Brinker International (EAT) SVP Comings sells $2.5 million in stock

Published 10/09/2025, 21:48
Brinker International (EAT) SVP Comings sells $2.5 million in stock

Douglas N. Comings, SVP & COO, Chili’s at Brinker International (NASDAQ:EAT), sold 16,000 shares of common stock on September 9, 2025, at prices ranging from $156.44 to $156.83, for a total value of $2,503,680.

According to a Form 4 filing with the Securities and Exchange Commission, on September 8, Comings also disposed of 2,631 shares of common stock at a price of $157.33, for a total value of $413,935. Also on September 9, Comings disposed of 500 shares of common stock as a gift.

Following these transactions, Comings directly owns 12,951 shares of Brinker International common stock. He also indirectly owns 1,959.23 shares through the Brinker International, Inc. 401(k) Plan as of September 9, 2025.

In other recent news, Brinker International has reported notable developments. The company exceeded expectations in its fourth-quarter fiscal 2025 earnings, with earnings per share at $2.49, surpassing the consensus estimate of $2.47. This performance was supported by stronger-than-expected comparable sales at its Chili’s restaurant chain. Evercore ISI upgraded Brinker International’s stock to Outperform, citing growth potential driven by improved customer satisfaction and effective marketing. Stifel reiterated its Buy rating, maintaining a price target of $215, highlighting operational improvements and food quality enhancements at Chili’s. BMO Capital raised its price target to $170 from $150, maintaining a Market Perform rating, while Piper Sandler increased its target to $168, noting strong same-store sales growth of approximately 25% for the fiscal year. Evercore ISI also raised its price target to $190, reflecting confidence in the company’s turnaround. These recent developments underscore the positive momentum Brinker International is experiencing.

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