Good market position in the casual dining industry; Generally consistent track record as a restaurant operator and franchisor despite some recent erosion; and Participates in the highly competitive restaurant industry that is characterized by changing consumer tastes and discretionary income. Stable operating cash flow generation in the $300 million range annually; and Moderate financial policy and stable credit metrics, including debt to EBITDA consistently in the low- to mid-3x range. S&P Global Ratings' stable outlook on Brinker International Inc. reflects our expectation of generally stable operating performance as the company implements additional initiatives to drive traffic and protect margins to reverse the negative trends it has experienced in recent quarters. We also believe Brinker will continue to maintain leverage in
