Summary: Brinker International Inc. - S&P Global Ratings’ Credit Research

Summary: Brinker International Inc.

Summary: Brinker International Inc. - S&P Global Ratings’ Credit Research
Summary: Brinker International Inc.
Published Apr 10, 2018
9 pages (2542 words) — Published Apr 10, 2018
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Good market position in the casual dining industry; Generally consistent track record as a restaurant operator and franchisor despite some recent erosion; and Participant in a highly competitive casual dining restaurant industry that vulnerable to economic downturns and changes in consumer tastes. Stable annual operating cash flow generation in the $300 million range; and Moderate financial policy and stable credit metrics, including our expectation debt to EBITDA consistently in the mid-3x range. S&P Global Ratings' stable outlook on Brinker International Inc. reflects our expectation for generally stable operating performance as the company implements initiatives to drive traffic and to protect margins. We believe these initiatives will help stabilize and improve the negative trends that Brinker has recently experienced. Consequently, we

  
Brief Excerpt:

...Business Risk: Satisfactory Financial Risk: Significant + Good market position in the casual dining industry; + Generally consistent track record as a restaurant operator and franchisor despite some recent erosion; and + Participant in a highly competitive casual dining restaurant industry that vulnerable to economic downturns and changes in consumer tastes. + Stable annual operating cash flow generation in the $300 million range; and + Moderate financial policy and stable credit metrics, including our expectation debt to EBITDA consistently in the mid-3x range....

  
Report Type:

Summary

Ticker
EAT
Issuer
GICS
Restaurants (25301040)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Brinker International Inc." Apr 10, 2018. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Brinker-International-Inc-2019020>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Brinker International Inc. Apr 10, 2018. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Brinker-International-Inc-2019020>
  
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