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Kiplinger

Business

Joey Solitro

UNCOVERED: Brinker international stock sinks as higher costs eat into earnings - Caught on Camera

Brinker Brinker International EAT Chili

Signage for a Chili's restaurant, which is owned by Brinker International.

Brinker International (EAT) stock is down nearly 13% Wednesday afternoon. The selloff comes after the parent company of Chili's and Maggiano's Little Italy came up short of earnings expectations for its fiscal fourth quarter and issued a weak earnings outlook for its new fiscal year.

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