Brinker International, Inc. (NYSE:EAT) Q4 2022 Earnings Conference Call August 24, 2022 10:00 AM ET

Company Participants

Mika Ware - Vice President of Finance and Investor Relations

Kevin Hochman - Chief Executive Officer and President

Joe Taylor - Chief Financial Officer

Conference Call Participants

David Palmer - Evercore ISI

Nicole Miller - Piper Sandler

Chris O'Cull - Stifel

Jeffrey Bernstein - Barclays

Andrew Strelzik - BMO Capital Markets

Brian Mullan - Deutsche Bank

John Glass - Morgan Stanley

John Ivankoe - JPMorgan

Jared Garber - Goldman Sachs

Dennis Geiger - UBS

Chris Carril - RBC Capital Markets

Operator

Good day, ladies and gentlemen, and welcome to the Brinker International Q4 F ‘22 Earnings Conference. At this time, all participants have been placed on a listen-only mode, and the floor will be opened for questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Mika Ware, VP of Finance and Investor Relations at Brinker. Ma’am, the floor is yours.

Mika Ware

Thank you, Paul, and good morning everyone. And thank you for participating on today’s call. With me 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 is our practice Kevin and Joe will first make prepared comments related to our operating performance and strategic initiatives. Then we will open the call for your questions.

Before beginning our comments, I’d like to remidn 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 filings 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. With this being our first call since Wyman's retirement, I wanted to take a moment to recognize him as the leader of our great company for the past nine years and to thank him for our many strategic accomplishments. In addition to being a coach and a friend to so many Brinker heads, Wyman led growth of our brand significant technology improvements and develop an industry leading off premise business. I know he's listening and cheering us on, so on behalf of our 62,000 team members, thank you Wyman for entrusting your legacy to us and preparing us for the future.