s successful implementation of improved food quality, service, atmosphere, and marketing strategies. However, the firm also cautioned that the company’s stock price and valuation are highly sensitive to changes in same-store sales. These are among the recent developments for Brinker International.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.