Brinker International
- NYSE: EAT
- S&P 600 component
- Chili's Grill & Bar
- (1975-76)
- Chili's, Inc.
- (1976-91)
- Larry Lavine
- (Chili's Grill & Bar)
- Norman E. Brinker
- (Brinker International, Inc.)
- Kevin Hochman (president and CEO)
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- Chili's
- Maggiano's Little Italy
[2][3]
Brinker International, Inc. (or simply Brinker) is an American multinational hospitality industry company that owns Chili's and Maggiano's Little Italy restaurant chains. Founded in 1975 and based in Dallas, Texas, Brinker currently owns, operates, or franchises 1,672 restaurants under the names Chili's Grill & Bar and Maggiano's Little Italy worldwide.[4][1]
History
Larry Lavine opens the first Chili's Grill & Bar in Dallas, Texas.[5] The company was renamed Chili's Inc. in 1976.
Chili's Inc. was sold to Norman E. Brinker in 1983, and took the company public a year later.[5]The first Romano's Macaroni Grill opens in Leon Springs, Texas, in 1988.[6][7]
In 1991, Chili's Inc. became Brinker International, Inc.[8] In 1992, the company entered into an agreement with Pac-Am Food Concepts to expand the Chili's brand to the Far East.[9]
Chili's, Inc. became Brinker International, Inc. (Brinker) in 1991.[10] In 1992, the company entered into an agreement with Pac-Am Food Concepts to expand the Chili's brand to the Far East.[11]
In 2000, Norman Brinker stepped down as company chairman, he passed away in June 2009.[12]
In November 2012, Brinker announced the election of Wyman Roberts as CEO and President of Brinker International, and President of Chili's Grill & Bar, effective January 1, 2013.[13] He served in this role until his retirement in June of 2022 and was succeeded by Kevin Hochman.[14] Roberts' Brinker tenure includes his role as President of Chili's since 2009. Previously, Roberts also served as Brinker's Chief Marketing Officer and President of the Maggiano's Little Italy brand.[4]
In May 2022, Brinker International announced it joined the National Restaurant Association Educational Foundation (NRAED)’s SkillBridge program. The program, in partnership with the Department of Defense, “helps transitioning service members prepare for a Department of Labor-approved restaurant management apprenticeship program.”[15]
In June 2024, CFO Joe Taylor retired and was succeeded by Mika Ware.[16]
Acquisitions & sales
Brinker acquired Maggiano's from Lettuce Entertain You Enterprises in August 1995.[17]
The company sold off the Corner Bakery Cafe brand in 2005.[18]
In December 2008, Mac Acquisition LLC, an affiliate of Golden Gate Capital, purchased a majority interest in Romano's Macaroni Grill for $131.5 million.[3][19]
In June 2010, Brinker sells On the Border Mexican Grill & Cantina to OTB Acquisition LLC, also an affiliate of Golden Gate Capital.[3][20]
In 2015, the company purchased 103 franchised Chilli’s restaurants for a reported $106.5 million.[21]
Restaurants
Brinker International owns, operates, and franchises the Chili's Grill & Bar, Maggiano's Little Italy and It's Just Wings [22] restaurant concepts. They also have a minority stake in Mac Acquisition LLC, the owners of Romano's Macaroni Grill as of 2008.[2]
Lawsuits
In 2004, a lawsuit was filed against Brinker Restaurant Corp, a subsidiary of Brinker International, alleging the company violated laws governing meal breaks by failing to provide meal and rest periods to its employees. In 2006, the case was certified a class action lawsuit.[23]
An appeal was filed by Brinker in 2008, and the case made its way to the California Supreme Court in 2012.[24] It was ruled that California employers are required to provide uninterrupted 30-minute meal breaks, but are not obligated to ensure that no work is being done during those breaks.[25]
In July 2024, American rap rock group the Beastie Boys filed a lawsuit against Brinker International for copyright infringement, claiming that the group's 1994 song "Sabotage" had been illegally used to promote the restaurant chain Chili's, which is owned by Brinker, in advertisements on social media starting around November 2022.[26]
See also
References
- ^ a b c d e f "Brinker International, Form 10-K, Annual Report, 2015" (PDF). secdatabase.com. Retrieved June 12, 2016.
