Brinker International, Inc. (NYSE:EAT) Q3 2023 Earnings Conference Call May 3, 2023 10:00 AM ET
Company Participants
Mika Ware - VP, Finance & IR
Kevin Hochman - CEO & President
Joe Taylor - CFO
Conference Call Participants
David Palmer - Evercore ISI
John Ivankoe - JP Morgan
Chris O'Cull - Stifel
Dennis Geiger - UBS
Karen Holthouse - Citigroup
Brian Vaccaro - Raymond James
Fred Wightman - Wolfe Research
Operator
Good day and welcome to the Brinker International Q3 FY 2023 Earnings Call. At this time all participants have been placed on a listen-only mode. The floor will be opened for question and comments following the presentation.
It is now my pleasure to turn the floor over to your host Mika Ware, Vice President of Finance and Investor Relations. Ma'am, the floor is yours.
Mika Ware
Thank you, Holly, and good morning everyone, and thank you for participating on today's call. Joining me today on the call are Kevin Hochman, our Chief Executive Officer and President; and Joe Taylor, our Chief Financial Officer. Results for the quarter were released earlier this morning and are available on our website at brinker.com. As usual Kevin and Joe will first make prepared comments related to our strategic initiatives and operating performance, then we will open the call for your questions.
Before beginning our comments, I would like to remind everyone of our Safe Harbor regarding forward-looking statements. During our call, management may discuss certain items, which are not based entirely on historical facts. Any such items should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such statements are subject to risks and uncertainties which could cause actual results to differ from those anticipated. Such risks and uncertainties include factors more completely described in this morning's press release and the company's filing with the SEC.
And, of course, on the call, we may refer to certain non-GAAP financial measures that management uses in its review of the business, and believes will provide insight into the company's ongoing operations.
And with that said, I will turn the call over to Kevin.
Kevin Hochman
Thanks, Mika, and good morning everyone. Thank you for joining us as we share insights into our third quarter results and the continued progress we're making on our strategy. In the third quarter, we continued to improve our operational, financial and guest metrics. And then in the last month of the quarter we turned on our first national advertising campaign in over three years that both significantly narrowed our traffic gap versus the industry, as well as accelerated market share growth versus the industry.