Good market position in the casual dining industry under the Chili's and Maggiano's brands; Good track record as a restaurant operator with leading margins compared with peers; and Participates in the highly competitive restaurant industry, which is characterized by changing consumer tastes and volatile input costs. Consistent and satisfactory operating cash flow generation; and Moderate financial policy, which supports consistent credit metrics, including debt to EBITDA in the mid- to high-2x range. The stable outlook on Brinker International Inc. reflects our expectation of generally stable operating performance as the company implements additional operating initiatives to drive traffic and protect margins, following modestly weakened performance in recent quarters. We also believe Brinker will continue to manage its debt issuance and shareholder