- ^ a b Brinker International, Inc. (June 29, 2011). "FY 2011 10-K". U.S. Securities and Exchange Commission. Retrieved April 17, 2012.
- ^ a b c Brinker International, Inc. (June 29, 2011). "2011 Annual Report to Shareholders". U.S. Securities and Exchange Commission. Retrieved April 17, 2012.
- ^ a b "Brinker International, Form 8-K, Current Report, Filing Date Feb 8, 2013" (PDF). secdatabase.com. Retrieved Feb 13, 2013.
- ^ a b "For Investors, Corporate Profile". Brinker International, Inc. 2011. Retrieved April 17, 2012.
- ^ Allen, By Paula. "Phil Romano's 1980s dinner club and former North Side water park spark readers' memories". San Antonio Express-News. Retrieved 2024-05-07.
- ^ Daniels, Lauren Drewes. "Houston-based Ignite Restaurant Group Buys Romano's Macaroni Grill". Dallas Observer. Retrieved 2024-05-07.
- ^ "Chili's & Maggiano's Trademarks - Gerben IP". www.gerbenlaw.com. 2022-02-24. Retrieved 2024-05-07.
- ^ "Brinker to operate Chili's restaurants in 10 Asian countries - UPI Archives". UPI. Retrieved 2024-05-07.
- ^ "Chili's & Maggiano's Trademarks - Gerben IP". www.gerbenlaw.com. 2022-02-24. Retrieved 2024-05-15.
- ^ "Brinker to operate Chili's restaurants in 10 Asian countries - UPI Archives". UPI. Retrieved 2024-05-15.
- ^ "News & Announcements". Horatio Alger. Retrieved 2024-05-29.
- ^ "Roberts to president ceo of Brinker in 2013 | Bakingbusiness.com | November 08, 2012 11:22 | Baking Business". www.bakingbusiness.com. Retrieved 2024-07-05.
- ^ "Brinker International CEO, president Wyman Roberts to retire in June". Nation's Restaurant News. 2022-05-16. Retrieved 2024-07-05.
- ^ "Chili's Grill & Bar becomes first restaurant to partner in innovative management training program for Military Servicemembers | National Restaurant Association Educational Foundation". Retrieved 2024-07-05.
- ^ Innovates, Dallas; Murray, Lance (2024-03-09). "Brinker International CFO Joe Taylor to Retire; New CFO and CIO Named Amid Executive Leadership Transition". Dallas Innovates. Retrieved 2024-05-29.
- ^ "Our Story". Maggiano's Little Italy. Retrieved 2024-05-29.
- ^ "Brinker Selling Corner Bakery Cafe Chain for $70M". benefitspro.com. Retrieved 2024-05-29.
- ^ "Brinker Sells Majority Interest in Macaroni Grill". www.seafoodsource.com. Retrieved 2024-06-21.
- ^ Staff (2010-04-01). "Brinker Sells On The Border Brand". franchisetimes.com. Retrieved 2024-06-21.
- ^ "Brinker International acquires Chili's franchisee in $106.5M deal". Restaurant Business. 25 June 2015. Retrieved 2024-06-21.
- ^ "Nation's Restaurant News names Brinker International/It's Just Wings winner of first CREATOR of the Year Award". 6 October 2021.
- ^ "Brinker wins appeal vs. Calif. class-action ruling". Nation's Restaurant News. 2008-08-04. Retrieved 2024-08-07.
- ^ "Calif. high court to review pro-Brinker ruling quashing class action". Nation's Restaurant News. 2008-10-23. Retrieved 2024-08-07.
- ^ "California Supreme Court Issues Employer-Friendly Decision On Employee Breaks and Class Status". The National Law Review. Much Shelist, P.C. 2012-06-03. Archived from the original on 2012-06-05. Retrieved 2020-01-02.
- ^ Millman, Ethan (2024-07-11). "Beastie Boys Sue Chili's Owner for Using 1994 Hit Song 'Sabotage' in Advertisements". Rolling Stone. Archived from the original on 2024-07-12. Retrieved 2024-07-12.
External links
- Business data for Brinker International:
- Bloomberg
- Reuters
- SEC filings
- Yahoo!
- Official website
- Brinker International SEC Filings
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